The EB5 investor visa program was created by the U.S. government to encourage foreign investors to invest in the country’s economy and create jobs. The program is popular among investors worldwide as it allows them and their families to obtain permanent residency in the United States.
The EB5 investor visa program requires an investment of at least $900,000 in a new commercial enterprise or at least $1.8 million in a troubled business in the United States. The investment must also create or preserve at least ten full-time jobs for U.S. workers within two years of the investor’s admission into the United States.
If you’re interested in obtaining an EB5 investor visa, here are the steps you need to follow:
Conduct thorough research on EB5 requirements
The first step in the EB5 visa application process is to understand the program’s requirements thoroughly. You can visit the USCIS website to learn more about the EB5 investor visa program.
Identify a qualified EB5 project
To qualify for the EB5 investor visa program, you must invest in a new commercial enterprise or a troubled business in the United States that has been approved by the USCIS. Conduct your due diligence and look for an investment project that meets your investment goals and financial resources.
Make your investment
Once you have identified a qualified EB5 project, you need to make your investment. The investment can be in the form of cash, equipment, inventory, property, or other tangible assets.
File your I-526 petition
After making your investment, you need to file an I-526 petition with the USCIS. The I-526 petition is used to demonstrate that the investment meets the requirements of the EB5 program and that the investor’s funds are from a lawful source.
Attend an interview and receive conditional permanent residency
Once your I-526 petition has been approved, you will be scheduled for an interview with the USCIS. If the interview goes well, you will receive conditional permanent residency in the United States for two years.
File your I-829 petition
To remove the conditions on your permanent residency status, you must file an I-829 petition with the USCIS within the 90-day period before your conditional permanent residency expires. The I-829 petition is used to demonstrate that the investment has created or preserved at least ten full-time jobs for U.S. workers.
In conclusion, obtaining an EB5 investor visa in the USA can be a complicated process, but it can lead to a significant investment opportunity in the country’s economy. By following the steps outlined above and working with qualified professionals, you can successfully obtain an EB5 investor visa and become a permanent resident of the United States.