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Detailed explanation of EB-5 immigration application process in the United States
However, because EB-5 has certain risks, investors need to be familiar with the details of the whole application process. So share with you the experience of being an American investment immigrant in recent years.
As soon as this legal provision appeared, the American government stipulated that only 10 thousand people could have such a quota every year. So there are still many restrictions. Of course, if you choose to invest in the regional center, your chances may be even greater, because there are 3000 places in this area. But at present, the backlog of EB-5 is huge, and the scheduling basically reaches 8~ 10 years.
1. Select investment projects in the regional center and remit the investment funds to the designated regulatory bank. At this stage, the applicant needs to choose one of many EB-5 projects for investment after strict prior investigation. Investors who have confirmed the EB-5 project need to sign the subscription agreement, custody agreement (custody account only) and fund issuance memorandum respectively, and remit the investment amount of 500,000 US dollars to the designated regulatory bank.
Two. The materials to be prepared and submitted to the US Immigration Service for the I-526 application include:
1, personal information materials
Copy of family ID card, family passport, entry-exit record and entry-exit certificate signed by the United States, copy of family birth certificate, household registration card, marriage/divorce certificate or unmarried certificate, certificate of no criminal record, copy of the applicant's highest education certificate, resume and 8 5*5 photos.
2. Proof of funds
Proof report on the source of investment funds and project management fees. Common ways to prove the source of funds are mortgage of real estate, sale of real estate, work income, shareholder loans, stocks, funds, dividends, etc.
3. Application fee materials
The original I-526 application fee needs to be provided, and the account for remittance of 500,000 US dollars and I-526 application fee must be the account of the main applicant, which can be a joint account.
After all the materials are complete, the Immigration Bureau will give the applicant a file number. While waiting for the approval result of I-526, the applicant can check the approval progress online through the file number. If supplementary materials are needed, the applicant needs to submit supplementary materials again; If the materials are approved, the applicant will receive an I-526 approval letter.
Third, approve I-526. After I-526 is approved, we have to wait for the visa quota. After approval, the applicant will receive the package sent by the State Council within 45-60 days, and the applicant must fill in this information before going to the consulate for an interview. This process only takes a few months, but there are too many applicants every year, and the annual quota of 10000 is completely in short supply, so the scheduling comes into being. According to the current trial progress of the Immigration Bureau, the current schedule is about four or five years, so it is necessary to remind applicants that if their children are over 265,438+0 years old at this stage, they will be refused visas. We suggest that if the child is close to seventeen or eighteen, it is best to let the child be the main applicant.
Fourth, the examination and approval materials will be transferred to the Guangzhou Consulate for interview. Next, the Guangzhou Consulate will inform the applicant of the interview time and ask the applicant to have a health examination. Applicants will be informed of the interview results on the spot when they go to the Guangzhou Consulate for an interview on the specified date. If successful, the interviewer will mail the passport to the designated bank, and the applicant will get a conditional (2-year) permanent resident visa. If the interview is rejected, the investment money will be returned to the applicant after deducting the relevant administrative expenses.
Applicants with conditional visas and their families must go to the United States within six months after obtaining visas. After obtaining a conditional visa, they need to land in the United States within six months and report to the Immigration Bureau. After paying the green card processing fee, the Immigration Bureau will send the green card to the address designated by the applicant. Applicants who have obtained a conditional green card and their families will enjoy the same rights and interests as American citizens in the next two years, and only need to land in the United States once every six months.
6. Submit the I-829 application form and apply for cancellation conditions three months before the expiration of the conditional green card. Applicants need to submit the I-829 application form to apply for cancellation conditions. At this stage, as long as it is proved that the applicant's investment funds have not been withdrawn within two years and 10 direct or indirect jobs have been created, the conditional green card can be converted into a permanent green card through I-829 application. If the I-829 application fails, the applicant can apply to the Immigration Bureau again 30 days before the expiration of the one-year extension.
After the expiration of 75 years, investors can apply to become American citizens to invest. After the expiration of five years, investors will receive a repayment of $500,000. In a few years, investors can choose whether to apply for naturalization in the United States according to their own wishes.
However, it should be noted that the investment money is said to be paid back in five years. However, due to the schedule, the applicant's green card may not be approved after the expiration of the investment period, and the premise of applying for lifting the conditions is that the investment is still going on, so the investment of 500,000 US dollars may not be returned as scheduled. It may take seven or eight years for the applicant to get the repayment from the beginning of investment.
So far, it's all the application procedures for American investment immigrants, with only seven steps in total, but it may take seven or eight years before and after. This is on the premise that all applications are approved at one time. If something goes wrong in the application process, it will take more than a few years to replenish the parts and reapply. So remind investors again, don't hesitate to wait and see, while the policy of $500,000 has not changed, the sooner you apply, the better.
At present, the official waiting time for EB-5 investment immigrants in the United States is 15. In short, if the child is under 6 years old and waits for 15 years, it may catch up with the visa interview at the Guangzhou Consulate. If the child is over 6 years old now, it is impossible to catch up with American EB-5 investment immigrants, and the child is over 2 1 year old. In fact, the waiting period is getting longer and longer, and even 1 year-old children will be over-aged and unable to immigrate with their parents.
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