Under EB 5 Visa Green Card, the employment-based, fifth preference (EB-5) immigrant investor classification, individuals are eligible to apply for lawful permanent residence in the United States if they make the necessary investment in a commercial enterprise in the United States and create or, in certain circumstances, preserve 10 full-time jobs for qualified United States workers. This rule provides priority date retention to certain EB-5 investors, increases the required minimum investment amounts, reforms targeted employment area designations, and clarifies USCIS procedures for the removal of conditions on permanent residence.
We specialize in helping you get EB 5 visa Green Card. You can hire our Eb 5 visa lawyers in California to get a green card. Before you begin, get to know the Summary of the EB-5 final new rules
U.S. immigration law allows certain aliens who are employment-based immigrants to become lawful permanent residents (get a Green Card). One employment-based (EB) “preference immigrant” category includes aliens who have invested or are actively in the process of investing $1 million (or $500,000 in targeted employment areas) in a new commercial enterprise that will benefit the U.S. economy and create at least 10 full-time positions for qualifying employees. These aliens are also called “EB-5 immigrant investors” because they are in the employment-based fifth preference visa category.
USCIS has resumed processing regional center-based Form I-526, Immigrant Petition by Alien Entrepreneur. USCIS will adjudicate all Form I-526 petitions filed before March 15, 2022, according to the applicable eligibility requirements when such petitions were filed (that is, the eligibility requirements in place before the enactment of the EB-5 Reform and Integrity Act of 2022, Div. BB of the Consolidated Appropriations Act, 2022. USCIS will continue to process Form I-526 petitions under the visa availability approach, prioritizing those Form I-526 petitions for investors with an available visa or a visa available soon.
USCIS will continue to reject all Form I-526 petitions received on or after July 1, 2021, indicating that the petitioner’s investment is associated with a regional center.
On March 15, President Biden signed a law that includes authority for an EB-5 Immigrant Investor Regional Center Program and various implementation effective dates for the program. The program will be in effect through September 30, 2027. USCIS is reviewing the new legislation and will provide additional guidance. In addition, USCIS will provide further information on the EB-5 Reform and Integrity Act of 2022, including Questions and Answers related to new filings, at a later date.
Therefore, regional centers previously designated under section 610 are no longer authorized. The EB-5 Reform and Integrity Act of 2022 requires all entities seeking regional center designation to provide a proposal in compliance with the new program requirements, effective on May 14, 2022. USCIS will provide further guidance to entities desiring to be designated as regional centers under the new program. USCIS is not accepting Form I-924, Application For Regional Center Designation Under the Immigrant Investor Program, for this purpose.