As someone who wants to settle in the US there is no other visa which is more efficient than the EB 5 visa green card which grants you permanent residency in a short duration of time. It is an immigrant investor visa which allows you a safe, secure and easy entry in to the United States of America.
The name EB 5 is the full form of employment-based fifth preference visa that is received by the contenders of this visa.
Once you make an investment your attorneys shall file a EB-5 petition (known as a Form I-526) with USCIS. This petition is a proof of the fact that the investor has in truth made an investment.
The business plan of the investor in question should be authentic and genuine in the eyes of the USCIS and must meet all the conditions of “Matter of Ho”
For the investment to be eligible at even the lower investment amount of $800,000, it should meet all the conditions of the TEA during the investment time.
Once the I-526 petition of the investor is approved a conditional permanent residency can be received in two ways within.
In the first way it is granted when the investor lives in the USA and file Form I-485 for change of status and for the investors from overseas they should file the Form DS-260 with a U.S. Consulate or U.S. Embassy.
The overall application processing time for the EB 5 visa green card application can take between 18-24 months for consent.
