Are you looking for a green card through the EB-5 visa program? This article is about what you need to know about the EB-5 visa. It will answer most of your questions; it’s easy to understand and provides an overview of how the program functions.
What is the EB-5 Visa program?
The EB5 visa program is a way for foreign investors to obtain a green card in the U.S. It’s an investment-based immigration program that allows foreign nationals to receive permanent residence if they invest at least $500,000 into certain types of businesses in the U.S. The investor must also create 10 or more full-time jobs for qualifying employees during the two years following their conditional approval for permanent residence.
Benefits of applying for EB-5 Visa?
If you are interested in immigrating to the United States, you may qualify for an EB-5 visa. This special visa category is available only to foreign investors who want to invest at least $1 million in a business in the United States. The EB-5 visa is only available for ten years and can be renewed once every two years.
The EB-5 visa is beneficial because it allows you to obtain permanent residency in the United States. The EB5 program was created by Congress in 1990 and currently has more than 30,000 individuals registered with USCIS.
In order to qualify for an EB5 Visa, you must have invested or will invest at least $500,000 into a commercial enterprise that generates at least 10 jobs within five years of receiving your investment visa. You must also create or preserve 10 or more jobs for U.S.-based workers as part of your investment project. After completing these requirements and living legally in the U.S., you may apply for permanent residency through Green Cards by submitting your fingerprints and supporting documentation during an interview with an immigration officer from USCIS officers stationed overseas at U.S. Consulates abroad (including San Francisco Consulate).
However, the process of applying for EB-5 Visa is lengthy and complex. We recommend that applicants consult with experienced immigration attorneys who can guide them through the process and ensure their applications are submitted correctly. These experts will be able to advise applicants on the best course of action for their specific circumstances. For example, some investors may qualify for EB-5 Visas without investing $1 million or more in a U.S.-based business but will still need to go through the lengthy application process outlined above.