EB-5 Form I-526 Filing Tips
This article discusses important EB-5 Form I-526 filing tips.
The EB-5 Regional Center Program has just been renewed, but only for two months! Foreign entrepreneurs are rushing to get their applications filed in order to hold their spots in line. These EB-5 Form I-526 filing tips can help make that process even easier.
First, knowing what you must show is crucial. You will need to show USCIS that:
- You’re going to invest in a new commercial enterprise
- Your funds for this investment came from lawful sources
- The investment will credit you with the creation of 10 jobs for qualified workers
Now you know exactly what you must prove, you can compile the documentation to back it up.
- New commercial enterprise documentation\
- Partnership agreements
- Articles of incorporation
- Business licenses
- Offering memorandum
- Subscription agreements
- Any other applicable documents
- Proof of investment documentation
- Bank account statements
- TEA status letter
- Security agreements
- Promissory notes
- Escrow documents
- Evidence of job creation documentation
- Business plan
- Economic models
EB-5 Form I-526 filing tips:Make sure you have the most up to date information on what the current filing fees are. The fee is currently $3,675.Provide documentation regarding the role or duties you will perform for the enterprise. This can be policy-maker, partner, corporate officer, or any number of other roles.Find an experienced EB-5 immigration attorney who can assist you with the compilation and filing of the Form I-526. An experienced EB-5 attorney can make certain that the information in the petition is correct. If it is not, then USCIS may either deny the application or they may delay it by sending a request for further evidence. Small mistakes, such as writing down the wrong date of the investment can cause major issues and delays.Other issues an EB-5 attorney can assist with: 1. Selecting the correct description of the new commercial enterprise.2. Entering the correct financial information from the new commercial enterprise.3. Adding a letter about the investor’s role despite the petition only stating that you should provide a brief description.For more information and tips, send us a message. [formidable id="11" title="1"]