No. Conditional residence follows the applicable immigrant admission or adjustment approval. A business milestone is not an immigration status event.
Maintain parallel commercial and immigration records
Track the evidence required at the actual filing stage without converting an expansion date into the I-829 anniversary. Reaching a target does not guarantee petition approval, visa availability or removal of conditions.
Keep the conditional-residence and I-829 calendar separate from the project’s fundraising schedule. The Visa Bulletin determines when residence can be granted after approval, and the family enters conditional residence together. The usual I-829 filing window is the 90 days before the second anniversary of obtaining conditional permanent residence, not a date measured from portfolio redemption. Failure to file in that window terminates the conditional residence automatically, though a late filing may be accepted for good cause. On the jobs, the regulation and USCIS policy allow removal of conditions where the ten positions were not all created by the filing date but can be expected within a reasonable time, and USCIS reads that against the business plan and the progress made. Preserve management or policy-formulation rights and the record needed during two-year conditional residence to file Form I-829 in the 90-day period immediately preceding the second anniversary. Conditional residence lasts two years, after which the investor petitions to remove conditions by proving the investment was sustained and the jobs were created.