Investor’s Pre and post visa requirements under the EB-5 program

Posted by | Posted in Immigration | Posted on 11-05-2009

Do you know that having only $1,000,000 of the net worth is not enough to qualify for the EB-5 investment program? Apart from the general qualifying conditions, there are several additional conditions that investors have to fulfill under the EB-5 program, such as collecting documents including bank statements, tax proof, income returns et al that are required to make a petition application. You may read Investment criteria for EB-5 aspirants to know about the eligibility conditions for investors, looking to immigrate to the US under this program.

Once you get an EB-5 visa to USA, some post-visa requirements also needs to be complied with, such as creation of 10 new jobs every year for the first two years by the EB-5 business enterprise for US employees. So, there are many such requirements that investors have to fulfill, though this will not really be a challenge for a good businessmen.

In case, you are thinking that once you have got the EB-5 visa, you can then take an easy route and escape the post-visa requirements, you are terribly wrong. This is because the EB-5 visa granted to you initially is the conditional one. Only when you have successfully met the post-visa requirements for the first two years of your stay in USA, you are granted the unconditional EB-5 visa that makes you a permanent US resident. You may also apply for US Citizenship after that. For a comprehensive view of the basic criteria for both pre-visa and post-visa phase of EB-5 program is enlisted in this article, EB-5 – Basic requirements for the Investment Criteria.

EB-5 US visa for professionals, businessmen and high net worth individuals

Posted by | Posted in Immigration | Posted on 11-05-2009

EB-5 visa program is the right choice for immigration to USA, if you wish to establish a new or existing business in the US. So, what should be the minimum investment? How can you get a Green Card to USA under this program? What are the stages or procedure you have to follow to obtain your EB-5 US Visa? If these are the questions bothering you, you can simply take a sigh of relief. EB-5 critical visa stages and EB-5 case processing procedures are the articles that can prove to be of great help to you, in this regard.

Once you qualify through all the EB-5 visa stages and gets an approval, you would be granted the status of a conditional permanent residence for two years. This conditional status would be lifted after two years, in case you have successfully fulfilled all post-visa requirements as well, such as compulsory creation of a minimum of 10 jobs each year for the initial two years, for the U.S. workers via your EB-5 business enterprise. One thing that you must keep in mind is the fact that you must enter the US within 180 days of your visa approval.

The unconditional EB-5 green card approval that you will obtain after lifting the conditional status of your visa would be for ten years. Though it is advisable to apply for a new EB-5 visa but if you do not get it done, this doesn’t mean that you are no longer a US Citizen. However, you may not be allowed to go outside USA without a valid US green card. So, if you have enough cash in your pocket, get ready to double your money by seeking assistance from an immigration specialist and ultimately an approval for your US Visa under the EB-5 program.