Where can I find a list of government approved projects?
Unfortunately, there is not comprehensive list of government approved projects available either online or elsewhere. This is why it is important to work with a company that has access to the horizon of projects currently running and those also coming up in the near future which will be open to investors. The reason for this, is because according to SEC regulations, these projects cannot be marketed on U.S. soil or to U.S. investors. They must be available only to non-U.S. persons. Therefore they cannot be published online.
However, there is a list of approved regional centers available online at:
What is a regional center?
A regional center is an administrative body/group that has been given the authorization by the U.S. government (USCIS – United States Citizenship and Immigration Services) to host such development projects which are taking on EB-5 investors. Their approval process with the government has generally taken about 18 months or more, and they are responsible for annual reporting to the government on all such projects. If a regional center associated with your investment project is not listed here, this may be a problem and should be questioned further.
It appears that some project may take 2 years or more to complete. Does my two years conditional status start after the project is complete and ready to operate or from the day I make the payment of the investment?
Your two year conditional period starts on the day you receive and activate your green card, not when the project is complete. In fact, the timeline of the project construction and of your green card and application project (although running simultaneously) are separate and apart from each other for various reasons. For example, we do not have to wait until construction starts in order to submit your I-526 green card application, and in order for you to be approved for the green card because this application is based on the projections of the project and not what actually occurs. Also, the reason most projects take two or more years to complete, is because the government mandates that in order for construction jobs to be included in job creation counts, the jobs must be sustained for two or more years.