EB5: USCIS I-829(removal of Condition) data

USCIS just released its most recent data available for I-829, removal of condition for EB5 applicants.  The table below shows that USCIS has only denied 11 I-829 petitions, which is a very small percentage of all I-829 adjudicated in 2015.  This is a great news for all EB5 applicants. 

Petitions by Case Status Petition by Entrepreneur to Remove Conditions

                                2008   2009    2010    2011    2012    2013     2014       2015

1 Petitions Received   391    437     768      2345    712      1217      2516       2767

2 Approved                 161    350     274     1067     736       844      1603       1067

3 Denied                      69     57       56       46        60         44        178        11

4 Pending                    454    735     1167   2395     1013      1345    2075      4049

In 2015, USCIS received 14,373 I-526 petitions;  USCIS approved  8,756  and denied 1,051.  As of September 30, 2015, there were 17,367 I-526 petitions pending.  Based on I-526 filing trend in the past two months, we believe the pending I-526s will be around 20,000 at this time. 

From 2008 to the end of 2015 fiscal year, USCIS has approved 6,102 I-829 petitions and denied 521 I-829 petitions, or about 7.8% denial rate.  This is not too bad for an 8 year period.