Question 1: What is the minimum amount of investment required?
For investments in areas other than "targeted employment areas," the minimum amount of investment is $1 million. Investments in "targeted employment areas," including most regional center projects, can qualify with a minimum of $500,000.
Question 2: What is TEA " target employment area"?
A targeted employment area is a rural area or a geographical area that has experienced unemployment at a rate of at least 150% of the national average rate. Individual states are authorized to designate geographical areas within the state that qualify as targeted employment areas.
Question 3: Am I an "eligible investor"?
In general, “eligible individuals” include those
A. Who set up a new commercial enterprise by:
B. Who have invested — or who are actively in the process of investing — in a new commercial enterprise:
C. Whose engagement in a new commercial enterprise will benefit the United States economy and
Question 4: Are there any specific rules regarding an investment in an existing business that enables the existing business to expand?
The investment must result in a 40% increase either in the net worth or the number of employees of the business. For example, if a business has a $5 million net worth and employs 50 people, the investment would qualify either if it increases net worth by $2 million or if it results in an expansion of 20 employees. It is not necessary to meet this test if the business was established after November 29, 1990.
Question 5: How do I remove conditions on my conditional green card?
In order to remove the two-year condition, eligible EB-5 investors must file a Form I-829, Petition by Entrepreneur to Remove Conditions. Form I-829 must be filed within 90 days before the second anniversary of an Alien Investor’s admission to the United States as a conditional resident.
Question 6: What is the timing of this process?
Currently, the I-526 petition is generally reviewed within three to six months for a direct EB-5 and often more than a year for a regional center EB-5. The conditional permanent residence process generally takes between six and twelve months depending upon whether the investor is in the U.S. or, if outside of the U.S., which consulate will be applicable.