EB-5 Green Card Visa Program for Immigrant Investors
History of EB-5 Visa
The EB-5 green card program was created by U.S. Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. The U.S. Citizenship and Immigration Services (USCIS) agency has estimated that the program has created at least 49,000 jobs and generated more than $6.8 billion in new investment since its inception.
Basic EB-5 Visa Requirements
All EB-5 investors must invest in for-profit commercial enterprise established after November 29, 1990 and engaged in for-profit activity formed for the ongoing conduct of a lawful business. It does not include noncommercial activity such as owning and operating a personal residence.
Conditional Green Card vs. Permanent Residency
All EB-5 investors are admitted to the U.S. as "conditional" permanent residents or green card holders. The investment must create or preserve at least 10 full-time jobs for qualifying U.S. workers within two years, so that the EB-5 investors can convert from conditional green card holders to permanent residents.
Annual Cap and Investment Amount
The U.S. has an annual cap of 10,000 EB-5 visas. The minimum investment of $500,000 applies to projects in troubled employment area (TEAs). The threshold investment for all other non-TEA projects is $1 million.
EB-5 Visa Questions and Assistance
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