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What is the current time frame to obtain a permanent green card through the EB-5 program?

It is being said across the Internet that an investor can get an unconditional green card in about 5 years through EB-5. However, the current processing times shown by USCIS for non-China-born applicants are 52.5 months for I-526; 25.5 months for I-485; 21 months for the wait; and 57 months for I-829, totaling 13 years. If we calculate other possible delays due to political situations, pandemics, finding a regional center and service providers, preparing the forms, etc., then it might take almost 15 years to become a condition-free permanent resident. Is my calculation wrong? Is there a faster way to become an unconditional permanent resident of the United States through the EB-5 program? Is the intent of the program still the same as when it was created?

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    This is far too pessimistic. Newly filed cases should be about 2-3 years. I believe the new director. I think they will fix it. Covid and the prior Administration were serious issues but this Administration has got leadership and good people. Certain priority processing set aside will go even faster. Give them some time to get moving. We are getting approvals again finally.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    You are correct; the processing times are ridiculous. There are other avenues to a green card but would need to see what options you have - an employer sponsor is the easiest unless you are from India or China.