The EB-5 Visa for South African investors is an immigrant visa issued by United States authorities to provide permanent residence or green card in the US. According to the Congressional Research Service, South African investors are ranked in the 10th position among the top nations to get the most EB-5 Visas in 2019. Obtaining an EB-5 Visa permits South African investors and their dependents to live, work, and study anywhere in the US for the period of visa validity. This visa is granted to a South African resident for a conditional duration of two years. An investor needs to stay in the United States for at least one year.
Benefits of EB-5 Visa for South African Residents
EB-5 Visa Requirements for South African Citizens
South African investors need to meet certain requirements to obtain an EB-5 visa :
Income Requirements for South African Investors
A South African investor has to follow certain financial criteria for an EB-5 visa –
EB-5 Visa South Africa Documentation Required
Alongside the above-mentioned source of funds requirement, there are some financial criteria for EB-5 visa for South African citizens:
EB-5 Visa Process for South African Residents
The Immigrant Petition by Standalone Investor (Form I-526) can take 29.5 to 61 months, under one year if the investment is made in a rural project. The Petition is submitted to the USCIS to start the application process. An EB-5 visa application consists of the following steps :
EB-5 Visa Costs for South African Citizens
Applying and acquiring an EB-5 Visa for South African investors will include attorney’s fees, the administrative fee set by each project and the following costs:
EB-5 Visa Can Lead to a Green Card!
The EB-5 Visa is the faster, more direct, and more efficient immigration method for South African investors to obtain permanent residence (green card) in the US than other employment-based visas. The green card grants an indefinite stay for South African investors and their spouses and children (under 21 years of age) in the US. We at EB-5 Investor Portal can assist you to navigate the US Immigrant Investor Visa Program.