American Immigration attorney Robert Ng revealed in an interview with the BBC how incredibly easy it is to actually buy your way into the United States through the little known program from the American government called EB-5.
EB-5 stands for employment based immigration fifth preference and is an immigration visa for investors from abroad who want to invest in the united states economy. It allows foreigners to obtain a green card after investing into the United States economy and creating jobs. EB-5 investors include people from all walks of life: professionals, business people, families wanting to facilitate a child’s education, and retirees. EB-5 visa permits employment in the U.S.
The BBC interview went on to further explain that it takes about two months to make the investment, gather the necessary documents, and file the petition. Most petitions are approved in about 12-18 months. One can then apply for adjustment of status in the U.S. or an immigrant visa overseas. Adjustment of status for EB-5 cases can be processed in about 12 months, but can sometimes take longer. The immigrant visa at the American consulate requires a few weeks. After being granted and after arrival in the United States it usually only takes a few weeks for the conditional green card to arrive.
A conditional green card is a temporary green card valid for two years. One year and nine months after it is issued, a three-month window opens up during which an individual must file another application with the USCIS to verify that all of the funds have been invested and maintained and employment created. When the conditional resident status has been lifted, full permanent resident status is granted and a permanent green card is issued.
In order to get started potential EB 5 applicants need to call EB-5 Service at (323) 924-9059. EB5 Service is the leading EB-5 law firm and will guide you through setting up and assisting with compliance issues relating to EB-5 regional centers. EB-5 Service’s attorneys have been practicing law for more than 20 years.
For more news and updates, assistance with your visa needs or for a Free Assessment of your profile for Immigration or Work Visa’s just visit www.y-axis.com