The first step in the EB-5 process is to locate a business project. There are two avenues you can take:
- New commercial enterprise, or
- Regional Center investments that work directly with the U.S. Citizenship and Immigration Services (“USCIS”) to connect you with a qualifying investment opportunity.
In the vast majority of cases, applicants of the EB-5 visa are required to make either a $500,000 or $1 million capital investment into a U.S. business project. This investment can take many forms, including cash, inventory, equipment, secured indebtedness, real property, or the equivalent of cash. Please note that the dollar amount for your capital investment is based on the U.S. dollar’s fair-market value.
In addition to your capital investment, applicants must show that they have the capacity to create 10 full-time job positions for their business project. Under the EB-5 process, being granted approval of the initial conditional permanent residence application typically takes 2 or more years. In most cases, the entire process from the initial conditional permanent residence application to permanent residency takes 5 years. Therefore, details mean everything in this process. We highly recommend that you contact our law firm to kickstart your EB-5 process in the right direction.
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