EB5 Green Card Details
The EB5 category requires an investment of either $500,000 or $1,000,000 in a new commercial enterprise (either purchasing an already existing business or expanding an existing business is permissible in some instances) that will result in a benefit for the U.S. economy and produce 10 full time jobs for workers not related to the EB5 petitioner. There are 10,000 EB5 green cards available annually. Once the EB5 petition is approved, the investor becomes a conditional resident for two years and once the conditions are removed, a permanent resident.
For whom is an EB5 Green Card appropriate?
Foreign entrepreneurs who invest between $500,000 and $1,000,000 in a commercial enterprise that will benefit the U.S. economy and create at least 10 full-time work positions.
What are the requirements for obtaining an EB5 Green Card?
10,000 immigrant visas per year are available to qualified individuals seeking permanent resident status on the basis of their engagement in a new commercial enterprise.
Of the 10,000 investor visas (i.e., EB5 visas) available annually, 5,000 are set aside for those who apply under a pilot program involving an USCIS-designated Regional Center.
Permanent resident status based on EB5 eligibility is available to investors, either alone or coming with their spouse and unmarried children. Eligible aliens are those who have invested — or are actively in the process of investing — the required amount of capital into a new commercial enterprise that they have established. Those foreign nationals must further demonstrate that this investment will benefit the United States economy and create the requisite number of full-time jobs for qualified U.S. workers within the United States.