EB-5 Immigrant Investors - This
Means You!
Immigration through Investment Overview
Under section 203(b)(5) of the Immigration and Nationality Act (INA), 8 U.S.C. § 1153(b)(5),
10,000 immigrant visas per year are available to qualified individuals seeking permanent
resident status on the basis of their engagement in a new commercial enterprise.
Of the 10,000 investor visas (i.e., EB-5 visas) available annually, 5,000 are set aside for those
who apply under a pilot program involving an CIS-designated “Regional Center.”
A "Regional Center"
Is an entity, organization or agency that has been approved as such by the Service;
Focuses on a specific geographic area within the United States; and ,
Seeks to promote economic growth through increased export sales, improved regional
productivity, creation of new jobs, and increased domestic capital investment.
"Alien investors" must:
Demonstrate that a "qualified investment" (see below) is being made in a new commercial
enterprise located within an approved Regional Center; and, Show, using reasonable methodologies, that 10 or more jobs are actually created either
directly or indirectly by the new commercial enterprise through revenues generated from
increased exports, improved regional productivity, job creation, or increased domestic capital
investment resulting from the pilot program.
Eligibility
Permanent resident status based on EB-5 eligibility is available to investors, either alone or
coming with their spouse and unmarried children. Eligible aliens are those who have invested
-- or are actively in the process of investing -- the required amount of capital into a new
commercial enterprise that they have established. They must further demonstrate that this
investment will benefit the United States economy and create the requisite number of full-time
jobs for qualified persons within the United States.
In general, "eligible individuals" include those:
Who establish a new commercial enterprise by:
creating an original business; purchasing an existing business and simultaneously or subsequently restructuring or
reorganizing the business such that a new commercial enterprise results; or
expanding an existing business by 140 percent of the pre-investment number of jobs or net
worth, or retaining all existing jobs in a troubled business that has lost 20 percent of its net
worth over the past 12 to 24 months; and Who have invested -- or who are actively in the process of investing -- in a new commercial
enterprise: at least $1,000,000, or at least $500,000 where the investment is being made in a "targeted employment area," which
is an area that has experienced unemployment of at least 150 per cent of the national average
rate or a rural area as designated by OMB; and
Whose engagement in a new commercial enterprise will benefit the United States economy
and: create full-time employment for not fewer than 10 qualified individuals; or
maintain the number of existing employees at no less than the pre-investment level for a
period of at least two years, where the capital investment is being made in a "troubled
business," which is a business that has been in existence for at least two years and that has
lost 20 percent of its net worth over the past 12 to 24 months.
How do I ...Seek Status as an Immigrant Investor
In order to seek status as an immigrant investor, you must file CIS Form I-526, Immigrant
Petition by Alien Entrepreneur. The Form I-526 must be filed with supporting documentation
which clearly demonstrates that the individual’s investment meets all requirements, such as:
establishing a new commercial enterprise, investing the requisite capital amount,
proving the investment comes from a lawful source of funds, creating the requisite number of jobs,
demonstrating that the investor is actively participating in the business; and, where
applicable, creating employment within a targeted employment area.
How do I ...Obtain Status as a Conditional Resident
Once the Form I-526 is approved, immigrant investors may obtain status as a conditional
resident by: Filing Form I-485, Application to Register Permanent Residence or Adjust Status, if residing
within the United States; or, Become a Permanent Resident Based on Investment.
In order to become a lawful permanent resident, eligible investors must file a Form I-829,
Petition by Entrepreneur to Remove Conditions. Form I-829 must be filed within 90 days
before the second anniversary of an Alien Investor’s admission to the United States as a
conditional resident. I-526, Immigrant Petition by Alien Entrepreneur
I-485, Application To Register Permanent Residence or Adjust Status
I-829, Petition by Entrepreneur to Remove Conditions
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Our offices understand
investment requirements that create opportunities for the investor, the
sellers and the communities. Please call 201-679-5700. (serious investors
only) |
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