EB5 Investors Magazine "Top 25 Awards Edition" Volume 8 Issue 1 | Page 92

What is a mandamus lawsuit and how can it help EB-5 investors? A successful mandamus suit can bring about the adjudication of EB-5 petitions that have been delayed. However, there's no evidence that lawsuits change the ultimate outcome of the filing. By Matthew Galati I t should not have to be like this. Regional Centers and EB-5 investors are charged the highest fees amongst all participants in the U.S. immigration system. Thanks to the poorly thought out “EB-5 Modernization Rule,” new participants to the program are at a historic low compared to recent years. Yet, processing times remain unconscionable, currently pegged at the time of this writing (late March 2021) as follows: 92 EB5 INVESTORS MAGAZINE Form Late March 2021 processing time range I-526 (non-China) 29.5-50 months I-829 37-248 months I-924 35-38 months