EB5 Green Card

USCIS Proposes Significant Enhancements to EB-5 Visa Processing to Help America Win the Future

released May 19, 2011

Actions Will Streamline Program Designed to Create Jobs

WASHINGTON—U.S. Citizenship and Immigration Services (USCIS) today proposed significant enhancements to the administration of the USCIS Immigrant Investor Program, commonly referred to as the EB-5 Program—transforming the intake and review process for immigrant investors as part of the Obama administration’s continued commitment to improve the legal immigration system and meet our economic and national security needs for the 21st century.

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EB5 through Regional Centers Services and Fees

The fee schedule for EB5 through Regional Centers (fees are payable by personal or corporate checks) is as follows:

1. Legal Fees (for our Office):

$7,500 payable as follows for preparing I-526 Immigrant Petition: $5,000 at the commencement of the case and the rest $2500, to be paid on the 1st day of the month following the month in which the case is opened by the Law Offices.
For preparing I-485 Adjustment of Status: $3,000 for main applicant and $1,000 for each dependent.

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USCIS Issues Presentation On EB-5 Immigrant Investor Program Stakeholder Meeting December 16, 2010

 

This presentation is intended to provide a guide for discussion at the stakeholders’ meeting and to explain current USCIS policy and practice. It is not intended to be an official statement of USCIS policy, and does not supersede any existing statutes, regulations, or policy memoranda.

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B-2 (Visitors or Tourist) visa Extensions for an investor and for a parent

We have received two interesting  B-2 extensions.  It has been my view that under certain circumstances  B-2 can and should be permitted by USCIS to be used even where the applicant has an immigrant intent or is otherwise staying longer than usual in USA.  Apparently, USCIS agrees.

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EB5 investment visa

For EB5 investment visa, can one of my relative living in USA gift me the $500K required to invest in a "targeted employment area"

I do not see why not. But check with a CPA about gift tax.

Unless the context shows otherwise, all answers here were provided by Rajiv and were compiled and reported by our editorial team from comments and blog on immigration.com

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USCIS Issues Guidance Memorandum on EB-5 Immigrant Investor Program

USCIS issued a guidance memorandum that provides USCIS adjudication officers with instructions related to the timing of job creation and the meaning of “full-time” positions in the EB-5 Immigrant Investor Program.

The guidance memorandum update to the Adjudicator’s Field Manual (AFM), clarifies that for purposes of the Immigrant Petition by Alien Entrepreneur (Form I-526) adjudication and the job creation requirements, USCIS will consider the two-year period to begin six months after the adjudication of the Form I-526.
For details check the attachment.

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Investment based green cards

I want to know whether our federal bank (reserve bank of India) is allowing this US $500,000.00 for investment in U.S.A. Then I will ask some more questions like whether it is easiest way to get green card and whether our money is safe in investment (in the regional projects) and the total expenses upto green card release level (apart from us$500,000.00)

We practice US laws so I have no idea about RBI permissions. Safety of money is not guaranteed in any of the trusts that I know of. After all, this is an investment, not a fixed deposit or a CD in a bank. For businessmen with established businesses, L-1A and then EB1 is usually the better option.

Unless the context shows otherwise, all answers here were provided by Rajiv and were compiled and reported by our editorial team from comments and blog on immigration.com

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