Should I withdraw a risky I-829 application and pursue a green card with I-130?

Likely file I-485 and leave I-829 pending. Consult your immigration attorney to determine if I-829 should be withdrawn.

You have to be careful with timing. File the I-130 and get it approved and then just before your new final interview at the consulate, complete your I-407 green card surrender. But also caution if you have been a resident for eight of the past 15 years, this may trigger an exit tax when you surrender.

You may, based upon a bona fide marriage and your approved I-130 petition, file an application for adjustment of status on Form I-485. Or you could wait for a final decision on your Form I-829. If it appears that the other investors in the same projects all had their I-829 petitions denied for the same reason that would apply to you, you could preemptively go ahead and file for adjustment of status on Form I-485 after you have withdrawn your I-829 petition.

You could file an I-485 now based on the approved I-130 petition if you are in the U.S. You have the option of withdrawing the I-829 application in this situation. Alternatively, you could wait for the decision on the I-829 application. One can have several permanent residence cases pending at the same time.

File you I-485 immediately.

You can proceed with your I-485 even though the I-829 is pending. There is no need to wait until a decision is made on I-829 particularly based on the facts that the related project and the I-829 applications of other investors might be in trouble. Should either of the application be approved, the USCIS will deny the other one.

The most logical course of action for you is to work with your immigration attorney to force a decision on your pending I-829 application. Until a decision is made on your I-829, you can extend your two-year conditional green card through I-551 stamps. This will allow you to work and travel and not become out of status. If your I-829 is approved, then you will obtain your permanent resident status for 10 years, and you will be done. If your I-829 is rejected, then you always have the option to surrender your current investor based conditional green card and pursue a new marriage-based conditional residency.

Based on the facts presented, it seems you should file I-485. It is probably wise to hold off on withdrawing the I-829 until you get EAD/AP.

I would file the I-485 and keep I-829 pending. You can always abandon your green card at the marriage interview.

I would advise that you file the I-130. Don not withdraw the EB-5 case until there ready to give you a green card based on marriage.

Probably file the I-485. After USCIS accepts the I-485 then give up the conditional card. Keep in mind once you give up your green card, you are not eligible to work until you get a permit in 6 to 8 months.