Canada Express Entry Requirements
EB 5 IMMIGRANT INVESTOR PROGRAM
The USA is the world’s foremost economy having global interests and an unmatched global reach. With immense benefits in health, education and business, USA stands as the most sought after destination for every individual. The United States has a capitalist economy. USCIS administers the EB-5 Immigrant Investor Program, created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.
Location: North America
Capital: Washington DC
Passport Rank: 5th (As per Global Passport Power Rank 2021*)
Visa Free Travel: 184 Countries
Language: English
The EB-5 Immigrant Investor Visa
Launched in 1990, EB-5 Program offers an exclusive category of US immigration Visa that allows Investors, their spouse and unmarried children under the age of 21 to obtain Green Card within 24 to 36 months*. This allows them the legal right to live, work, study and travel anywhere in the United States without restrictions.
ELIGIBILITY REQUIREMENTS
In order to qualify, foreign investors need to meet specific United States Citizenship and Immigration Services (USCIS) requirements. They are required to:
Make a minimum investment of $500,000 (or it’s equivalent in a foreign currency, either individually or combined with their spouse or partner) in a commercial entity located in a targeted employment area (TEA).
Investment shall result in creation of 10 full-time jobs for US Citizens.
Business/Management experience: No Prior business management experience is required.
Other factors: In addition to the above selection criteria, other factors such as age must be 21 years old, no language proficiency is required, no requirement of education, and legal source of funds plays an important role in the process.
US E-2 VISA
Expeditious processing: U.S. E-2 visa can generally be obtained within 3 months*
Unlimited number of extensions
Investor’s spouse and dependent children under 21 years old may be included
Investor’s spouse can apply to work anywhere in the U.S.
Free high-school education for children in the U.S. with E-2 visa and in-state college tuition rates
E-2 can have the potential to be converted to EB-5 over the course of time
Investor and dependents may spend time in the U.S. without being subject to world-wide income tax.
IMMIGRATION QUALIFICATIONS
E-2 requires that you to be at least a 50% owner of the business and have a direct role:
50% owner of the Class A Units with another E-2 Investor
Investor Option to make the full investment and own 100% if desired
Involvement in the decision making process
** Legal and Professional fee is applicable.
APPLICATION PROCESS & TIMELINE FOR EB5
STEP 1: Client will sign the office contract with WWICS, initial payment as per contract needs to be made.
MONTH 1
STEP 2: Preliminary Check on applicant’s profile and technical assessment process takes place. Client receives the documents checklist and applications package.
MONTH 1
STEP 3: Opening of Escrow account
Step1: Transfer of investment funds into the Escrow Account along with admin fee.
Step2: Filing of I-526 Application to USCIS by the attorney.
MONTH 1
STEP 4: Client Receive I-526 Approval.
MONTH 12-14
STEP 5: Submit Immigrant Visa Application to National Visa Center.
MONTH 14-18
STEP 6: Upon approval the client undergoes Medical Test and Interview
MONTH 19-20
STEP 7
Step1: Client Receive Immigrant Visa.
Step2: Client has to enter the country within 6 months.
MONTH 22-23
STEP 8 – AFTER POST LANDING
Step1: Client receives conditional Green card
Step2: Attorney will file I-829 to USCIS before the conditional green card expiry.
STEP 9 – AFTER POST LANDING
Step1: Client Receive un-conditional Green card.
Step2: File Application for Naturalization after 5 years.
MONTH 24