Does EB-5 Guarantee a Green Card?
Are you thinking of relocating to the United States from India and considering the EB-5 visa? It’s essential to understand how the EB-5 visa works and whether it guarantees you a Green Card. In this article, we will break down the key aspects of the EB-5 visa, including its requirements and processing time.
EB-5 Visa Basics
The EB-5 visa is a U.S. immigrant visa program designed for foreign investors seeking to invest in job-creating enterprises in the United States. The primary goal of this program is to stimulate economic growth by encouraging investment and creating jobs. To apply for an EB-5 visa, here are some essential requirements:
Investment Amount:
To be eligible for an EB-5 visa, you must invest a specific amount in a new commercial enterprise. Generally, the minimum investment is $1.8 million. However, if your investment is in a Targeted Employment Area (TEA), the minimum required investment is $900,000.
Job Creation:
Your investment must lead to the creation or preservation of at least 10 full-time jobs for qualifying U.S. The creation of jobs should occur within two years of your entry into the United States.
At-risk Investment:
Your investment must be at risk for the purpose of generating a return on the capital placed at risk.
Lawful Source of Funds:
You must prove that the funds used for your investment have been lawfully obtained.
Involvement in Business:
You should be involved in the day-to-day management or policy formation of the business in which you invest.
Processing Time
The EB-5 visa processing time may fluctuate. It typically involves the following steps:
Form I-526 (Immigrant Petition by Alien Investor):
This is the first step in the process. It can take around 24 to 30 months to get your I-526 petition approved.
Adjustment of Status or Consular Processing:
After the I-526 petition is approved, you can either adjust your status if you are in the United States or go through consular processing if you are outside the United States.
Form I-829 (Petition by Investor to Remove Conditions):
Once you’ve met the job creation requirement, you can file the I-829 petition. The processing time for this step can take approximately 29 to 38 months.
AGACS Pvt Ltd – Your Trusted Immigration Partner
Navigating the EB-5 visa process can be complex, and that’s where AGACS Pvt Ltd comes in. We understand the intricacies of the EB-5 visa program and are here to guide you every step of the way. Our experienced team and knowledgeable lawyers will help you apply for the visa, ensuring that your application is complete and accurate.
AGACS Pvt Ltd, a leading immigration consultancy that can guide you through the EB-5 visa process. AGACS Pvt Ltd has a stellar track record, having assisted over 10,000 individuals and families in settling in the USA. As a top immigration consultancy, we pride ourselves on simplifying the EB-5 visa process, making it easy for you to understand.
In conclusion,
while the EB-5 visa program offers a pathway to U.S. permanent residency (Green Card), it’s important to meet all the requirements and go through the necessary steps. With the assistance of AGACS Pvt Ltd, you can navigate this process with confidence and work towards achieving your goal of living in the United States. Contact us today to get started on your EB-5 journey.
FAQ`s:
No, the EB-5 program does not guarantee a Green Card, but it offers the opportunity to obtain one for eligible investors.
To obtain a Green Card through the EB-5 program, you typically need to invest a significant amount of capital in a new commercial enterprise and create jobs for U.S. workers.
The EB-5 program initially grants a conditional Green Card, which can become unconditional after the two-year conditional period if all program requirements are met.
Yes, there is an annual quota of EB-5 Green Cards. There are 10,000 available each year, including visas for both investors and their family members.
The United States Citizenship and Immigration Services (USCIS) is responsible for processing EB-5 petitions and applications, determining eligibility, and approving or denying Green Card status for EB-5 investors.
Agacs Pvt Ltd is the leading immigration and visa consultancy in Hyderabad, India, offering expert assistance for US H1B Visa, US EB5 Visa, Canada PR and Canada Work permit Visa application processes. Our professional advisors provide trusted guidance to ensure a smooth and successful visa application experience.
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info@agacs.in & call on +91 9505000900. Website: www.agacs.in
