EB5 Investment Immigration US Program: The US EB-5 visa is the shortest route to permanent residence (Green Card). Read this guide to learn how to obtain a green card through the EB5 Investment Immigration US program. The EB-5 Investment Immigration US program is the most effective way to obtain permanent residence (green card) in the United States.
Several people dream of living in the USA. However, foreigners cannot live in this luxurious country without a visa or other legal pathway. Though, there are several gateways to enter into and live in this country, the EB-5 immigrant program is among the most appropriate immigrant gateway to this country.
The EB-5 Investment Immigration US program is the most effective method to get permanent residence (green card) status in the USA. We are giving you information about the necessary qualifications to apply for the immigration program in America. Furthermore, we will explore the path to getting a US green card via EB-5 visa.
Benefits of EB-5 Investment Immigration US program
The EB visa or employment-based, 5th preference visa, is an Investment Immigration US program that lets foreign investors obtain permanent residency in the US in return for job creation. The following is the list of the top benefits of obtaining an EB-5 visa:
- Chance to obtain the US citizenship
- Opening bank accounts in the US banks
- Getting a driver’s license
- Access to healthcare and education facilities
- Freedom from having sponsors
- Ability to include your spouse and children under 21 years old and non-married.
Requirements for EB-5 Investment Immigration US program
The EB-5 Investment Immigration US program needs a foreign person to invest in a new commercial enterprise associated with government-approved regional centers based on the proposal for boosting economic growth. The following are two investment options for the US EB-5 visa or Investment Immigration US program:
- USD 1,050,000 into a non-targeted employment area project
- USD 800,000 into a targeted employment area project in a rural or an area with high unemployment.
Investing is not enough to obtain an EB-5 visa through investment. You must develop or preserve at least ten full-time jobs for qualified US workers. After the successful applicant has obtained a green card, the funds must be invested for three to seven years depending on the projects.
Process of obtaining an EB-5 Visa and Green Card
The EB-5 application process is a structured path that needs meticulous documentation and adherence to the USCIS protocol. Let us break down the steps to this structured path:
1.Locate an EB-5 project
Initially, the EB-5 applicant must find a reliable business project to invest in. Generally, EB-5 business projects are either new regional centers or commercial projects. Overseas migration agents often assist EB-5 investors locate the project that best suits their needs. Also, applicants must meet accredited investor requirements to move forward with the EB-5 process.
2. Fulfill investment requirements
After selecting the relevant project to invest in, the applicant must make the needed capital investment amount in the project. This step is essential for applying for an EB-5 visa. These investments are often created into an escrow account.
3. Apply for EB-5 Visa
The investor files an I-526E petition (EB-5 visa application). This step is accompanied by US immigration lawyer who checks all documents and helps to fill out the form. Typically, in this step, documents are submitted to the US consulate in the country of citizenship or another nearby state.
4. Obtain a conditional green card
Once the USCIS approves the petition, the investor must travel to the US and file an I-485 for a conditional green card. The USCIS, after that, schedules a biometrics date and occasionally interviews the candidate. Remember, the petition process is within six months. In addition, this green card is also valid for two years.
5. Get Green Card
The last step is for the applicant to become an unconditional permanent resident by removing their two-year conditional status. Before 90 days second anniversary of receiving a conditional green card, you must submit an I-829 petition. USCIS will often approve the petition in 22 to 45 months.
Conclusion of EB-5 investment immigration US program
The EB-5 investment immigration US program is an excellent opportunity for investors looking to relocate themselve to the US. This visa program is a pathway to a US green card. With the help of a US visa lawyer, you can obtain this visa and green card.
Frequently Asked Questions
Q. What is a EB-5 immigration investment US project?
Ans. Administered by USCIS, the EB-5 program lets qualified investors who meet certain capital investment and job creation requirements obtain their permanent residency and be proud contributors to the US economy.
Q. How much do you require to invest in an EB-5 visa?
Ans. To qualify for the US EB-5 program, you must make a minimum investment of a minimum of $900,000 in an approved commercial enterprise.
Q. Is India eligible for an EB5 visa?
Ans. Indeed, Indians can apply for EB5 visas.
Q. Is the EB5 visa risky?
Ans. Yes, there are some risks, including losing invested capital, in an EB5 visa.
Q. Can I get a green card with EB-5?
Ans. As an EB-5 investor, you will get a 2-year conditional green card.
