Watch the Video on this FAQ: Green card based upon investment – EB-5
When you are doing an investment based green card first of all you have to look at these moving parts:
One set of moving parts is, do you want to invest half a million dollars or a million. Second moving part is do you want to run the business yourself or let somebody else run the business.
So when you invest 500,000 dollars in an approved investment scheme remember it is only approved for immigration compliance expectedly. They can still mess up and they do. There is no guarantee that this scheme will be successful or your money is safe. So don't think that just because the investment scheme has been approved by the government it is either safe or even honest. Nobody can tell you that. You have to assess that. There are some services out there who help you make those decisions. I don't recommend any. I have never used any. We have dealt with EB-5's through investment centers as well as individual businesses.
So if you want to start your own business what you have to do is invest either half a million in some of the areas that are considered to be rural or targeted employment areas where the unemployment is about 50 percent higher than the national average.
The way the process of the green card works is once you make the investment, whether it is an investment center or your own particular business, you can then file the first set of forms which almost take two years to complete then add to it another six to eight months then you get your conditional green card. Therefore, it takes between two - three years under the current environment.
Once you get the conditional green card you can come to the USA, you can start living here, your son can start going to school. 90 days before the end of the two years another set of forms is filed to remove the condition that shows that ten American jobs have been created and that the investment is on track, that's when you get your permanent green card. More...
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