More than 60 I-829 Petitions were approved by USCIS over the past month. I-829 approvals have been granted to investors in four different CanAm EB-5 projects
CanAm Enterprises, LLC (“CanAm”) is thrilled to announce that more than 60 I-829 Petitions were approved by USCIS over the past month! I-829 approvals have been granted to investors in four different CanAm EB-5 projects -- the Sony and Time Warner projects in Los Angeles, the Kimpton Lafayette Hotel project in Philadelphia, and the Valley Forge Convention Center project in CanAm’s regional center in partnership with the Commonwealth of Pennsylvania.
The I-829 petition is the final step of the EB-5 visa process for immigrant investors to become lawful permanent residents of the United States. The I-829 petition includes evidence that the immigrant investor successfully met all United States Citizenship and Immigration Services (USCIS) requirements of the EB-5 program, specifically that the investment was made and the required jobs were, in fact, created. Once the I-829 is approved, the investor’s conditional residency restriction is lifted, allowing the investor, their spouse, and unmarried children under the age of 21 to live in the United States permanently. As a result, the approval of the I-829 petition is a marker, indicating the true success of an EB-5 investment.
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