PowerPoint on EB-5 Process

EB-5 PROCESS

REQUIREMENTS FOR SUCCESSFUL EB-5 

Investment of $1 million USD or $500,000 in certain cases  

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Investment must be ‘At Risk’ Investor must have certain decision making ability in new enterprise.

Creation of 10 full time jobs for US Workers

BENEFITS OF EB-5 

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Conditional Residency for initial 2 years for investor and immediate family Free entry and exit of United States Resident based tuition for family members No more visas at consulates US Citizenship in 5 years

STEP 1 : INFORMATION GATHERING  

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Prove capability of investor- financial means Demonstrate legal source of funds with documentation Business plan to show requirements will be met within 2 years Develop a story that is easy for USCIS to understand

STEP 2: FILE I-526 PACKAGE WITH USCIS 

Package to include forms and all evidence 

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Fees: $1500.00

Current processing time about 13 months Attorney handles all requests for information

STEP 3: ADUSTMENT OF STATUS OR CONSULATE 

After approval of I-526 submission for adjustment or consulate processing to obtain conditional residency 

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USCIS Fees: Vary depending on originating country and adjustment v. consulate Ranges from $500 $1070

Conditional residency granted for 2 year period, after two years I-829 must be filed

STEP 4: FILE I-829 FOR LONG TERM RESIDENCE 

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90 days before expiration of conditional residency, I-829 must be filed to prove original requirements were met ($1million and 10 Jobs) USCIS Filing fees: 

$3,835.00 (plus $85.00 biometrics fee per person)

STEP 5: APPLY FOR US CITIZENSHIP IF DESIRED 

After 5 years as long term resident, investor may apply for US Citizenship or may remain resident.

QUESTIONS?