Procedure for US Developers
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Inform us about your project in need of funding. We want to get to know you and your project better so we can present it to our foreign investors in the best way possible. We will then be able to provide you with funding for your project through the EB-5 program. In order for your project to receive funding, it must meet certain requirements. Contact us for more information.
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Procedure for Foreign Investors
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Step TwoAfter the investor decides on a regional center project, they must execute a pre-subscription, subscription, and escrow agreement. The Financial Institution will conduct a screening that the investor must follow before depositing the amount of their qualifying investment. Once the investor has completed the screening process, the investor wire transfers the qualifying amount to an escrow account, accompanied by a syndication fee of $50,000. If not approved, the qualified investment is returned to the investor.
If approved, they proceed to the following: |
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I-526
Now that the investor has provided the money and completed the documentation, the Regional Center and Funding Company are put in contact with the investor’s immigration attorney. The immigration attorney continuously works with the investor and develops an I-526 Petition with project specific documentation provided to him/her. This I-526 will be for the investor and any qualifying relatives, who are a spouse, and any unwed children under the age of 21. Once completed, the I-526 application reviewed by the Funding Company’s immigration attorney. The documentation is thoroughly reviewed to confirm that there is clear evidence to support a lawful source of investment. After highly skilled council believe this has been achieved, the Regional Center will submit the I-526 Petition to the USCIS, and give notice to the investor. Once the investor receives approval of the I-526 the next step for investors currently outside of the US is through the National Visa Center (NVC). Investors with non-immigrant status in the US skip straight to the I-485.
NVC
Investors outside of the United States can now apply for Lawful Permanent Residence. The investor goes through Consular processing, and the I-526 approval is given to the National Visa Center (NVC). The investor will provide forms and documents before setting up a visa interview at the US Consulate. After notification from the NVC confirming the interview, a medical exam will need to be submitted by the investor. The investor will present the results at the interview. To be sure that all necessary documents are ready for the interview, the investor will follow the US Embassy/Consulate General-specific interview guidelines.
The Investor and qualifying relatives must now come to the United States at this point to receive their Lawful Permanent Residence Card. Conditional residence is typically granted after the interview. A Welcome Notice followed by a Lawful Permanent Residence Card to prove they are Conditional Residents of the United States.
The Investor and qualifying relatives must now come to the United States at this point to receive their Lawful Permanent Residence Card. Conditional residence is typically granted after the interview. A Welcome Notice followed by a Lawful Permanent Residence Card to prove they are Conditional Residents of the United States.
I-485
If the investor has valid non-immigrant status in the US, they may apply for adjustment of status and submit an I-485 application to the USCIS after I526 approval. Each qualifying relative must complete a separate application. The investor will receive guidance from his/her immigration attorney to fill out the required documentation.
While awaiting approval, the investor is allowed to maintain employment. If they wish to travel outside the country, they must obtain permission from the USCIS and have advanced permission (or Advance Parole) to return to the US. Without Advance Parole, the application with the USCIS is abandoned.
Once the I-485 application is approved, the investor and qualifying relative will receive a Welcome Notice followed by a Lawful Permanent Residence Card to prove they are Conditional Residents of the United States.
While awaiting approval, the investor is allowed to maintain employment. If they wish to travel outside the country, they must obtain permission from the USCIS and have advanced permission (or Advance Parole) to return to the US. Without Advance Parole, the application with the USCIS is abandoned.
Once the I-485 application is approved, the investor and qualifying relative will receive a Welcome Notice followed by a Lawful Permanent Residence Card to prove they are Conditional Residents of the United States.
I-829
The Conditional Residence lasts until the 2nd anniversary of the status. The investor must submit I-829 applications to remove the status within 90 days of this expiration date. The investor works with its immigration attorney to submit the I-829.
After the I-829 is approved the “Conditional” status is gone and the Investor (and qualifying family members) now has lawful permanent residence. If the Investor desires citizenship, him/her and qualifying relatives are eligible to apply within 4 years 9 months of the initial entrance to the US. They must also meet the other criteria for citizenship like being present in the US.
After the I-829 is approved the “Conditional” status is gone and the Investor (and qualifying family members) now has lawful permanent residence. If the Investor desires citizenship, him/her and qualifying relatives are eligible to apply within 4 years 9 months of the initial entrance to the US. They must also meet the other criteria for citizenship like being present in the US.
