After selecting a project and putting funds in escrow, EB-5 investors are eligible to submit their I-526 application for immigrant investor status to the USCIS. The three main categories of information submitted with an I-526 Application include Project Documentation, Personal Documentation, and Financial Documentation.
In 1990, under section 203(b) (5) of the Immigration and Nationality Act (INA), 8 U.S.C. Â§ 1153(b) (5), the United States Congress created the fifth employment-based preference (EB-5) immigrant visa category. To encourage immigration through the EB-5 program, Congress created a Regional Center Investment Program in 1993. The program specifically sets aside 10,000 visas annually for foreign investors who apply through a U.S. Citizen and Immigration Services (USCIS) designated Regional Center.
The EB-5 Program allows foreign nationals to invest in real estate while creating jobs, in order to receive their U.S. Visa. Those interested should understand EB-5 Program requirements before applying.
The EB-5 Program may not issue more than 10,000 visas per year, their annual maximum. Keep in mind that 3,000 of those visas are reserved for the Regional Center Pilot Program.
The USCIS has stated that up to the full 10,000 allotted visa slots may be used for Regional Center based visas if not used for Standard Program EB-5 visas.
Demonstrate that a “qualified investment” is being made in a new commercial enterprise located within an approved Regional Center. The qualified investment must be:
To qualify as a TEA, you will need to prove that the project is:
Otherwise, you will need to prove that the project is within a rural location.
Demonstrate that the qualified investment will benefit the United States economy, and show, using reasonable methodologies, that 10 or more jobs are created either directly or indirectly by the new commercial enterprise through revenues generated from:
The EB-5 Program is a great way to receive your United States Visa. If you are interested in applying for the program or learning more, please contact Houston EB-5 today, online or by calling us at 281-565-1067.