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PROGRAM OVERVIEW
I USA EB5 VISA LAW
The United States offers the EB-5 Immigrant Investor Program, which allows foreign nationals to obtain permanent residency (Green Card) by investing in a U.S. business that creates jobs for American workers. To qualify, applicants must invest a minimum of $1 million, or $500,000 in targeted employment areas (TEAs), which are rural or high-unemployment regions. The investment must create at least 10 full-time jobs for U.S. workers within two years. The EB- 5 visa leads to permanent residency and can eventually lead to U.S. citizenship after five years of residency. Applicants may also include their spouse and children under 21 in the application.
INVESTMENT TYPE & COST
All EB-5 investors must invest in a new commercial enterprise established after Nov. 29, 1990, or on or before that date, which was either purchased and restructured or expanded through the investment, resulting in a 40% increase in net worth or employees. A new commercial enterprise refers to any for-profit activity, including sole proprietorship, partnership, holding company, joint venture, corporation, business trust, limited liability company, or other entities, publicly or privately owned, engaged in lawful business.
APPLICATION PROCESS AND TIMELINE
Preparation and Consultation
- Initial Consultation: The applicant contacts I VISA SERVICES for an initial
consultation to discuss their eligibility and goals for obtaining the USA Golden Visa.
- Documentation Collection: Applicant gathers required documents, such as proof of
funds, background checks, and other required paperwork.
- Investment Decision: The applicant decides on the appropriate investment option,
which typically includes investing a minimum of $900,000 in a Targeted Employment
Area (TEA) or $1.8 million in a non-TEA project.
Application Submission and Investment Decision
- Submission of Application: With the assistance of the I VISA SERVICES, the
applicant submits their USA Golden Visa application along with aa required
documentation to the United States Citizenship and Immigration Services (USCIS).
- Biometrics Appointment: The applicant attends a biometrics appointment at their
nearest USCIS application support center.
- Investment Processing: Simultaneously, I VISA SERVICES ensures that the
applicant’s investment funds are transferred to the designated project or enterprise in
compliance with EB-5 program requirements.
Application Review and Biometrics
- Application Review: USCIS begins reviewing the applicant's EB-5 petition and
conducting due diligence on the investment project.
- Updates and Communication: I VISA SERVICES keeps the applicant informed about
the progress of their application and any additional requirements or inquiries from
USCIS
Conditional Approval and Residency
- Conditional Approval: If the applicant's EB-5 petition is approved, they receive
conditional approval for their USA Golden Visa.
- Conditional Residency: The applicant and their family members (if applicable) are
granted conditional residency status in the United States.
- I VISA SERVICES Assistance: I VISA SERVICES continues to provide support to the
applicant during the conditional residency period, offering assistance with any
relocation or settlement needs.
Conditional Residency Period
- Conditional Residency Period: The applicant and their family reside in the United
States under conditional residency status, during which they must fulfill certain
requirements, such as maintaining their investment and meeting residency obligations.
- I VISA SERVICES Support: I VISA SERVICES offers ongoing support and guidance
to the applicant throughout the conditional residency period, ensuring compliance with
EB-5 program requirements and facilitating any necessary adjustments or renewals.
Removal of Conditions and Permanent Residency
- Removal of Conditions: The applicant applies to have the conditions removed from
their USA Golden Visa, demonstrating that they have fulfilled all requirements,
including sustaining the investment and meeting residency obligations.
- Permanent Residency: Upon approval of the removal of conditions, the applicant and
their family members (if applicable) are granted permanent residency in the United
States.
- I VISA SERVICES Continuing Assistance: I VISA SERVICES continues to provide
support to the applicant even after obtaining permanent residency, offering services
such as citizenship planning and integration assistance
elegibility requirments
REQUIRED DOCUMENTS
╸ Proof of Funds
- Proof of source of funds and assets.
╸ Personal Identification Documents
- Two passport-style photographs.
- Copy of your government-issued identity document with photograph.
- Copy of your birth certificate.
- Copy of your passport page with nonimmigrant visa (if applicable).
- Copy of your passport page with admission or parole stamp (issued by a U.S. immigration officer) (if applicable).
╸ Police Clearance
- Certified police and court records of criminal charges, arrests, or convictions (if applicable).
FAQ
╸ What is the EB-5 Visa in the USA?
Congress created the EB-5 Immigrant Investor Program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. EB-5 is the name of the employment-based fifth preference visa that participants receive.
╸What are the requirements for obtaining the EB-5 Visa?
Investors must either make the necessary investment in a commercial enterprise in the US and create 10 permanent full-time jobs for US workers.
╸ What are the advantages of acquiring the EB-5 Visa?
The EB-5 Visa is the most efficient and quickest path for investors to acquire the USA permanent residence permit or also known as Green Card. Green Card holders are allowed to live, work, and study anywhere in the US. The EB-5 falls under employment-based immigration which can lead to naturalization after 5 years.
╸ Does the US allow dual citizenship?
Yes, the US allows dual citizenship.
╸ Can the EB-5 visa be obtained without visiting the US?
If you are applying outside of the US, you must first apply for an immigrant visa. You will receive your Green Card in the mail after you arrive in the US and pay the appropriate fees.
╸ Can I include my family members in my EB-5 application?
Yes, you can include your spouse and children under the age of 21 in your application.
╸ How long does it take to obtain the EB-5 Visa?
The procedure normally takes 12 to 36 months, but it might take longer if background checks, or other criteria are delayed.
╸ How long is the EB-5 Visa valid?
Once the EB-5 application is approved, you are granted a 2-year conditional permanent residency. A petition to remove the conditions on permanent residency status must be filed 90 days before the conditional residency expires to continue the residency.