The I-829 Petition by Entrepreneur to Remove Conditions is the last petition the EB-5 investor files to receive the permanent green card. The EB-5 investor's immigration lawyer may file the I-829 petition for the EB-5 investor, their spouse and each dependent any time 90 days before the end of their 2-year conditional residence period.
In the I-829 petition, the EB-5 investor must show that their EB-5 investment has been sustained throughout the 2-year conditional residence period and that the EB-5 project has created at least 10 full-time American jobs for each EB-5 investor.
Behring Regional Center provides the immigration attorney the I-829 package, including evidence on how the investment was sustained and used for job creation purposes. This is usually demonstrated with an updated economic impact study and construction expenditures.
Currently, USCIS is taking approximately 3 years to approve the I-829 petition. During this time, the EB-5 investor may use the I-829 receipt along with their conditional green card for a 24-month extension. Thereafter, the EB-5 investor may apply for I-551 Extension Stamps while waiting for I-829 approval.
Read more about the I-829 process.