How can I obtain an EB-5 Visa as a foreign investor?
To obtain an EB-5 visa, also known as an investor visa, you must follow the steps outlined by the United States Citizenship and Immigration Services (USCIS). Here is an overview of the process:
Qualify as an Investor: You must have a minimum of $1,800,000 or $900,000 in a high unemployment area to invest in a new commercial enterprise or Regional Center approved by USCIS. You must also demonstrate that the investment funds were obtained lawfully.
File Form I-526: You will need to file Form I-526, also known as the Immigrant Petition by Alien Entrepreneur, with the USCIS. This form will require you to provide evidence of your investment and that the investment will create at least 10 full-time jobs for U.S. workers.
Conditional Approval: If your petition is approved, you will receive a conditional approval and be allowed to enter the U.S. on a two-year conditional visa.
Invest and Create Jobs: Within 180 days of receiving your conditional visa, you must invest the required capital and create at least 10 full-time jobs for U.S. workers.
File Form I-829: After two years of being on a conditional visa, you must file Form I-829, also known as the Petition by Entrepreneur to Remove Conditions, to remove the conditions and receive permanent residency.
Conditional Removal Approval: If your petition is approved, the conditions on your visa will be removed, and you will be granted permanent residency in the U.S.
Note: The process can vary based on individual circumstances and regional center involvement, so it’s best to consult with an immigration attorney for personalized guidance.