The U.S Congress created the EB-5 program 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Qualified foreign nationals may invest through regional centers designated by USCIS based on proposals for promoting economic growth.
Under the EB-5 program, entrepreneurs and their immediate family members are eligible to apply for a green card (permanent residence) if they make the necessary investment in a new commercial enterprise in the United States in view of creating or maintaining 10 permanent full-time jobs for qualified U.S. workers.
The minimum qualifying investment in the United States is $1 million generally and $500,000 within high-unemployment or rural areas in the United States .
Among the financial documents required in a EB-5 visa application are:
- Proof of capital funds
- Source of money
- Tax or ownership documents
- Other financial documents
Upon admission into the United States with an EB-5 visa or alternatively, approval of an adjustment of status application, the EB-5 investor and immediate family members will be granted conditional permanent residence for a 2-year period removal of which is subject to USCIS’s approval.
Contact a Skilled Business Immigration Lawyer for More Information*
Gold Law Group assists clients with a wide variety of business-related immigration issues including EB-5 petitions. If you are a foreign national interested in applying for an EB-5 visa please call 323.394.1281 or contact us online to schedule a consultation.
*Please read important legal notice below