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Wish to apply for the EB-5 Visa program? Know how it works.
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How the EB-5 Visa Program Works? Investment from other countries is a significant source of income in the United States. It brings billions of dollars to the country every year and creates thousands of new job opportunities. This investment is possible only if people from other countries are allowed to invest and settle in the US. The Immigration Investor program allows citizens of other countries to come and invest in the US and contribute towards the development of the economy. Also known as the EB-5 visa program, it is managed by the US Citizenship & Immigration Services. How does it work? The EB-5 Visa is a means for investors to get permanent citizenship of the US by investing their money in a business. The two significant conditions associated with getting an EB-5 visa are: 1. You need to make a qualifying investment of minimum $1 million or $5,00,000 depending on the area and business you are investing in. 2. Your business should be able to create at least ten permanent jobs in the country for the US nationals. Also known as the investor visa, it allows investors to obtain a green card and bring their spouse and children to the country. The USCIS supervises the EB-5 visa program, and here is the entire process you need to go through to obtain the visa. 1. Finding a suitable US business immigration law firm to invest A foreign national who wishes to apply for the EB-5 visa India should first choose an appropriate company to invest his money in. The migration agents for EB-5 visa USA will help you find the best project for your investment. You will also have to fulfill the minimum income requirements when you proceed forward in the application process.
2. Investing the capital amount Once you’ve chosen a suitable project to invest in, you need to make the minimum investment in the US business immigration law firm to qualify for the process. The investment should be $5,00,000 if the business project is in a targeted employment area and $ 1 million otherwise. These investments are generally made through an escrow account. And once the investment is made, a US business immigration attorney orEB-5 visa attorney will file an I-526 petition with the USCIS. The immigration organization will then inform you if your application for the visa is accepted or not. 3. You will enjoy a conditional residency in the US for two years Once your application is approved by the USCIS, you will be granted a conditional residency in the country for two years. During this time, you will be expected to invest the minimum amount in the chosen project. 4. Getting the permanent resident status This is the final step in getting the EB-5 investor visa. You will apply 90 days before your conditional residency getting over. This application should have all the proof that you have met the requirements for this visa. You will then become eligible to receive a green card. When you apply for the EB-5 visa program, make sure that you approach a US business immigration attorney or EB-5 visa attorney who will guide you through the process. Address: Levels 7 & 8, Gblock c 62, Bandra- Kurla Complex,Mumbai, India 400051 Contact No: +91 2240-907370 Email ID: mdavies@usimmigrationadvisor.com Website URL: https://www.usimmigrationadvisor.com