OVERVIEW
United States Citizenship and Immigration Services (USCIS) oversees lawful immigration into the U.S.A. as mandated by the U.S Congress.
The EB-5 Immigrant Investor Program is an opportunity for foreign nationals interested in permanent residency in the U.S. to reside in America.The EB-5 visa for Immigrant Investors is a United States visa created by the Immigration Act of 1990. This visa provides a method of obtaining a green card for foreign nationals who invest money in the United States. To obtain the visa, individuals must invest at least $1,000,000 USD, creating at least 10 jobs By investing in certain regional centers with high unemployment rates, the required investment amount is $500,000. The Immigrant Investor Pilot Program was created by Section 610 of Public Law 102-395 on October 6, 1992. This was in accordance to a Congressional mandate aimed at stimulating economic activity and job growth, while allowing eligible aliens the opportunity to become lawful permanent residents.
BASIC REQUIREMENTS
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The investor must invest $1 million USD or $500,000 USD if investing in certain regional centers in targeted employment areas\
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Investment Funds are from a lawful source
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Investment will make a positive impact
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The investor must create 10 full-time jobs for U.S. workers
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Investment funds must be at risk
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There are no requirements as to age, nationality,work experience or entrepreneur achievements
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The investor must start or invest in an established business or Regional Center in the U.S.
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GENERAL INFORMATION for EB-5 INVESTORS:
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No prior business experience is required. Likewise, the investor is not required to demonstrate any minimum level of education. The only requirement for the investor is that he/she has the required net worth and capital
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No need to speak English
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Investor must be in good health
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Assets invested must be lawfully gained and source of funds identified
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Money may be gifted by a parent or relative within approved guidelines
FAMILY:
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Husband, wife may accompany and are eligible
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Unmarried children under 21 may accompany and are eligible
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Dependent Status: Temporary/2 Years - Permanent therafter
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It is possible for adopted children to be included in the family if adopted under the age of 16
PROCESS:
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Once approved for the EB-5 immigrant visa, the investor receives a "conditional" Green Card, which must be reissued after two years and is subject to removal of certain conditions.
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One year and nine months after it is issued, there is a three-month window during which the investor must file another application with the USCIS to certify that all of the funds have been invested and employment created in a regional center whether directly or indirectly.
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When the conditional resident status has been lifted, full resident status is granted and a permanent Green Card is issued.
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Once you obtain a Green Card and become a legal permanent resident, you have most of the rights and obligations of a U.S. citizen, except that you cannot vote and you are not entitled to some public benefits. You are subject to the same tax filing requirements, tax rates and deductions as U.S. citizens.
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One of the most important rights legal permanent residents possess is the right to obtain U.S. citizenship after five years.
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