August 7, 2011
This post will allow future investors to understand the process of being an EB-5 Visa applicant. We recently had another investor choose to invest with the Florida Regional Center and the Harbourside Place Project to obtain their EB-5 Visa. We will follow this individual through the process in hopes that this will shed some light on what to expect and help to guide you through the process a bit smoother.
1). Understand what the EB-5 Visa program is
EB-5 allows foreigners to invest in United States, USCIS Approved, projects that stimulate the economy and create an abundance of jobs resulting in said investors receiving their United States of America EB-5 Visa for permanent residency status. This can be obtained for yourself, your spouse, and any unmarried children up to 21 years of age. More information on the EB-5 visa can be found on this website.
In this case our of recent investor, Ming came to find out about the EB-5 program from one of the many Florida Regional Center seminars taking place all across China right now. Seminars are taking place all over the United States and the world, contact us for more information on ones taking place in your area.
2). Make sure you meet the requirements
There are many criteria that need to be met in order to obtain your EB-5 visa for entry into the United States. These include, but are not limited to, proper documentation of investment funding source and a clean criminal record. Visit the link for more information regarding requirement criteria.
Going through the list of criteria, our investor understood that he and his family met the criteria with proper documentation available and a clean past. He also made sure that the documents needed would be readily accessible for the next phases of the process.
3). Pick the project that is right for you
Florida Regional Center prides itself on having first class projects for our investors. We have a system of integrity and transparency regarding all of our projects. Proper design, procedures, and our key partners/contacts allow us to offer the highest quality projects, which create a safer and more secure investment for you, the future investor.
In this case, Ming was well aware of all the EB-5 projects available, and decided to invest in the Harbourside Place Project with the Florida Regional Center because of its secure job creation, conservative projections, and the fact that construction has already begun. This project fit his budget, time frame, Regional Center criteria, and investment criteria. Ming’s main selling point was the clarity and time frame for payback of the investment principal.
4). Pick an attorney that will work best for you
We have several key partnerships developed with top EB-5 Visa Attorneys. We will be glad to schedule a meeting with one of many available to choose from. They will advise you in all of the legalities and help you put together proper documentation to submit your I-526 Petition to the United States Citizenship and Immigration Services (USCIS) for conditional green card approval.
In the case of Ming’s family, they chose to use the services of FosterQuan. This firm is well established and has processed hundreds of EB-5 visa petitions, as well as I-829 petitions, with a high, nearly flawless success rate. The well-established past and excellent business practices of FosterQuan made it an easy and clear decision for the family.
5). Allow time for approval
After the Attorneys have gathered all the proper documents needed, the application will be submitted to the US government and evaluated on a case by case basis. If the government deems that all the requirements and criteria have been met, they will approve the I-526 petition and issue a conditional green card allowing the investor to immediately reside in the USA. Approval may also be necessary by current country of residence.*
Ming and his family are being processed in an expedited process, as all of his documentation is in order and ready to be submitted. As he is a resident of Chengdu City, China, he also needs to hold an interview at the Guangzhou Consulate before leaving for life in the USA.
6). Enjoy your entry into the United States with your EB-5 Visa
Once you have received all the proper documentation and have everything approved, you will be able to explore the whole of the United States at your leisure. There are no restrictions on where you can reside in the United States, allowing you access to some of the most beautiful areas in the world.
To get started on your own EB-5 Visa process, please fill out a contact form on our website, e-mail us, or reach us by phone at +001.561.799.0027
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