The EB-5 investor visa is a visa that is granted to foreign citizens to invest in economically viable projects. This means that the individual must have the intention and financial power to contribute to the development and growth of the country where they have their business, or at least carry out commercial activities within it.
EB-5 visas allow foreign entrepreneurs and their immediate family members to live and obtain legal residence in the United States, if they commit to investing at least $ 500,000 US dollars (or the equivalent of other values) for economically viable projects that generate employment within the North American country.
The EB-5 visa is also known as a temporary resident visa and gives the foreigner the possibility to apply for permanent residence after remaining in the United States for a period of no less than five (5) years.
The process to obtain the EB-5 visa is as follows:
* Personal interview with candidate, spouse and children under 21 years of age. In the event that it is not possible to meet in person, additional means are available such as video conferencing or telephone interviews.
* The supporting documents that prove the purchase of a home or pay the lease for a minimum space of two (2) years, including the fees paid up to that moment.
* The certificate from the financial department on the funds invested and destined for a viable economic objective.
* A letter from a US bank confirming the deposit made for the required amount.
If the previous steps are fulfilled, after the complete process, the EB-5 temporary resident visa will be granted to foreigners and their family up to five (5) years or more quickly if they exchange additional points for a permanent visa.
No additional entry permit is needed to enter the country, only the EB-5 visa and the certificate on the supporting documents presented to consular officials. Once you have completed your project or met the required conditions for five (5) years, you can automatically apply for a permanent visa through the Immigrant Investor Program of the U.S.
No, with an EB-5 visa you will obtain a conditional resident status for two (2) years; however, before the end of that time, you must request the removal of the residence conditions.
EB-B visas are designed to increase investment and the entry of foreign capital into the country. It is a visa that allows legal entry, temporary residence with the eventuality of becoming permanent and equal rights as a North American citizen if properly contributed for five (5) years or more.
At Sleepless Attorney we have a team of highly qualified professionals to advise and support you in your legal process to process the EB-5 visa, which involves handling a large volume of financial documents and conditions that must be met in accordance with the requirements of said visa.
In case you would like more information about the EB-5 visa, please contact us at (909)319-7103 / 1 (800) 559-7170, visit us at 228 West C Street Ontario CA 91762 or click here. We will be ready to help you in everything you need.