USCIS has announced a significant update to its Immigrant Investor Program policy, introducing a new “Inventory Management” model for processing Form I-526 and Form I-526E petitions. This change will take effect on March 30, 2023, and will implement a balanced First-In, First-Out (FIFO) approach that emphasizes statutory requirements rather than merely filing dates.
Key Details:
- Effective date: March 30, 2023
- New processing model: First-In, First-Out (FIFO)
- Prioritization: Project type and status of the I-956F application will influence petition processing
- Impact: Pending petitions will not be processed solely based on receipt dates
This new approach may affect the waiting times and processing order for many investors in the EB-5 program. Need help with your immigration case? Visit QuickFiling.us for professional immigration services.
Source: WR Immigration