EB-5 Visa Processing Time

The following is a general overview of the EB-5 green card process and our procedures for review of a potential investor’s eligibility for the Program:

EB5 Green Card Processing Time

EB5 Visa Timeline

eb5 green card process flow chart

EB5 Green Card Process Steps

Complete Preliminary Forms

Potential EB-5 visa investors must sign a Non-Disclosure Agreement and complete a Questionnaire in order for our firm to make a preliminary determination if they qualify for the Program. These forms are designed to protect both our firm’s and the potential investor’s interests and to maximize everyone’s time and effort in connection with this process.

Identify A Qualified Investment Opportunity

If the preliminary determination is that you are a good candidate for the Program, the next step is to identify a potential project in which you may wish to invest. Qualified Investments are summarized in the Private Placement Memorandum or Offering that is drafted on behalf of the company that is seeking to raise investment capital – known as the New Commercial Enterprise There are a wide range of potential investment opportunities (such as commercial real estate development and loans for new businesses or franchise opportunities) and having at least a general idea of the type of investment that you wish to consider will help in the review process. The information provided in the Offering is typically extensive and if the opportunity is one that you wish to pursue it is advisable to seek assistance from subject area experts such as attorneys, accountants and investment advisors.

ARRANGE FOR THE NECESSARY CAPITAL INVESTMENT – The EB-5 investor must meet the definition of an accredited investor under Rule 501 of Regulation D, and be capable of depositing the necessary funds (either $900,000 if the investment is in a project that is being developed in a Targeted Employment Area or $1,800,000 if the project is not in a designated TEA) as required under the Offering. Typically funds are deposited into an escrow account and may be held by the escrow agent pending the review of the potential investor’s I-526 Petition by the United States Citizenship and Immigration Services (the “USCIS”).
FILING OF I-526 PETITION – In addition to returning a signed subscription agreement and the capital contribution required under the Offering, the EB-5 Investor must file a I-526 Petition with the USCIS. This Petition contains detailed information about the investor, the source of funds and the qualifying investment. It is strongly recommended that an experienced immigration attorney assist with the filing. Due to the delay in processing times for I-526 Petitions (it may take well over a year for the USCIS to complete its review), many Offerings are including provisions that allow them to have access to the potential investor’s funds prior to receiving the USCIS ruling on the petition.
RECEIVE USCIS RULING ON EB-5 INVESTORS I-526 PETITION – Ideally, the I-526 Petition will contain all of the required information at the time it is initially filed. If additional information or clarification is required, the USCIS will issue a Request for Evidence and this will cause further delay in the processing time. If the petition is ultimately approved then the EB-5 Investors capital contribution is officially available for investment in the project. If the petition is denied then the capital contribution is subject to return as provided for in the Offering..
ISSUANCE OF VISA – CONDITIONAL PERMANENT RESIDENCE – Upon approval of the I-526 Petition, the EB-5 Investor must file, along with any supporting documentation, one of the following:
- If already lawfully residing in the United States, Form I-485 Application to Register Permanent Residence or Adjust Status (filed with the USCIS); or
- If not currently residing in the United States, Form DS-230 Application for Immigrant Visa and Alien Registration (filed with the Department of State).

Removal Of Conditions To Permanent Residence

In order to become a lawful permanent resident, the immigrant investor must file a Form I-829 Petition by Entrepreneur to Remove Conditions, along with any necessary supporting documents. This petition must be filed within the ninety (90) day period immediately prior to the second year anniversary of the investor’s admission to the United States as a conditional permanent resident. The investor must be able to prove that the necessary jobs were created as a result of the qualifying investment in order to receive permanent residence status for the investor, as well as the investor’s spouse and any children under the age of twenty-one (21).

Partners at Chan Law Firm

Min Chan

Managing Partner

Since 1998, Ms. Chan is licensed to practice law in New York and New Jersey. She is a prominent EB-5 immigration attorney who has been featured in China Daily, The Real Deal, The New York Times, EB-5 Investors Magazine and other major publications.

MICHAEL V. MCCLARY

Government Relations

With over 40 years of international diplomacy, Michael McClary is a retired U.S. federal executive with the Department of Energy. Mr. McClary graduated from the U.S. Military Academy at West Point and served in the U.S. Army in Germany and Vietnam.

LAMONT BLACKSTONE

CRX, Director of Finance

Lamont Blackstone is the principal of G.L. Blackstone & Associates, an urban commercial real estate consulting company. With over 25 years of experience in real estate and finance, Mr. Blackstone is the recipient of the Distinguished Service Award of the Board of Trustees of the International Council of Shopping Centers.

Ready to get started?

Contact our immigration law firm for a free consultation or with any questions.

+1-646-225-1727
info@mchanlaw.com

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