Buying a Green Card: EB-5 Investor Visa (Ⅰ)
Congress created the fifth employment-based preference (EB-5) immigrant visa category in 1990 for immigrants seeking to enter to engage in a commercial enterprise that will benefit the
The statutory requirements of the EB-5 visa category are difficult. At most only about 1,000 people a year have immigrated in this category, just one-tenth of the visas available. It is estimated that USCIS approves only about 15 percent of EB-5 petitions.
Statutory Requirements
To qualify under the EB-5 category, the new enterprise must:
1. Be one in which the person has invested (or is in the process of investing) at least $1 million (or at least $500,000 if investing in a targeted employment area, after November 29, 1990
2. Benefit the
3. Create full-time employment for at least 10
Source:Visapro