We are delighted to share the wonderful news that the USCIS has granted approval for the I-956F application pertaining to the Group 13 38th Ave/Thomson Project. This milestone signifies that USCIS has approved that Group 13 project meets the requirements of the EB-5 Reform and Integrity Act of 2022 (EB-5 RIA), and the agency will begin to review and approve the investors’ I-526E petitions.
Group 13 38th Ave/Thomson
Group 13 consists of 2 real estate projects located in prime locations of Long Island City (Queens, NYC): 38th Ave and Thomson. The 38th Ave project is a 7-stories mixed-use building consists of 7706 sqft of commercial space, 27 parking spaces and 50 apartments throughout the building. The Thomson project is a 9-stories mixed-use building consisting of 6778 sqft retail space and 34 rental units.
Construction Progress
The Thomson project has been completed and leased out last year (2022). The 38th Ave project is under construction, was topped off on November 16th, 2023.
Group 13 Investors Have Received EAD Cards & Advance Paroles
Many ARCFE investors (including Group 13 38th Ave/Thomson Project) and their families who filed concurrently has successfully received their EAD cards and Advance Parole documents. EB-5 concurrent filing is a process within the EB-5 investment immigration program that allows investors and their dependents to simultaneously submit their Form I-526E (“Immigrant Petition by Regional Center Investor”) and Form I-485 application along with Form I-765 and Form I-131. This streamlined approached enables investors and their dependents to legally live, study, work in the U.S., and re-enter the U.S. without having to apply for additional visas, while waiting for their I-526E petition to be approved. Concurrent filing provides a more efficient route towards obtaining a green card in the U.S.
New York Office
28-07 Jackson Ave, LIC, NY 11101
212-889-5333
info@arcfe.com