Alex What happens if you get an EB-5 visa?
To deter any kind of fraud, the EB-5 Visa applicant, their spouse and their children are given a conditional green card status for a two year of probation period. The applicant has to file a petition to remove the conditional green card status during the last 90 days of the 2 year term.
What’s the new rule for the EB 5 program?
The new rule modernizes the EB-5 program by: Clarifying USCIS procedures for the removal of conditions on permanent residence; and Making other technical and conforming revisions. Certain immigrant investors will keep the priority date of a previously approved EB-5 petition when they file a new petition.
Who is eligible for the EB-5 Immigrant Investor Program?
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
What makes an immigrant eligible for a green card?
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 Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.
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
The new rule modernizes the EB-5 program by: Clarifying USCIS procedures for the removal of conditions on permanent residence; and Making other technical and conforming revisions. Certain immigrant investors will keep the priority date of a previously approved EB-5 petition when they file a new petition.
What do you need to know about the EB 5 visa?
Make the necessary investment in a commercial enterprise in the United States; and Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers. This program is known as EB-5 for the name of the employment-based fifth preference visa that participants receive.
Why are EB 5 investments not the same as General Investments?
EB-5 investments don’t offer the same ROI as general investments because there is added cost to projects to structure an EB-5 investment, and there is less certainty of when the capital will be able to be used by the project. Therefore, to make EB-5 money more appealing to a project, it will have to offer lower than traditional ROI to investors.