Guestbook Entry for D R, United States
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D R
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United States
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Applying for an EB-5 investment green card investing in an IT company while on F-1 student visa; petition requirements; job creation; processing times, etc.
Question details
Question: My sister has been on F-1 status, currently on OPT and I want to file for her EB5 visa. I will fund her 75% of my money with cash that I earned from W2 and may get an equity loan if needed (total 800K). She wants to open an IT consulting company in Rural Area while on OPT. I have the following questions.
1. Is an IT consulting company a valid investment in terms of USCIS because one attorney mentioned it is not?
2. Does the count of hiring U.S. residents begin after the company is founded or after an I-526 application is filed?
3. How long will it take to get a conditional green card? How about non-conditional?
4. Is it a good idea to file now while on OPT-EAD or wait until she gets H-1B? She has another 2.5 years remaining on OPT.
5. Is it okay to use AP/EAD after she gets it while OPT-EAD? Can she still apply for H-1B after I-1485 is filed?
FAQ Transcript
1. Not only should there be an investment that investment should be needed to set up that business.
2. When you file your first set of forms (Form I-526) at that time you provide a business plan and you tell the government that once the I-526 is approved within two years or soon thereafter you will be able to create ten American jobs. You have about four years to create American jobs.
3. You can actually look those times up.
4.This is also complicated because if she gets her H-1B she's allowed to work only for the H1B employer. This should be planned in detail with a lawyer. At least theoretically this is feasible
5. She can still apply for an H-1B after I-485 is filed. It is theoretically possible, at least at the USCIS level but at the consulate level it is a different story.
Gap in status, for instance, H-1B and H-4 status issues
Question details
I was on F1, and my spouse was on F2. My H1B was approved in 2020 for client A, but COS from F1 to H1B was denied, so I just continued my F1 status. Later, I moved to client B, and my employer filed an H1B Amendment and got the complete approval with I-94, effective 29th April 2022. After approval, we filed I539 for my spouse's COS from F2 to H4 (still pending) with a receipt date of 17th May 2022.
Question: Since there is a gap between my H1B start date (04/29) and my H4 receipt date (05/17), may the USCIS deny our case? If so, what are our best options to proceed further?
FAQ Transcript
Technically Yes, this can be an issue.
Rajiv has been of incredible help to me for the last few years. I'd applied for the 485 Adjustment of Status and it looked like I'd be stuck in the queue for years before my greencard arrived. So, as I thought about my career, I decided to go back to school for a Ph.D. However, I was told by most everyone that getting an F-1 visa to go back to school would be very difficult. Rajiv gave me excellent advice to still go ahead and apply for the F-1 -- I ended up getting it with no trouble whatsoever. As the years went by, I then ended up getting the greencard as well -- Rajiv has been really helpful in letting me know the specific requirements (in terms of the job classifications, travel etc) related to obtaining permanent residency. I have been following his advice and I have been really pleased -- he's been absolutely accurate in all of his advice and I'm certainly counting on him in times to come as well.