A Complete Guide about EB 5 Visa Process

1. A Complete Guide about EB 5 Visa Process The EB 5 Visa process consists of a few steps which are essential for an immigrant investor to complete to become a permanent resident of The United States. It is often recommended to complete the process with the help of eb5 immigration attorney however knowing the process will always keep you one step ahead. Once the process is completed, the investor along with his/her spouse and their unwed children until the age of 21 will become eligible permanent residents of the United States. Post five years after getting the permanent status of residence, the individuals can go ahead with the option of obtaining a green card to become a full resident of US. The First Step: It is crucial for the EB5 applicant to find a suitable project which is in accordance with the EB-5 program requirements. These projects are generally sponsored by EB5 Regional investors and centers and they encourage the investors to invest in a new company called New Commercial Enterprise (NCE). A General Partner or a Manager manages the NCE and he/she is also in charge of taking the decision on NCE’s behalf. The EB5 visa applicant should make sure that he meets all criteria of income requirement and EB5 program requirement to move with the EB5 process forward. Requirements of EB5 Visa Program: It is crucial for the investor to show that the invested money has been procured from a lawful source and he/she must invest in such a project that meets the requirements of EB5 Visa. Some of the requirements consist of a credible business plan and the money should be invested in New Commercial Enterprise. Also, the project should be able to create at least ten new jobs for the EB5 investors. The invested capital should be placed in such a way so that there is a chance for gain as well as the risk of incurring loss without any return on the capital money. Hence, it is vital to review the documents related to the project very diligently and to make sure the project is in accordance to the EB-5 program requirements. Investment Money involved in EB5 and I-526: To qualify for an EB5 visa, applicants are needed to invest a sum which ranges between $900,000 to $1.8 million into a business venture of the US. The investment can appear in different forms such as stock, money, tangible property that are generally accepted in the US market. Conditional Permanent Residency for 2 Years: To become a 2-year resident of the US, which is usually the applicant’s next step, the approval of I-526 is a must. One can attain the residency in a couple of days’ time.

2. Unconditional Permanent Residency: The final step in the visa process is to become an unconditional permanent resident. The permanent residency is given after cancelling the 2-year residency status and filing, adjudicating and approving I- 829. You may also consult the eb5 regional center, us business immigration to know more about the process of EB5 visa application. 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