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EB-5 Process. Investment of $1 million USD or $500,000 in certain cases Investment must be ‘At Risk’ Investor must have certain decision making ability in new enterprise. Creation of 10 full time jobs for US Workers. Requirements for successful EB-5.
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Investment of $1 million USD or $500,000 in certain cases • Investment must be ‘At Risk’ • Investor must have certain decision making ability in new enterprise. • Creation of 10 full time jobs for US Workers Requirements for successful EB-5
Conditional Residency for initial 2 years for investor and immediate family • Free entry and exit of United States • Resident based tuition for family members • No more visas at consulates • US Citizenship in 5 years Benefits of Eb-5
Prove capability of investor- financial means • Demonstrate legal source of funds with documentation • Business plan to show requirements will be met within 2 years • Develop a story that is easy for USCIS to understand Step 1 : Information Gathering
Package to include forms and all evidence • Fees: $1500.00 • Current processing time about 13 months • Attorney handles all requests for information Step 2: File I-526 Package with USCIS
After approval of I-526 submission for adjustment or consulate processing to obtain conditional residency • USCIS Fees: Vary depending on originating country and adjustment v. consulate Ranges from $500 - $1070 • Conditional residency granted for 2 year period, after two years I-829 must be filed Step 3: Adustment of Status or Consulate
90 days before expiration of conditional residency, I-829 must be filed to prove original requirements were met ($1million and 10 Jobs) • USCIS Filing fees: • $3,835.00 (plus $85.00 biometrics fee per person) Step 4: File I-829 for long term residence
After 5 years as long term resident, investor may apply for US Citizenship or may remain resident. Step 5: Apply for US Citizenship if Desired