EB-5 Investor Visa Program FAQ
What is the EB-5 immigrant investor visa program?
Established in 1990, the EB-5 Program allows foreign investors to earn U.S. green cards by investing $900,000 in a Targeted Employment Area (TEA) or $1,800,000 elsewhere. Investments must create at least ten full-time jobs for U.S. workers, either directly or through a Regional Center. Successful investors and their immediate families can obtain permanent residency in the U.S.
How long does it take for an EB-5 applicant to obtain a green card?
The average time taken to adjudicate the I-526 application is about 24 months. (However, of late, we have seen that in some Regional Centre projects, approvals have been coming in as early as 8 months). After that, a visa must be available for you before you can apply for a green card. In some categories, visas are always available, while in others, there is a limited number. Priority dates are given to immigrants waiting in line to get an immigrant visa and determine when a visa becomes available.
Where is my money invested?
In the case of the Regional Centres, the investors’ money is pooled together in an investment vehicle and invested in a development project (which has the potential to create a large number of jobs) either as a loan or equity. The most common form of investment is where the Investment vehicle gives the money as loan to the project development company backed by loan agreement specifying all the terms and conditions, including securities/guarantee, etc.
Are my family members eligible to qualify for an Eb5 Visa?
Yes, the green card application covers investors, his/her spouse, and children under the age of 21.
Will my children be able to remain in school in the US, if I return to my home country?
Dependent children will have their own conditional green card and can work, study and live in the U.S. if the principal investor returns to their home country.
Will I get my initial investment back? If yes, then when?
Yes, Repayment usually takes 5-7 years of the investor’s initial application
Can I use the money gifted by a parent or other relative for an EB-5 investment?
Yes, as long as applicable gift taxes are applied and paid. Gifts must be able to be traced to their lawful origin.
What is the difference between permanent residency and citizenship?
Permanent residency (Green Card) enjoys all the rights of US citizenship except the right to vote and benefits in a US passport. For example, Visa-free travel to certain countries. US citizenship means you are a US passport holder. One can apply for US citizenship after getting the Green Card.
When will I get US Citizenship?
You will become eligible for US Citizenship/Passport five years after obtaining the initial green card.
Am I entitled to keep my citizenship of my country of origin?
You will become eligible for US Citizenship/Passport five years after obtaining the initial green card.
What is the most common reason for the denial of a Green Card application?
Green Card applications are most commonly rejected due to the applicant’s failure to demonstrate that investment funds were lawfully obtained.
Am I required to speak English to obtain a Green card?
No, but basic English is advisable to understand the program and documentation.
Should an investor have previous business experience or a minimum level of education to participate in the EB-5 program?
There are no requirements with respect to prior business experience or education.
How do I start my EB-5 application process?
You can contact ACQUEST ADVISORS by calling on +91 9769769900 or sending an email to consult@acquest-advisors.com to set up an initial consultation!