What are the EB-5 Visa Requirements?

E-B5 Visa requirements

Q. What are the requirements for applying for an EB-5 Visa?

Answer by Fadi Minawi, Lead US Immigration Attorney at Niren and Associates. 

The requirements for the EB-5 visa permanent residence applications are as follows

An EB-5 is a Greencard path for individual investor into a US business an amount of $500,000 to $1,000,000 or more. $500,000 is the minimum investment for a Targeted Employment Area, otherwise, the minimum investment is $1,000,000. The basic premise behind an EB-5 is that the investment funds would be made into a business or into a regional center and that the investment will help to supply 10 full-time, permanent, US jobs. It’s important that the investment made is as an individual one, and not made through a foreign corporation. Further, the funds used must be demonstrated to be from legal means.

Initially, the investor can qualify for a temporary or conditional Greencard, which would be valid for a 2 year period. After this, an application to remove the conditions would have to be made in order to make the status permanent.

Snowbirds and EB-5 Visas

I often get asked by snowbirds or retirees, who do not wish to return to their home country after 6 months of being in the US, how to obtain a Greencard? Using the EB-5 as an option, would be great for that type of person where the applicant has the minimum funds to invest in a business and have some role within the company but not necessarily, have to be involved on a full-time basis. In other words, the investor should not be a one hundred percent passive investor, but should have a minimal role in the operations.

Of course anybody with this amount to invest can apply for an EB-5 as this is not just for retirees.  Unlike an E-2 temporary investor’s visa, the EB-5 is available to everyone. This means that no matter what your country of origin is, if you can demonstrate a legal source to the investment capital, you may qualify as an EB-5 investor. The investor’s spouse and children under 21 will also benefit from this application as derivative applicants. Some families have saved thousands and thousands in university tuition fees because their children received Greencards and did not have to pay international student rates.

As there are many regional centers out there, it is important to deal with a firm that has experience with these applications as there some centres that are better than others and in some situations, you may not want to invest into a center at all. We would be happy to have an in-depth discussion on whether this option would be feasible for your situation.

Are You Interested in Immigrating to the US on an EB-5 Visa?

If so, Contact VisaPlace today. All our cases are handled by competent and experienced immigration professionals who are affiliated with VisaPlace. These professionals consist of lawyers, licensed paralegals, and consultants who work for Niren and Associates an award-winning immigration firm that adheres to the highest standards of client service.

Ready for the next step? Book your 1 on 1 consultation now or call us at 1-888-317-5770.

Have a Question related to your Immigration Needs?

Click here to fill out the FREE Immigration Assessment form below and get a response within 24 hours to see if you’re eligible.

The assessment form should take approximately 5-7 minutes to complete. We will get back to you within one business day to let you know if we are able to help.

Michael Niren

About Michael Niren

Michael is a graduate of Osgoode Hall Law School in Toronto. He is a member of the Law Society of Upper Canada, the Canadian Bar Association’s Citizenship and Immigration Section and the Associate Member of the American Bar Association. Read more

The content and comments of this blog are not legal advise and and may not be accurate or complete. If you require legal advice, contact a licensed legal practitioner directly. If you post on this blog, you assume full responsibility for disclosing your identity to the public and VisaPlace nor its affiliates are not responsible for protecting your privacy nor your identity concerning your participation in our blog and you assume any risks in participating.

Customer Reviews

I could not have asked for more! The VisaPlace team are extremely professional, they know their stuff. They gave me great information, prepared my work visa application and then prepared me for the submission process. I was successful. Got my visa. 5 stars! I would give them 6 if I could.

Tim Willisin the last week

This is not an exaggeration!!! I was truly impressed with the way VisaPlace consultants handled my case. The consultants- Emily, Lauren, Takunda and Lisa, took their time to explain to me in great deal how they were going to approach my case and how they would handle setbacks, if any. Their professionalism and knowledge of the law were superb. The minor setback that came up was quickly addressed by the team. The team constantly kept me updated on the progress/status of my application; they quickly responded to my questions/concerns. They had predicated my permanent residency to be processed within 6 -12, and Indeed it was processed and completed within 6 months. Based on my personal experience, Emily and Lauren's team are the best! They deserve 5 stars!!!!!!!!!!!

George Jakan'gayoa week ago

VisaPlace helped me sponsor my husband to become a Permanent Resident of Canada. They were extremely professional. Every step along the way was explained fully and expertly taken care of. The staff responded immediately to any questions and always handled our concerns fully, taking as much time as we needed to understand where we were at in the immigration process and what to expect next. I would recommend VisaPlace with no hesitation at all. I'm sure if we had tried to navigate the immigration process ourselves, it would have been much harder.

Shirley Corriveau2 weeks ago

Associations