EB-5 Investors and Stakeholders were especially anxious to hear of any changes in processing time for
With its processing time unchanged for the past three months for I-526 petitions, USCIS shows that it is currently processing I-526s received on or before March 16, 2012 – resulting in a whopping wait time of 19 months for several EB-5 investors.
Although this is the standard approval period for investors in several projects, the legal team at Florida Restaurant Franchise Group has noticed that its investors receive approvals in shorter periods – sometimes in as little as 4 months. The legal team attributes the faster approvals in part to the fact that FRFG projects have a simpler structure, as well as an easily identifiable demand in the immediate region where its restaurant projects will be located. Finally, Florida Restaurant Franchise Group projects create jobs from day one of operations, avoiding concerns related to one of the key metrics evaluated by USCIS – job creation.
To learn more about Florida Restaurant Franchise Group projects, contact us today.