We are pleased to report that on Tuesday, June 27, 2023, we received our I-956F Approval Notice for the Manhattan 11th Ave Marriott Tribute Portfolio Hotel Project. Our I-956F filing package arrived at the USCIS office on July 19, 2022 and was approved on June 15, 2023.
It took only 10.9 months for USCIS to adjudicate this application. While we did not rush to be the first to file our I-956F, we are the first regional center to receive I-956F approval for a High Unemployment Area Project!
Before the passage of the new EB-5 legislation, we similarly received a straight project approval in record speed of 8.9 months. That I-924 exemplar approval was received in 2018. The I-526 petitions that followed had an average adjudication time of 7.9 months, with the fastest I-526 approval in 4.6 months.
We are very happy to set another record in the EB-5 industry. We set high standards for ourselves and are meticulous in our document preparation process, always trying our best to ensure that all statements are accurate and fully supported. We believe our detail to attention and the quality of our projects have been instrumental in us setting another record that we can be proud of.
We are very grateful to our wonderful team and to our many investors and supporters! We will continue to set high standards for ourselves, promote transparency and integrity in the EB-5 industry, and deliver quality projects to our investors to help them achieve their immigration and investment goals.