IMMIGRATION THROUGH INVESTMENT USING EB-5 VISA PROGRAM

Here are some EB-5 Requirements and information:  Immigration through Investment Immigration Through Investment Overview Under section 203(b)(5) of the Immigration and Nationality Act (INA), 8 U.S.C. § 1153(b)(5), 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 EB-5 visas available per year, 5,000 are set aside for those who apply under a pilot program involving an CIS-designated “Regional Center.”

What is a Regional Center?

A “Regional Center:” is an entity, organization or agency that has been approved as such by the Service. The Regional Center focuses on a specific geographic area within the United States. The Regional Center strives to promote economic growth through increased export sales, improved regional productivity, creation of new jobs, and increased domestic capital investment. Job creation is of paramount importance.

Alien Investor

An “Alien investors” must do the following: Demonstrate that a “qualified investment” (see below) is being made in a new commercial enterprise located within an approved Regional Center. An “Alien investors”  must show that 10 or more jobs are actually created either directly or indirectly by the new commercial enterprise through revenues generated from increased exports, improved regional productivity, job creation, or increased domestic capital investment resulting from the pilot program.

Eligibility Permanent

Eligibility Permanent resident status based on EB-5 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.

They must further demonstrate that this investment will benefit the United States economy and create the requisite number of full-time jobs for qualified persons within the United States. In general, “eligible individuals” include those:

1. Those who establish a new commercial enterprise by either creating an original business,  purchasing an existing business and simultaneously or subsequently restructuring or reorganizing the business such that a new commercial enterprise results; or expanding an existing business by 140 percent of the pre-investment number of jobs or net worth, or retaining all existing jobs in a troubled business that has lost 20 percent of its net worth over the past 12 to 24 months; and

2. Those who have invested — or who are actively in the process of investing — in a new commercial enterprise of at least $1,000,000, or at least $500,000 where the investment is being made in a “targeted employment area,” which is an area that has experienced unemployment of at least 150 per cent of the national average rate or a rural area as designated by OMB; and

3. Those whose engagement in a new commercial enterprise will benefit the United States economy and create full-time employment for not fewer than 10 qualified individuals; or maintain the number of existing employees at no less than the pre-investment level for a period of at least two years, where the capital investment is being made in a “troubled business,” which is a business that has been in existence for at least two years and that has lost 20 percent of its net worth over the past 12 to 24 months.

How to Seek Status as an Immigrant Investor.

In order to seek status as an immigrant investor, one must file CIS Form I-526, Immigrant Petition by Alien Entrepreneur. The Form I-526 must be filed with supporting documentation which clearly demonstrates that the individual’s investment meets all requirements, such as: establishing a new commercial enterprise, investing the requisite capital amount, proving the investment comes from a lawful source of funds, creating the requisite number of jobs, demonstrating that the investor is actively participating in the business; and, where applicable, relating employment within a targeted employment area.

How to obtain Status as a Conditional Resident Once the Form I-526is Approved

Immigrant investors may obtain status as a conditional resident by Filing Form I-485, Application to Register Permanent Residence or Adjust Status, if residing within the United States.

In order to become a lawful permanent resident, eligible investors must file a Form I-829, Petition by Entrepreneur to Remove Conditions. Form I-829 must be filed within 90 days before the second anniversary of an Alien Investor’s admission to the United States as a conditional resident.

THIS IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES. ANY OFFER OF SECURITIES IN ANY SPONSORED JOB FUND MAY ONLY BE MADE PURSUANT TO A WRITTEN OFFERING MEMORANDUM AND ANY SALE OF SECURITIES IN SUCH FUND SHALL BE EVIDENCED BY A SUBSCRIPTION AGREEMENT EXECUTED BY THE POTENTIAL INVESTOR. THE UNITS WILL BE OFFERED AND SOLD (i) OUTSIDE OF THE UNITED STATES IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT AND (ii) INSIDE THE UNITED STATES UNDER THE EXEMPTION FROM REGISTRATION PROVIDED BY SECTION 4(2) OF THE SECURITIES ACT AND REGULATION D PROMULGATED THEREUNDER AND OTHER EXEMPTIONS OF SIMILAR IMPORT PURSUANT TO THE LAWS OF THE STATES AND JURISDICTIONS WHERE THE OFFERING WILL BE MADE. NO OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY UNITS MAY BE MADE IN ANY JURISDICTION IN WHICH, OR TO ANY PERSON TO WHOM, IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SALE.

For more information visit www.uscis.gov or call or write PPM.net.