U.S. Immigration Fund (USIF) is pleased to announce that United States Citizenship Immigration Services (USCIS) has now issued multiple I-829 approvals for its EB-5 project, 101 Murray.
Form I-829 is the permanent Green Card application, and once approved, conditions are removed from the investors’ two-year conditional Green Cards and permanent residency is granted qualifying them to apply for U.S. citizenship.
“We are pleased to receive an I-829 approval for another one of our EB-5 projects, 101 Murray” said Nicholas A. Mastroianni, III, President of U.S. Immigration Fund. He continued, “this I-829 approval provides our investors with another example of USIF’s track record. We work diligently with potential investors to ensure we are effectively choosing projects that align with investment goals, and we are excited that these investors are successfully completing their finals steps on their EB-5 journey to U.S. residency.”
The United States continues to consistently be a top choice for immigrant investors and the EB-5 program permits qualified immigrant investors who invest $800,000 in a rural or high unemployment area to receive U.S. permanent residency for themselves as well as spouses and unmarried children under the age of 21.
Developed by two of the City’s most successful and respected real estate developers, 101 Murray is a world class 63-story, 433,800 square-foot residential condominium tower. The building’s 129 units will rise to a height of 950 feet and its top-floor penthouses will offer 360-degree views of New York’s most coveted neighborhood, the Triangle Below Canal Street (TriBeCa) – downtown Manhattan. Due North of One World Trade Center, the project highlights the best aspects of New York City development: A team of leading developers, a world renowned architecture firm and projected sales and rental revenues that top the market.
U.S. Immigration Fund is America’s leading EB-5 Regional Center operator with world-renowned investment opportunities from New York to California and nearly 6,000 clients from across the globe. With approved Regional Centers located in the world’s most thriving cities, USIF provides exceptional opportunities for foreign investors and their families to obtain permanent US residency through the EB-5 program.