| |
| |
Regional Center and EB-5 Visa Articles
|
|
| |
|
|
| |
|
|
| |
 |
|
| |
|
|
| |
|
|
| |
|
|
|
| |
EB-5 Regional Center Investment Process |
|
 |
|
|
| |
|
|
Select Regional Center – Research potential regional
center investment opportunities with your immigration attorney. Make a decision based on the center’s
track record as it pertains to job creation, overall performance, and the
specific investment needs of the applicant.
|
Regional Center Presents Specific Proposal to Investor – Review this document carefully with your
immigration lawyer. Compare the
proposals of several centers and consider any potential risks associated with
each specific investment.
|
Investor Accepts Center’s Proposal and deposits $10,000 to reserve spot into
escrow account – Be sure that your investment is refundable should your
application be denied for any reason.
The initial deposit will be held in an escrow account until the funds
are released to the center.
|
Investor has 45 days to infuse full investment or request deposit to be
returned – Use this time to carefully consider your investment and further
research the regional center you have selected. How long has the center been in existence? How many years experience does its
principal operator have? Has the
center’s program been reviewed by the AAO?
|
Investor signs Subscription Forms and deposits $500,000
plus Admin fee into Escrow Account – Be sure to have an extra
$50,000 or more set aside for any additional costs or fees associated with the
regional center. There may be
unforeseen expenses that you should be prepared to absorb. Discuss possible scenarios with your
referring attorney.
|
Attorney prepares and submits I-526 Immigration Petition (USCIS
review approx 3-5 months) – Attorney will submit the application on behalf
of the investor. Approval
percentages can vary greatly among various Regional Centers depending on the
historical success of their program.
|
If denied:
Escrow Agent Returns Investment to Investor (end) – If the application is
denied for whatever reason, the escrow agent is responsible for returning the
investment back to the applicant.
If approved:
Center’s Escrow Agent unconditionally releases Subscription balance to Regional
Center – Upon approval, the escrow company will transfer the funds to the
regional center.
|
+If Investor is lawfully in US, we submit
I-485 application in the US to adjust to
Conditional permanent residence
(USCIS review approx. 6 months) –This is the final stage of the green
card process. The next step is to
become a lawful and permanent resident of the US.
+If Investor is overseas, we submit immigrant
visa application to US Consulate
(Consular Review approx. 6 months) – You will be issued an immigrant visa number through
the state department soon thereafter.
|
Investor gains U.S Permanent Residency (two year Condition) - Upon approval, investor is granted a
two year green card. After that
period of time, permanent residency status can be applied for and obtained.
|
Between 21-24 months, we submit I-829 petition to remove conditional nature
of permanent residence (USCIS review approx. 12 months) – The
application process must be completed during the 90 days that precede the
second anniversary of the conditional residency being granted.
|
Conditional status of Permanent Residency is removed. – Throughout this process you are
free to travel within and outside the United States. Also, one must maintain a residence inside the U.S. and not
live outside the U.S. for a period of one year or longer.
|
Apply for U.S Citizenship. (Optional) – May be filed 5 years form time of Permanent Residency Approval. You are able to maintain residency in
the U.S. as long as your EB-5 Visa status is valid. You may also apply for U.S. Citizenship is you so desire.
|
|
|
