The EB-5 program offers foreign nationals the opportunity to obtain permanent residency in the United States by investing in a new commercial enterprise. However, the process of applying for an EB-5 visa can be complex, and many investors have questions about the program. Below are answers to some of the most common EB-5 visa investor questions.
What is the minimum investment amount for the EB-5 visa?
The minimum investment amount for the EB-5 visa is $1.8 million. However, if the investment is made in a targeted employment area, which is defined as a rural area or an area with high unemployment, the minimum investment amount is $900,000.
How long does it take to get an EB-5 visa?
The time it takes to get an EB-5 visa can vary depending on several factors, including the processing time for the I-526 petition, the availability of EB-5 visas, and the time it takes to complete the background check and security clearance. On average, the process can take between 12 to 18 months from the time of the initial investment.
Can I invest in any business for the EB-5 visa?
No, not any business qualifies for the EB-5 visa. To qualify for the EB-5 visa, the business must be a new commercial enterprise, which is defined as a for-profit business that was established after November 29, 1990, or a business that was established before that date but has been restructured or reorganized in such a way that a new commercial enterprise results.
Can I invest in a regional center?
Yes, you can invest in a regional center. Regional centers are private or public entities that have been designated by the United States Citizenship and Immigration Services (USCIS) to promote economic growth and job creation in a specific geographic area. Investing in a regional center allows investors to pool their funds and meet the job creation requirements through indirect job creation.
Can I apply for an EB-5 visa with my spouse and children?
Yes, you can apply for the EB-5 visa with your spouse and children. Spouses and children under the age of 21 are considered to be derivatives of the primary EB-5 investor and are eligible for the EB-5 visa.
Do I have to live in the United States once I get an EB-5 visa?
No, you do not have to live in the United States once you get an EB-5 visa. The EB-5 visa is a conditional permanent residency, which means that you are not required to live in the United States, but you must maintain your residency status.