While USCIS considers this decision, we will apply the EB-5 regulations that were in effect before the rule was finalized on Nov. 21, 2019, including: The required standard minimum investment amount of $1 million and the minimum investment amount for investment in a Targeted Employment Area (TEA) of $500,000;
EB-5 Immigrant Investor Program USCIS administers the EB-5 Program. Under this program, investors (and their spouses and unmarried children under 21) are eligible to apply for a Green Card (permanent residence) if they: Make the necessary investment in a commercial enterprise in the United States; and
Congress created the EB-5 Program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.
While USCIS considers this decision, we will apply the EB-5 regulations that were in effect before the rule was finalized on Nov. 21, 2019. Under the vacated rule published by the U.S. Department of Homeland Security, several changes to the EB-5 Immigrant Investor Program that went into effect Nov. 21, 2019 are no longer in effect.
EB-5 visa applicants are required to make an investment of $1,050,000, or $800,000 if the job creation occurs in a Targeted Employment Area (TEA), into a U.S. business venture. TEA designation applies to projects in either a rural area or in a high unemployment area.
EB-5 Regional Center Basics To become a USCIS-approved regional center, a business or organization must complete and submit Form I-924, Application for Regional Center Under the Immigrant Investor Pilot Program, and any necessary supporting documentation.
The standard minimum investment amount has increased to $1.8 million (from $1 million) to account for inflation. The minimum investment in a TEA has increased to $900,000 (from $500,000) to account for inflation.
Yes, you can invest in your own business. You can file an EB-5 petition after the fund is transferred to a U.S. enterprise. It is a good idea to partner with other people since you cannot be in the United States until your application is approved and you receive a visa.
Some regional centers have hold-back provisions such that 10-20% of investor EB-5 funding remain in escrow until all investors have been approved. Other regional centers provide a 'guarantee' that funds will be returned to investors in case of denial.
EB-5 projects are typically financed through Regional Centers, which can accept the investment from the green card-seeking investor. The U.S. government sets aside 10K green cards each year for foreign investors participating through designated Regional Centers.
Investors can get green cards if they put enough money into U.S. businesses. Foreign nationals who invest at least $1,000,000 into a new business or $500,000 into a business in one of the targeted employment areas can then apply for their green card.
Investors can obtain US citizenship, however, it is better to use a US passport when traveling abroad to maintain status. If a person wants to get another citizenship after the American one, he will lose his US passport. Details about the difference between second and dual citizenship.
No. You can't get a green card simply by buying a house in the U.S. In fact, owning real estate doesn't ordinarily give you any visa or other immigration benefits.
six monthsThe government usually issues a permanent green card around 6 months after the I-829 has been submitted. The EB-5 Visa is also fast! The average processing time for the EB-5 Visa is six months, and the initial application and petition are usually approved within 60 days from the date of filing.
Requirements for an investor Green CardInvest $1.8 million (respectively $900,000 in targeted employment areas)Present a business plan that explains how the US economy will benefit from your investment.Create or preserve at least ten full-time jobs for American workers.More items...
10,000 visasApproximately 10,000 visas annually, 7.1% of all employment-based visas, are allotted to immigrant investors and their family members. The majority (80% in FY2019) of EB- 5 visas are issued to investors from Asia, with 46% issued to Chinese-origin investors in FY2019.