FAQs
What is the EB-5 visa program?
The EB-5 visa program is a type of immigrant visa that allows foreign nationals to obtain a green card (permanent residence) in the United States by investing in a new commercial enterprise that creates jobs for U.S. workers.
How much money do I need to invest to qualify for the EB-5 visa?
The minimum investment amount is $1.05 million, or $800,000 if the investment is made in a Targeted Employment Area (TEA). A TEA is an area that has been designated by the government as having high unemployment or being rural.
Can I bring my family with me on the EB-5 visa?
The processing time for an EB-5 visa can vary greatly, but it typically takes several months to a couple of years. The length of time depends on a number of factors, including the backlog of cases at the U.S. Citizenship and Immigration Services (USCIS) and the time it takes for the investor to complete the necessary paperwork and meet all the requirements.
Can I eventually become a U.S. citizen through the EB-5 program?
Yes, after you have held a green card for at least five years, you may be eligible to apply for U.S. citizenship through the naturalization process.
Is there a limit on the number of EB-5 visas that are available each year?
Yes, there is a cap on the number of EB-5 visas that are available each fiscal year, which is currently set at 10,000. However, only a portion of these visas are allocated to investors, with the remainder reserved for their spouses and children.
Can I invest in any type of business?
The EB-5 visa program is fairly flexible in terms of the types of businesses that qualify for investment. However, the business must be a for-profit enterprise and must be engaged in a lawful activity. Some examples of businesses that have received EB-5 investments in the past include hotels, restaurants, manufacturing companies, and real estate development projects.
Do I have to be actively involved in the management of the business?
No, you do not have to be actively involved in the management of the business. You can choose to be a passive investor, as long as you meet the other requirements of the EB-5 program.
Can I invest through a regional center?
Yes, you can invest through a regional center, which is an entity that has been approved by the USCIS to participate in the EB-5 program. Regional centers are responsible for identifying and developing investment projects that meet the requirements of the EB-5 program, and they often provide support and assistance to EB-5 investors. Investing through a regional center can sometimes make it easier to meet the requirements of the EB-5 program, as the regional center may handle some of the paperwork and other administrative tasks on your behalf.
What happens if my EB-5 visa application is denied?
If your EB-5 visa application is denied, you may be able to appeal the decision or file a motion to reopen or reconsider the case. It is important to carefully review the reasons for the denial and to seek legal advice if you believe that your application was wrongly denied.