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Frequently Asked Questions
To qualify for this program, foreign investors require meeting certain USCIS requirements –
- Invest at least $500,000 or its equivalent in a foreign currency (individually or with their spouse) in a commercial entity located in TEA (targeted employment area).
- The investment must generate 10 full-time jobs for US citizens.
Alongside fulfilling minimum investment and job creation requirement, certain factors like at least 21 years old age, no education requirement, no language proficiency, and legal fund sources plays a crucial role in the EB-5 visa process.
The EB-5 visa process takes on around 13 months. This duration covers the time you submit the application with USCIS. The processing time can vary based on the particular situation.
There can be no assurance of when an investor will get back their funds. In case, there is a guarantee, it can result in concerns and denial of the EB-5 petition of an investor by USCIS.
The EB-5 visa process starts with choosing a qualifying EB-5 project and filing a petition (Form I-526E). After the approval of this petition, it’s time to file Form I-485 if you’re in the US or Form DS-260 if you’re in your home nation. This helps in getting conditional permanent residency or a Green Card which will be active for 2 years until conditions are ended.
The cost for the EB-5 visa application includes the investment amount and other administrative fees like medical examination fees, Form DS-260 processing fees, translation fees, charges paid to get any legal help, and fees to get essential documents.