Investors (as well as their spouses and unmarried children aged under 21) can apply for the US Green Card through the EB-5 (employment-based fifth preference) Business Visa USA, provided they contribute the required capital investment towards a new commercial U.S. enterprise, and have a plan to generate or maintain ten full-time permanent jobs for qualified workers in the USA.
As per the EB 5 visa requirement, immigrants must make a capital investment in an enterprise located in USA. Below are the investment options:
The EB-5 US Business Visa process is administered by U.S. Citizenship and Immigration Services (USCIS).
The EB-5 US Business Visa requirements are fairly straightforward:
Make a capital investment of $180, 00, 000/- (or $900,000, If the new commercial enterprise is located in a Targeted Employment Area (TEA), which is a rural area or an area experiencing high unemployment) – in a new ‘for profit’ commercial enterprise established after 29th November 1990 or one established on/before 29th November 1990 that was purchased and restructured/reorganized to create a new enterprise or expanded via investment resulting in 40% or more rise in number of employees. The enterprise may be a sole proprietorship, partnership, joint venture, holding company, business trust, corporation or other privately/publicly owned entity.
Job Creation Requirement
As a result of the investment, the commercial enterprise should create ten permanent full-time job positions (at least 35 hours of work per week) for a lawful citizen/permanent resident of USA or an immigrant authorized to work in USA – not including immigrant investors or their dependents. If the enterprise is located in a regional center, these jobs can be created directly or indirectly. If not, the jobs must be created directly by establishing an employer-employee relationship.
At the initial stage, investors will need to display the following EB-5 US Business Visa documents:
Later, while filing to remove conditions on PR status, investors may need to provide the following:
Payroll records, tax documents relevant to job creation, I-9 Forms for employees showcasing number of jobs created and maintenance of such jobs.
The US business visa processing time for the EB-5 classification varies depending on the caseload and capacity of USCIS. As of May 2020, the following processing time is applicable to each form submitted:
The fee required to submit these forms determined the US Business Visa cost under the EB-5 classification:
Biometrics: $85Sample Text
The US Business Visa application procedure is highly complex and detail-oriented. It requires constant supervision of documents and coordination with relevant authorities. With over 25 years of expertise in business immigration to USA, we provide assistance for identifying profitable commercial enterprises for investment, compiling required documents, enhancing eligibility, and filing a strong application. As genuine consultants, we can assess eligibility and offer support at every stage of the process, as well as practical advice for business establishment, to ensure that your precious resources are directed towards an investment that leads to permanent residence in USA.