What is the EB-5 Investor Green Card?<\/strong><\/p>\n
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The Employment-Based Fifth Preference Category, commonly referred to as the EB-5 Visa or the EB-5 Green Card, was created with the goal of attracting foreign capital to the United States in order to create new job opportunities for U.S. workers and benefit the U.S. economy.<\/p>\n
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There are 10,000 EB-5 Visas available to applicants every year and there are two different EB-5 pathways for Foreign Investors to obtain lawful permanent residence in the United States under this category for themselves and their immediate family members: either through a Direct EB-5 Investment or through a Regional Center.<\/p>\n
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In order to qualify for the EB-5 category, Foreign Investors who wish to apply must:<\/p>\n
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Invest at least $1,000,000 in either a new or existing business or commercial enterprise in the United States that creates at least 10 full-time jobs for American workers; or<\/li>\n
Invest $500,000 in a new or existing business or commercial enterprise in the United States that is located in either in an area with a high rate of unemployment or in a rural area; or<\/li>\n
Invest in a Regional Center designated by the U.S.Government; and<\/li>\n
Prove that the business will somehow have a positive impact on the economy of the United States.<\/li>\n<\/ul>\n
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When it comes to knowing how your situation may conform to these regulations exactly, the best way to do it is to consult with an EB-5 Business & Immigration Lawyer.<\/p>\n
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What are the Advantages of the EB-5 Category?<\/strong><\/p>\n
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On the positive side of the EB-5 Immigrant Visa category, we find that it has many advantages over other employment-based Green Card options, including:<\/p>\n
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You are not required to obtain PERM labor certification.<\/li>\n
You are not required to have an offer for a permanent job in the United States.<\/li>\n
You are not required to maintain a business in your home country.<\/li>\n
You will not need to demonstrate that you possess an extraordinary ability.<\/li>\n<\/ul>\n
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What are the Disadvantages of the EB-5 Category?<\/strong><\/p>\n
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When it comes to the negative side of the EB-5 category, it is important to note that it has its fair share of disadvantages, which include:<\/p>\n
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A significantly large upfront investment that is typically affordable only for very wealthy Foreign Investors;<\/li>\n
Ongoing financial risk because the business in the United States is required to engage in commercial activities that do not guarantee success; and<\/li>\n
A \u201cconditional\u201d status of permanent resident that will last 2 years, within which Foreign Investors need to meet certain requirements.<\/li>\n<\/ul>\n
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How Does the EB-5 Green Card Application Processing Work?<\/strong><\/p>\n
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Applying for the EB-5 Green Card from a foreign country is a multi-step process, the first one is filing Form I-526, \u201cImmigrant Petition for Alien Investor,\u201d with a U.S. Consulate in your home country. After this, the application will need to go through consular processing, which involves completing a DS-260 online immigrant visa application form and participating in an in-person interview with a consular officer.<\/p>\n
![\"The](\"https:\/\/romyjurado.com\/wp-content\/uploads\/2018\/12\/The-EB-5-Green-Card-for-Foreign-Investors.jpg\")
The EB-5 Green Card for Foreign Investors[\/caption]\r\n