Form I-829 is the permanent Green Card application. Once approved, it removes conditions from the investors’ two-year conditional Green Cards, granting them permanent residency and qualifying them to apply for U.S. citizenship.

“We are delighted to have received the first I-829 approval for our 701 TSQ project,” 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 completing their final steps on their EB-5 journey to U.S. residency.”

The United States continues to be a top choice for immigrant investors consistently. 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 and spouses and unmarried children under the age of 21.

701 TSQ, located in the heart of New York City’s Times Square, is an extraordinary project in one of the world’s most iconic locations. Times Square attracts 300 million visitors and generates annual retail and entertainment sales revenue of over $4.8 billion. 701 TSQ is the first, and likely the last, new construction project in Times Square in 25 years. The project features a 452-room EDITION hotel designed by Ian Schraeger, 40,000 square feet of highly visible food, beverage, and entertainment space, 76,000 square feet of multi-floor retail, and a 12-foot high, 18,000 square foot interactive LED display.

About U.S. Immigration Fund (USIF)

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 U.S. residency through the EB-5 program.