Investor’s visa EB-5 employment based green card category.
What is an EB-5 category?
The EB-5 category is for people that invest in the U.S. and their contribution to the U.S. economy allows them to obtain a green card. The investment amount can be either $900,000 or $1,800,000 in a commercial enterprise in the U.S. The investor must also plan to create and preserve 10 permanent full-time jobs for U.S. workers.
Why there are two investment amounts?
You can choose between a $900,000 investment in a “Regional Center” or a $1.8 million USD investment of your choice.
If you are an investor, you can qualify for a U.S. Permanent Residence through the EB-5 Immigrant Investor Program. To do so, you must invest in a commercial enterprise in the U.S. and create economic movement through ten permanent full-time jobs.
What is a Regional Center?
Regional Centers are legal entities, approved by USCIS (United States Citizenship and Immigration Services) to allow foreign investors to qualify for a permanent residence. Regional Centers focus on areas in the U.S. where they seek to promote economic growth through new jobs, economic activity, export sales, and development
Therefore, investment through a Regional Center allows you to qualify for an EB Green Card without the constraints of having to set up and operate a U.S. business. This option also allows you to live or work anywhere in the United States or retire.
What is the EB-5 Application Process?
The application process begins with our attorneys helping our clients choose a Regional Center. Once the investment money is secured, our office prepares a Form I-526 petition, along with the preparation of all the supporting evidence that accompanies the application and submits it to USCIS. It is crucial for the Form I-526 petition approval that the investment funds were legally obtained. The Regional Center is responsible for providing all relevant information regarding the Investment Project to you and the immigration attorneys.
What is the current processing times?
The adjudication of the Form I-526 petition by USCIS currently takes approximately 12-18 months. The time varies depending on the number of pending applications with USCIS.
Do I get a 2-year conditional permanent residence?
Yes, once the Form I-526 is approved, investors can adjust their status to permanent residents if the investor is living in the United States. if the investor is living abroad, can obtain the green card approval through the U.S. consulate/Embassy. At the end of one of these two processes, the foreign investor obtains a 2-year conditional permanent residence card.
How do I remove the conditions of the green card?
During the final 90 days of the 2-year conditional residence, the investor must file Form I-829, Petition by Entrepreneur to Remove Conditions. Our attorneys will present proof that you, the investor complied with the legal requirements. Additionally, that your business or the Regional Center created at least ten jobs as required. The petition process is currently taking approximately 18 months for adjudication.
Do I have to do due diligence?
Yes. Our office encourages investors to conduct their own due diligence of the investment project prior to making an investment. Investors should understand in great detail how the Regional Center of their choice works. We assist our clients during the entire process to ensure that the investment is managed with the least risk possible.
Where I can get investment options?
Call Terra Immigration-Immigration Attorneys to obtain information on investment opporunities in Florida, USA
If you have any questions about the EB immigrant category, call us today to schedule an initial consultation at (407) 818-1244 or send us a message here
Terra Immigration can help.