USCIS administers the Immigrant Investor Program, also known as "EB-5", created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Under a pilot immigrant program first enacted in 1992 and regularly reauthorized since, certain EB-5 visas also are set aside for investors in Regional Centers designated by USCIS based on proposals for promoting economic growth.
These visas are sometimes known as "investor visas" or "commercial center visas". To be eligible for an EB-5 visa, the applicant must:
Under EB-5, non-U.S. citizens can exchange a minimum $500,000 investment for a green card, and after five years receive the $500,000 back, plus interest, but can then apply for permanent citizenship.The deal is contingent on each $500,000 being used to create 10 jobs in the community where it was invested, and that the jobs last for five years.
One of the most common claims promoters make about EB-5 is that the program is a quick and certain way to get a permanent green card.
1. Selecting an Immigration Path
2. Identify and select an EB-5 compliant investment opportunity
3. Investment
4. Filing of I-526 Immigrant Petition by Alien Entrepreneur
5. Conditional EB-5 Visa
6. Fund Transfer required “At-Risk” capital contribution into escrow
7. Monitor and Manage Investment
8. Fulfill Job Creation Requirement
9. Filing of I-829 Petition by Entrepreneur to Remove Conditions
10. Permanent United States Residence Visa
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