fbpx U.S. Immigration Fund Celebrates First I-829 Approval for 125 Greenwich

U.S. Immigration Fund Celebrates First I-829 Approval for 125 Greenwich

April 30, 2023 / Hursh

JUPITER, FL – April 30, 2023 – The U.S. Immigration Fund (USIF) proudly announces that the United States Citizenship and Immigration Services (USCIS) issued the first I-829 approval for its EB-5 project, 125 Greenwich, on April 20, 2023.

Form I-829 is the permanent Green Card application. Once USCIS approves it, they remove conditions from the investors’ two-year conditional Green Cards, granting permanent residency and eligibility for U.S. citizenship.

“We are thrilled to receive the first I-829 approval for our 125 Greenwich project,” said Nicholas A. Mastroianni, III, President of U.S. Immigration Fund. He added, “This I-829 approval underscores our commitment to delivering high-quality projects that align with our investors’ goals. It’s exciting to see these investors reach this crucial milestone on their journey to U.S. residency.”

The United States remains a top destination for immigrant investors. The EB-5 program allows qualified immigrant investors who invest $800,000 in a rural or high unemployment area to receive U.S. permanent residency for themselves, their spouses, and their unmarried children under the age of 21.

Once complete, 125 Greenwich will emerge as a striking, modern monolith in the Manhattan skyline. The tower represents the pinnacle of cosmopolitan living within a fully revitalized district of Manhattan, attracting some of the city’s wealthiest residents. The project will feature 460,000 square feet of vertical mixed-use retail and luxury residential, rising nearly 1,000 feet into the skyline.

About U.S. Immigration Fund (USIF)

U.S. Immigration Fund is America’s leading EB-5 Regional Center operator, offering world-renowned investment opportunities from New York to California and serving nearly 6,000 clients globally. With approved Regional Centers in some of the world’s most dynamic cities, USIF offers exceptional opportunities for foreign investors and their families to obtain permanent U.S. residency through the EB-5 program.

For more information about 125 Greenwich and the EB-5 program, please visit www.usifund.com.

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