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On Permanent Green Card and Conditional Green Card
20 13 there are three main ways to invest in popular immigrants:
1. Project investment: investing in specific business projects in the form of creditor's rights or preferred shares, but not participating in management.
Second, financial investment: purchase financial products, such as stocks and bonds, allowed by immigration laws and regulations through standardized financial capital markets.
Third, real estate investment: buying residential real estate with permanent property rights can not only obtain immigration status, but also enjoy the appreciation return of real estate.
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On Permanent Green Card and Conditional Green Card
In the process of EB5 investment immigration, applicants must first get a conditional green card, but what is a conditional green card? What's the difference with a permanent green card? I believe many applicants will have such troubles. Let's explain by the national immigration experts what are the conditions of the conditional green card for EB5 investment immigration applicants?
In fact, there are two kinds of green cards in the United States: permanent green cards and conditional green cards. For the permanent green card, the federal government of the United States stipulates that its validity period is 10 years, and it will be re-examined every 10 years, after which a new green card will be issued; EB5 Conditional green card is valid for 2 years.
First of all, we need to know what a conditional green card is and what are its conditions? We need to analyze the whole process of getting a permanent green card.
1.I-526 Identification of investment immigrants
When an applicant for EB5 investment immigration submits an I-526 application, USCIS will review the information submitted by the applicant to determine whether the applicant meets the requirements of EB5 investment immigration.
2.I-485 or embassy interview
After the I-526 application is approved and USCIS has determined that the applicant meets the requirements of EB5 investment immigration. There are usually two situations:
A. If the applicant has been living in the United States on a non-immigrant visa, the applicant needs to submit an I-485 application to USCIS with the help of an immigration lawyer.
B if the applicant is still in the country of nationality, he/she needs to go to the American embassy in his/her country to make an appointment for a face-to-face interview and prepare relevant materials.
Get a conditional green card
When the applicant completes the second step above, the applicant will get a temporary green card from the American Embassy. If the applicant still lives in the country of nationality, he needs to enter the United States within 6 months after obtaining a temporary green card. When the applicant enters the country, the conditional green card will be directly printed on your passport by the customs, thus replacing the previous temporary green card.
4.I-829 application (removing conditional green card to become permanent green card)
Generally speaking, after the applicant holds the conditional green card 1 year and 9 months, the immigration lawyer needs to prepare to submit the I-829 application and relevant supporting documents for the applicant to apply for a permanent green card. Basically, USCIS needs to obtain legal evidence to prove that the applicant's investment funds have been continuously used for the EB5 investment immigration project identified in the previous I-526 application in the past two years, and that the project has run well and created enough jobs.
For applicants, what they are most concerned about is what USCIS uses to judge whether an applicant can get a permanent green card.
1. Applicants need to produce legal documents to prove that they have continuously invested 500,000 US dollars in the EB5 investment immigration project determined in the previous I-526 application.
2. Applicants need to produce legal documents to prove that the invested project has created enough jobs in the target employment area (each investor is required to create 65,438+00 or more new jobs).
Applicants who need to invest in immigration should note that within two years, some factors may affect the application for permanent green card:
1. The investment project was forced to terminate.
2. The development of investment projects is not smooth or there are problems in real estate construction that cannot be completed as scheduled.
3. Investment projects cannot create enough jobs (at least 10 per investor on average).
So how can EB5 investment immigrant applicants do their best to ensure that they can get a permanent green card?
As can be seen from the above, the quality of a project plays a vital role in the whole process of American investment immigration. The selection of projects involves a lot of professional knowledge, including how to calculate the jobs created by the project, the strength of the project operation management team, the exit mechanism of the project and so on. Therefore, national immigration experts advise applicants to find an experienced, professional and reliable immigration agency to assist in handling American investment immigration, which will effectively avoid the risk factors in the application process and thus successfully obtain a permanent green card in the United States.
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