You, your spouse and any children who are unmarried and under 21 can obtain permanent resident status in the US, through the EB-5 Direct Investment Program. With an investment of $1.8million into a suitable business venture, you can begin your journey to becoming a US citizen. The investment must create 10 jobs and can be used to fund your own business venture.
Once the money has been deposited into an escrow account, an I-526 petition will be filled by your immigration attorney. The petition takes between thirty and fifty-two months to process. After submitting the I-526, you will fill a DS-260 for those outside of the US, or an I-485 for those already in the country and this grants you two-year conditional resident status, allowing you to see your investment through.
The EB-5 dictates that you must spend half of the five-year term on US soil, landing at least once every six months in the country. After the conditional status term is complete, you can file a I-829 petition for your permanent residence status. When the petition clears, you and your family will be issued green cards. As your five-year anniversary of conditional status passes, you may also apply for full citizenship
PROGRAM SUMMARY
DIRECT INVESTMENT PROGRAM
| INVESTMENT AMOUNT | USD $800,000 |
|---|---|
| INVESTMENT TYPE | Investor’s own business |
| SPOUSE | Yes |
| CHILDREN | Yes (Under 21 years of age) |
| PARENTS | No, but can be sponsored after Citizenship |
| PROCESSING TIME | 24 to 36 months (average)
12 months (Expedite Projects) |
| PHYSICAL RESIDENCY REQUIREMENTS | Land once every 6 months to maintain residency. Live 2.5 out of 5 years for Citizenship |
| LENGTH OF STATUS RECEIVED | Non-expiring green card/permanent residency |
| PERMANENT RESIDENCY | Immediately |
| CITIZENSHIP | After 5 years of Permanent Residency |
| SPECIFIC PROGRAM REQUIREMENTS | Must show legal source of funds |
| NATIONALITY DISQUALIFICATIONS | No |
| DUAL CITIZENSHIP | Yes |
YOUR JOURNEY
STEP ONE
FREE Assessment / Evaluation of Project Documents / Compiling of application / Funds are transferred to the U.S. escrow account / Attorney files the I-526 Petition with USCIS
STEP TWO
Applicant receives 1-526 approval / Applicant and family attends the interview at the U.S. Consulate / 2 year conditional green card is received and applicant may move to
the U.S. if they wish.
STEP THREE
After 2 years of conditional residency – Attorney files I-829 Petition with USCIS to remove conditional resident status
STEP FOUR
Applicant receives approval on 1-829 and receives a permanent residency status in the USCIS which does not expire / Approval is presented to the project and the Applicant may exit the project pursuant to the Limited Partnership Agreement
BUSINESS AND FRANCHISE CONSULTATION
Step Global specializes in the niche area of Business and Entrepreneur migration programs. We offer a wide range of business and franchise consultation services to help you smoothly transition to owning and operating your business abroad.
