To qualify for the provisional program foreign investors must :
ï Demonstrate that a qualified investment is being made in a new commercial enterprise Located within an approval Regional Center.
- At least $1,000,000 in general or at least $500,000 in qualifying Targeted Employment Area (TEAs)
ï Using reasonable methodologies, that 10 or more jobs are created either directly or indirectly by the new commercial enterprise through revenues generated from increased exports, improved regional productivity, job creation, or increase domestic capital investment.
ï Source of Funds. Funds for the investment must come from a lawful source
ï Lawful source of funds include : profits from the sales of a property, stocks or bonds
The foreign investor must complete the application of Immigrant Petition by Alien Entrepreneur Form( Form I-526) to US Citizenship and Immigration Service(USCIS).
Once an EB-5 applicant signs an agreement to invest funds in a project to GW Bridge Fort Lee Regional Center and provides all necessary documents , $500,000 is qualified by targeted employment area(TEA), deposited in a secure bank escrow. The applicant’s immigration attorney submits paperwork on his/her behalf to USCIS. Once the application is approved and escrowed Funds are released to the project, the applicant and his/her family will meet directly with U.S. Consulate to be issued a conditional Green Card, valid for two years. The applicant is free to emigrate at this time. Before the two year conditional Green Card Expires, the applicant must submit an application to United States Citizenship and Immigration Service (USCIS) requesting a permanent Green Type your paragraph here.
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