The EB5 program is intended to encourage both “foreign investments and economic growth”. The EB5 Visa also allows a foreign national the freedom to sponsor him or herself in obtaining permanent residency in the United States.
EB5 Visa Requirements
An investment into a new or existing commercial enterprise, owned and operated by the individual investor is required. However, there are structures that allow investors to be a partner and do not require the individual investor to manage the daily tasks of the enterprise. For more information, please consult with us. As of March 15th, 2022, an investment of $1,050,000 (originally $1,000,000) into a business is required to obtain an EB5 visa, followed by the creation of employment for 10 or more full-time American employees.
The second program—The Immigrant Investor Pilot Program—was created by Section 610 of Public Law 102-395 on October 6, 1992. The investment could only be received by an economic unit defined as a Regional Center. The Regional Investment Center program is ideal for the investor who does not wish to actively operate a business in the U.S. The investor has the option of two investment project types. These are the EB5 Regional center investments or EB5 direct Investment project.
With requirements being incredibly strict, USCIS commonly rejects those applying for the EB5 visa. With legal counsel on your side, you can be assured that you will be pointed in the right direction. Increasing your odds of successful entry into the United States by contacting us today.
It is important to act soon, as the EB5 visa is limited. On average, about 10,000 visas are allowed to be approved on a yearly basis. By hiring an immigration lawyer, you can be sure you will have the best legal advice before applying for any visa, and at Tez Law Firm we can increase your chances of success. You can schedule a free consultation.
*The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create (receipt or viewing does) an attorney-client relationship*