How Much Time Is Taken To Get An EB-5 Visa?
EB-5 Immigrant Investor Visa
An EB-5 Immigrant Investor Visa ("EB-5 Visa") could be ideal for you if you want a green card. And wants to found or own a business in the United States. In general, the EB-5 Visa needs either a $1,800,000 or $900,000 investment. However, the smaller, $900,000 investment is permissible in rural or high-unemployment areas known as "targeted employment areas," or "TEA.” In exchange, the investor receives a green card from the US government. Every year, the government issues 10,000 of these green cards. Also, the number of applications has always been below the quota.
The rapidity with which you can obtain a green card is a major benefit of this Visa. The disadvantage is that it is a very complicated legal subject. The Visa petition necessitates a lot of paperwork. Furthermore, the EB-5 Visa necessitates a significant financial investment.
The eligibility criteria to get an EB-5 Visa have 5 main points. You can follow these points to get the EB-5 Visa Sponsorship:
● You must invest or be actively
considering investing either $1,800,000 or $900,000 (the smaller amount of
$900,000 is allowed in rural areas).
● You must demonstrate that the
money is legitimate.
● The entire investment must be
active, or it will be at risk (this means that you cannot just be thinking
about buying a business, and you have to put up capital that in the future
could be lost).
● You must invest in a
"new" or "existing business venture" (this permits you to
start your firm or buy one).
● You must show that the investment leads to the creation or preservation of ten full-time jobs, either directly or indirectly.
Process of Application
To obtain a green card through the EB-5 Investor Visa Services, investors must complete several requirements. The process is lengthy, but if you have the financial support, you can easily avail this option. However, your family will likely obtain green cards and eventually become citizens of the United States. Below are the six steps to get the EB-5 Visa:
1. Find the appropriate Investment or Project
2. Make a capital investment and your attorney files an
I-526 Petition
3. You can request information
4. Apply for a Conditional Green Card
5. Apply for an I-829
6. Removal of conditions on Green Card
Additionally, you can keep a green card permanently.
This is only when you acquire or meet certain residency conditions.
We at Embark Management Consultants believe everyone should have the chance to start something fresh in their lives with clarity and confidence.
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