The EB-5 investment program gives foreign investors an option to get permanent residency in the United States through specific investment criteria. It links business activity with immigration, with an emphasis on job creation. By following a set path, eligible investors can apply for a US green card for themselves and close family members.
What the EB-5 program involves:
The EB 5 investment was launched by the US Congress in 1990. It allows individuals to apply for a green card by investing in a new commercial enterprise. The minimum investment amount is usually $1,050,000, though it may be reduced to $800,000 if the project is in a targeted employment area (TEA), such as a rural location or high-unemployment area.
This investment must lead to the creation of at least 10 full-time jobs for US workers. Investors may choose to either start their own project or invest through a Regional Center, which is a government-approved entity that manages EB-5 projects.
The path to a green card:
After selecting an eligible project and investing the compulsory amount, the investor files Form I-526 with the United States Citizenship and Immigration Services (USCIS). If approved, they receive conditional permanent residency for two years. During this period, the business and job creation progress is reviewed.
Near the end of the two years, the investor submits Form I-829 to remove the conditions on their residency. If job creation and investment criteria are met, permanent residency (green card) is granted. The investor and their immediate family (spouse and unmarried children under 21) receive permanent resident status.
Timeframes and requirements:
Processing times vary depending on the project and USCIS backlog. It may take several months or even a few years for the green card process to be completed. Throughout this time, investors must show that the funds remain at risk and that the project is still active.
USCIS monitors each step, and accurate documentation is necessary. This includes proof of legal source of funds and evidence of job creation. The process does not guarantee returns on investment and carries financial risks.
The EB-5 program allows eligible investors to apply for US permanent residency through capital investment and job creation. By meeting the program’s guidelines and timelines, it is possible to receive a green card that opens a pathway to permanent residence in the United States. Each stage involves care, accurate records, and compliance with immigration guidelines.