What is an EB-5 Permanent Residence visa?
Green Card Through $800K or $1.05 M investment.
EB-5 visa applicants, their spouse, and their children under 21 will obtain their permanent
residency green card once all requirements have been successfully met and the application is approved. Currently the process is taking around 48- 50 months.
The good news is that if you are in the United States under a non immigrant visa like B1/B2, F1 or
H1B, you can file for adjustment of status and remain in the United States. During the pendency of
the application you can receive a work permit and travel permit.
Required EB-5 Investment Amount
- High unemployment areas are geographic locations with an unemployment rate that is at least 150 percent of the national unemployment rate at the time of the EB-5 investment.
- Rural areas are either:
- Not located within any standard metropolitan statistical area (MSA); and
- Not located within any city or town having a population of 20,000 or more as based on the most recent decennial census of the United States.
EB-5 Job Creation Requirements
- The USCIS requires that EB-5 investments result in the creation of 10 full-time jobs for U.S. workers. These jobs must be created within the two year period after the investor has received their conditional permanent residency. In some cases, the investor must be able to prove that their investment led to the creation of direct jobs for employees who work directly within the commercial entity that received the investment. However, the EB-5 investor may only have to show that 10 full-time indirect or induced jobs were created if the investment was made in a regional center. Indirect jobs are those created in businesses that supply goods or services to the EB-5 project. Induced jobs are jobs created within the greater community as a result of income being spent by EB-5 project employees.
EB-5 Business Entities
- There are several types of business entities in which an EB-5 visa applicant can invest. In general, the applicants can invest directly in a new commercial enterprise or in a regional center. New commercial enterprises are lawful for-profit entities that can take one of many different business structures. Such business structures include corporations, limited or general partnerships, sole proprietorship, business trusts, or other privately or publicly owned business structures. All new commercial enterprises must have been established after November 29, 1990. However, older commercial enterprises may qualify if the investment leads to a 40-percent increase in the number of employees or net worth, or if an older business is restructured to such a degree that a new commercial enterprise results. In addition to individual business enterprises, EB-5 visa applicants can also invest in EB-5 Regional Centers. Regional centers administer EB-5 projects. It may be more advantageous for an investor to invest in a regional center-run project because the investor will not have to independently set up the EB-5 projects.
EB-5 Visa Requirements Summary
- $1.05 million capital investment, $800,000 in a TEA.
- The investment must be made in a for-profit U.S. commercial entity.
- The investment must create 10 full-time U.S. jobs in two years after the approval of the visa.
Regional Center Option
- There are many companies that ask you to invest $800,000 with them for 5 years and they will get you legal permanent resident.
- They keep your funds for 5 years and only pay 1% per annum.
- They charge up to $70,000 extra fees as processing fees
- There is no guarantee for the project since it is pre authorized by the government but the funds are not guaranteed by the government.
- It is our professional opinion that it is very expensive way of obtaining legal permanent resident.
ONCE YOU HIRE OUR FIRM, WE CAN WORK TO GET THESE OF DOCUMENTS FOR THE US CORPORATION
FROM THE U.S. CORPORATION
1) Letter in Support of the visa petition
Proof of Corporate Name and Good Standing:
2) Incorporation Documents: Certificate of Formation; Printout from the website of the
Texas Secretary of State with details of the company registration
3) Federal Employer Identification Number (FEIN)
Proof of Ownership of US CORPORATION by FOREIGN CORPORATION
4) Stock Certificates
5) Ledger: Record of Certificates Issued and Transferred
6) Wire transfer for
Bank Accounts:
7) Letter from Bank Official confirming account has been opened for the company
8) Bank Statement
Proof of U.S. Location, Operation, and Employment:
Commercial Premises
9) Lease Agreement
10) Payment for deposit and first month’s rent
11) Letter from Landlord confirming arrangement for additional space has been
made to allow for future growth
12) Photographs of the commercial leased property
Employees
13) Organizational Chart
14) Beneficiary’s Job Description
15) Job Description of the employees that will be hired and directly supervised
by the Beneficiary
Other Evidence of Business Activity:
16) Business Plan
FROM THE BENFICIARY (INFO ABOUT YOU)
Personal Documents:
17)Passport identification and U.S. visa pages
18) Police Clearance Report
Beneficiary’s Credentials:
19) Resume
20) Copy of Degrees
21) Source of funds for $800K or $1.05 M
Bold USA Immigration
- BOLD USA Immigration is a world-class Immigration Consulting Firm that has the knowledge, experience and skills to help you realize your dream to relocate, settle and eventually immigrate to the United States.
- BOLD is led by Mr. Bilal. Khaleeq, an immigrant and a serial entrepreneur who started his first business right out of college and has continued to initiate, build and run several successful enterprises. Mr. Khaleeq’s knowledge spans several industries over many decades and has helped thousands of families settle successfully in the United States. Mr. Khaleeq earned a Bachelors Science in Electrical Engineering (BS) from the University of Texas at Austin, a Masters of Business Administration (MBA) from Rice University in Houston Texas, and Doctor of Jurisprudence from Creighton University in Omaha, Nebraska.
- BOLD has the expertise to guide our clients through the all aspects of relocating to the United States through various immigration options by acquiring, running and managing of business enterprises, no matter the size, the type of business or the ownership structure. Whether you want to purchase a franchise, start your business or enter a partnership, we can provide the insights and expertise to make it happen
- Our Company can also help evaluate your experience, education and accomplishments to help you immigrate to the United States based on employment or self petitioning for legal permanent residence.
- We believe in building strong businesses through strong personal relationships. We are excited to offer our expertise and knowledge to help you navigate the various paths towards relocating and immigrating to the USA.