EB-5 PROCESS. REQUIREMENTS FOR SUCCESSFUL EB-5 Investment of $1 million USD or $500,000 in certain...

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EB-5 PROCESS

Transcript of EB-5 PROCESS. REQUIREMENTS FOR SUCCESSFUL EB-5 Investment of $1 million USD or $500,000 in certain...

Page 1: EB-5 PROCESS. REQUIREMENTS FOR SUCCESSFUL EB-5  Investment of $1 million USD or $500,000 in certain cases  Investment must be ‘At Risk’  Investor must.

EB-5 PROCESS

Page 2: EB-5 PROCESS. REQUIREMENTS FOR SUCCESSFUL EB-5  Investment of $1 million USD or $500,000 in certain cases  Investment must be ‘At Risk’  Investor must.

REQUIREMENTS FOR SUCCESSFUL EB-5

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

Page 3: EB-5 PROCESS. REQUIREMENTS FOR SUCCESSFUL EB-5  Investment of $1 million USD or $500,000 in certain cases  Investment must be ‘At Risk’  Investor must.

BENEFITS OF 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

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STEP 1 : INFORMATION GATHERING

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

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STEP 2: FILE I-526 PACKAGE WITH USCIS

Package to include forms and all evidence Fees: $1500.00

Current processing time about 13 months

Attorney handles all requests for information

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STEP 3: ADUSTMENT OF STATUS OR CONSULATE

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

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STEP 4: FILE I-829 FOR LONG TERM RESIDENCE

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)

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STEP 5: APPLY FOR US CITIZENSHIP IF DESIRED

After 5 years as long term resident, investor may apply for US Citizenship or may remain resident.

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QUESTIONS?