What Is The EB-5 Investment Visa?
The EB-5 visa program allows foreign nationals to gain permanent residency status in exchange for an investment in a new business in the United States. If a foreign national invests at least $1 million USD, that person and their immediate family will receive permanent residency.
Benefits Of An EB-5 Investor Visa
Allows you to live and work in the United States, which means easier access to professional networks, a broader market for goods and services, and lower costs. No annual cap. Once you have an EB-5 visa, your spouse and children can also apply for dependent visas. No permanent residency required. For as long as you continue to meet other eligibility requirements (e.g., pay taxes), you can remain in the U.S.
What Are The Requirements For The EB-5 Program?
As mentioned above, to qualify for EB-5 program you will need to invest $1 million in a business or $500,000 in a high unemployment area. Other criteria that are needed for being able to obtain permanent residency include: You must be able to prove that you have been living in U.S. legally and it is required that you have had two years of legal status when submitting your petition (Form I-526).
Where Do I Begin?
It’s not an easy process. Unlike a visitor visa, you’ll need to prove your ties to your home country and demonstrate that you are of high net worth, meaning that there’s money available for investment in real estate or business ventures. You will also need to show that you have a certain amount of liquid capital (money on hand) and can prove it by providing documentation of bank account deposits, stocks or similar investments, or through government bonds or pensions.
Filling Out The Application For A U.S. Green Card
There are two types of green cards: employment-based (EB) and family-based (FB). There are also a variety of employment-based green card categories. Two of them, EB-1 and EB-2, are highly sought after. This article will focus on one such category known as EB-2.
What Happens After My EB-5 Immigrant Petition Is Approved?
In most cases, when your EB-5 immigrant petition is approved by USCIS, you are given a two-year conditional green card. The two-year conditional period begins upon approval of your petition.
Living In America
If you want to live and work in America, it’s a little more complicated than just picking up and showing up. You have to get an investment visa, or one of several types of visas that allow you to live in America and bring your family with you. The investment visa is a special type of visa that allows people from around the world who invest in American businesses to get residency. Below are some important facts about living and working in America as an investor immigrant.
When Will I Be Able To Apply For Citizenship?
Many investors confuse Permanent Residency and Citizenship. They are two different things but are often confused, primarily because they both allow you to live in America, but citizenship confers many other rights. The main reason why people apply for a Green Card (Permanent Residency) is so that they can get US Citizenship when they meet all of its requirements.
