Overview
Permanent resident status based on EB-5 eligibility
is available to investors, either alone or coming with their spouse and
unmarried children. Eligible aliens are those who have invested -- or are
actively in the process of investing -- the required amount of capital
into a new commercial enterprise that they have established. They must
further demonstrate that this investment will benefit the
United States
economy and create the requisite number of full-time jobs for qualified
persons within the
United States
.
Requirements
You must meet:
-
Establishing a new commercial enterprise by: 1) creating an original
business; 2) purchasing an existing business and simultaneously or
subsequently restructuring or reorganizing the business such that a
new commercial enterprise results; 3) or expanding an existing
business by 140 percent of the pre-investment number of jobs or net
worth, or retaining all existing jobs in a troubled business that has
lost 20 percent of its net worth over the past 12 to 24 months; and
-
Who have invested -- or who are actively in the process of investing
-- in a new commercial enterprise: 1) at least $1,000,000, or 2) at
least $500,000 where the investment is being made in a "targeted
employment area," which is an area that has experienced
unemployment of at least 150 per cent of the national average rate or
a rural area as designated by OMB; and
-
Whose engagement in a new commercial enterprise will benefit the
United States economy and: 1) create full-time employment for not
fewer than 10 qualified individuals; or 2) maintain the number of
existing employees at no less than the pre-investment level for a
period of at least two years, where the capital investment is being
made in a "troubled business," which is a business that has
been in existence for at least two years and that has lost 20 percent
of its net worth over the past 12 to 24 months.
Process
In order to seek status as an immigrant investor,
you must file CIS Form I-526, Immigrant Petition by Alien Entrepreneur.
The Form I-526 must be filed with supporting documentation which clearly
demonstrates that the individual’s investment meets all requirements,
such as: 1) establishing a new commercial enterprise, 2) investing the
requisite capital amount, 3) proving the investment comes from a lawful
source of funds, 4) creating the requisite number of jobs, 5)
demonstrating that the investor is actively participating in the business;
and, where applicable,
6) creating employment within a targeted employment area.
Conditional Resident – Permanent Resident
Once the Form I-526 is approved, immigrant investors
may obtain status as a conditional resident by filing Form I-485,
Application to Register Permanent Residence or Adjust Status, if residing
within the United States.
In order to become a lawful permanent resident, eligible investors must
file a Form I-829, Petition by Entrepreneur to Remove Conditions. Form
I-829 must be filed within 90 days before the second anniversary of an
Alien Investor’s admission to the
United States
as a conditional resident.
Fees
Please contact us
for the current CIS filling fees
and our attorney fee.