EB-5 Information for the Immigrant Investor
Usher Law Firm can guide immigrants through the EB-5 process. While earning the benefits of a green card for themselves and their family is certainly the primary motivation for many, it doesn't matter what language a person speaks, nobody likes to lose money.
USCIS At-Risk Rule
The USCIS requires that investor's money be “at risk.” Essentially, a regional center can't guarantee financial results. Because of this requirement and the fact that the types and numbers of EB-5 are becoming so large, it's more critical than ever that an immigrant critically evaluate his investment options.
Usher Law Firm can recommend business analysis experts and can assist you with due diligence efforts.
Once an EB-5 partner has been selected, funds are assembled and documentation is collected to meet the obligation of proving to the USCIS that the money has been legally accumulated.
You Selected the EB-5 Regional Center. What Is Next?
After the investment is made, typically through an escrow account, the green card acquisition process is initiated by the filing of a petition with USCIS (I-526).
After petition approval, the investor will either
1. adjust to conditional resident status if they are here in the U.S. at that time or
2. if they are outside the U.S. they will attend a visa interview at the U.S. Embassy in their home country.
Temporary Green Card with an EB-5 Regional Center
Once given conditional resident status (a temporary green card), the investor can enter the U.S. and enjoy all the benefits associated with a green card including travel in and out of the U.S. Just prior to two years expires from the time after the conditional green card was issued, the immigrant applies for removal of conditions by filing with the USCIS an I-829. With the conditions removed, the holder receives a full green card good for indefinite permanent resident status. After having the unconditional green card for five years, the immigrant may apply for U.S. citizenship.
Usher Law Firm, P.A. can help foreign investors with all aspects of participating in the EB-5 visa program.