Here’s an easy to follow breakdown of the EB-5 Investor Program process.
First, to decide if the EB-5 Program is right for you, consult with an experienced EB-5 immigration attorney. An EB-5 attorney can help you determine if the EB-5 Program is the right choice for you, whether you’re meet the program requirements, and if the Regional Center Program or the Direct Program is a better fit for you.
Second, invest $500,000 through the Regional Center or into the new commercial enterprise. This capital can come from a variety of sources including job earnings, sale of assets, gifts, or inheritance. The investment project must be located in a targeted employment area (TEA) in order to qualify for the reduced investment amount of $500,000.
Third, you’ll work with your attorney to fill out the I-526 Petition and your attorney will file it.Fourth, if your I-526 Petition is approved, then you can adjust your status if you’re already residing in the U.S. or you may have to go through the consular process in your home country.RELATED READING:https://www.eb5daily.com/eb5-green-card-benefits/Fifth, after adjusting your status or going through the consular process, you can attain conditional permanent residency (also known as conditional green card) in the U.S. EB-5 investor’s spouses and unmarried children under the age of 21 years can all qualify under the EB-5 investor’s application.Sixth, EB-5 investors have two years to fulfill the EB-5 Program requirements and submit the I-829 Petition to remove the conditions on their green cards. The requirements include showing proof that their investment was sustained throughout the two years in the project and that the requisite number of jobs were created.Seventh, if the EB-5 investors Form I-829 was approved, they can receive U.S. permanent residency status (also known as green card status).Additionally, EB-5 investors and their family members may qualify for U.S. citizenship 5 years after they received EB-5 conditional permanent residence.For more information about the EB-5 Investor Program process, send us a message. [formidable id="11" title="1"]