EB-5 Green Card Fundamentals
What is EB-5 Green Card?
EB-5 green card is an immigrant visa category that allows you to live and work in the U.S. without any limitation.
In order to apply for EB-5 visa you need to meet the following requirements:
- Invest into a commercial enterprise that is any company for profit (solo practice, partnership, LLC, S-corp, C-corp, etc.)
- You must invest at least $1M if it’s a direct investment or $500K if you invest into a Regional Center or troubled areas of business, or you invest $500K if you invest into a rural area with high unemployment rate (TEA);
- Create a comprehensive and strong business plan;
- Proof that you are developing the business; Letters of intent, Loan documents, Engagement Letters, Pictures, Construction development, include documentary evidence;
- Securities Offering Docs; Private Placement Memorandum,
- Hire Economist for investment into a Targeted Employment Area (TEA);
- Proof of a valid investment obtained by lawful means; (inheritance, loan, gift, legal transactions, investments, etc)
- File I-526 Form via Consular processing in your home country, or by change of status in the USA;
- File I-829 Form to remove the conditional green card, usually about 18 months after you received approved I-526 conditional green card.
- The whole process can last to 36 months before you receive a permanent green card.This program may expire in Sept 2016. Please be sure to check back for upcoming updates.
If you want to know more about E-2 Investor Visa program, download a free Ebook.
Also, check out our recent article about The Difference between E-2 Investor Visa and L-work visa.
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