A Brief Look at the EB5 Immigrant Investor Program
- Author Stanley Hermosillo
- Published January 17, 2011
- Word count 424
Immigrants coming to the United States to start a new company may be able to benefit from the EB5 investor program. This Immigrant Investor Visa allows immigrants to earn their Green Card Visa by investing in American businesses.
Filling out USCIS form I-526 starts the process. Once the form has been filled out, it must be mailed to the USCIS center where the business enterprise will open. Approval is by no means automatic, and you must qualify to gain authorization. Your business must create at least ten full-time jobs, and your enterprise must add value to the United States. Be prepared to invest a minimum of $1,000,000 should you open your business in an area of high unemployment, or at least $500,000 in other areas. The USCIS investigates all petitions so it is important that all information be current and correct.
Approved applicants are given what is called a conditional status to open their business, allowing them to reside in the United States legally for two years. At a minimum of 90 days before the two years is up, the individual must fill out USCIS form I-829. It is vital that the USCIS time frames be adhered to, as not doing so may place your petition and proposed business venture in jeopardy, as well as your legal status to remain in the United States.
Obviously, not all Eb5 Visa Program applications are approved. If your petition is denied there are different routes you can take to try and reverse the decision. You can fill out USCIS form I-292 to start the appeal course of action. With this form you can include a statement to help clarify any ambiguous information that may have been present in the original EB5 petition.
In addition to filing an appeal, you can also launch a motion to reopen your case. With this motion, new evidence that was not in your original EB5 application must accompany the motion. You may also file a motion to reconsider with the USCIS. It is up to you to prove that your application was denied because of inaccurate information, or that a miscorrect application of the law was applied to your E5 petition.
As mentioned, adhering to USCIS time frames is vital to a successful conclusion of any proceedings. Should the appeal process result in your EB5 petition being denied, this decision is final-- no further appeals can be made, and no additional motions can be filed. This is one reason that it is so important to fill out all forms accurately and in a timely fashion.
Stanley Hermosillo is the author of this article for Eb5 Center. He recommends the Eb5 Center for all green card visa, Immigrant Investor Visa, and EB5 Visa Program related issues and affairs.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Vintage Furniture, Armoires, and Sideboards in Luxury Rentals: Curating Character and Charm
- Hospitality Design and Carved Doors: Crafting First Impressions Through Artistry
- Exercises to Help Plantar Fasciitis in the Foot
- The Foundation of Health: How to Tell if You Need Arch Supports
- The Best COREtec Flooring Colors for Every Design Style
- SEPTIC SYSTEM VS. SEWER SYSTEM: KEY DIFFERENCES EXPLAINED
- “When the Camera Lies: The True Stories Behind Hollywood’s Greatest Myths.”
- The Weight of Deception: Unmasking False Promises in the Weight Loss Market.
- The Silent Saboteur: Unraveling the Health Risks of Being Overweight.
- “Chaos Behind the Camera: Legendary On-Set Feuds and Filmmaking Nightmares That Changed Hollywood Forever.”
- The Expanding Burden: How Excess Weight Reshapes Human Health
- “Alternate Reels: How Cinema Might Have Changed if History Rolled Differently.”
- ICCTA Successfully Completes Second Beijing International Week of Intangible Cultural Heritage
- Weight Loss Myths: The Hidden Truth Behind Why So Many People Struggle to Keep the Weight Off
- CNC Milling In The Prototype-To-Production Process: How It Speeds Up Product Development
- The Hidden Truth About Weight Loss: Why Your Body Resists and How to Work With It.
- “Francis Ford Coppola: Genius and Chaos in the Making of a Hollywood Legend.”
- Why the ARRI Alexa Mini Still Outnumbers Every 4K Flagship on Professional Sets
- Beyond the Scale: The Real Truth About Weight Loss and Weight Management.
- “Marlon Brando: The Actor Who Changed Hollywood Forever.”
- “The Genius and the Scandal: Woody Allen’s Films and the Shadows Behind Them.”
- Grounded Farmhouse Living: The Soul of Vintage Furniture
- “Leonardo DiCaprio: The Reluctant Star Who Redefined Hollywood Stardom.”
- The Grounded Bohemian Home: Hand-Painted Antique Doors & Vintage Furniture
- “Behind the Curtain: The Private World of Raymond Burr.”
- Cabin Decor: A Perfect Mountain Hideaway
- Vintage Carved Wood: Where Ancient Symbols Meet Vibrant Color
- “From Pixels to Projectors: How Video Games Reshaped Modern Cinema.”
- THE TWO MOST BEAUTIFUL WORDS
- Zimbabwe News as a Catalyst: How Informed Journalism is Shaping a New African Reality