What are the eligibility criteria for obtaining an EB-5 investor visa?
Eligibility criteria for obtaining an EB-5 investor visa
As a lawyer, I can provide you with the eligibility criteria for obtaining an EB-5 investor visa:
Criteria to be eligible for an EB-5 visa:
- Investment: The individual must make an investment of at least $1.8 million, or $900,000 if the investment is made in a targeted employment area (TEA). The investment must be in a new commercial enterprise, which can be a sole proprietorship, partnership, corporation, or other entity.
- Job Creation: The investment must create at least 10 new full-time jobs for U.S. workers within two years of the investor’s admission to the United States.
- Lawful Source of Funds: The individual must demonstrate that the investment funds were obtained from a lawful source. Evidence of the source of funds will be required, such as tax returns, bank statements, and other financial documents.
- Admissible to the United States: The individual must be admissible to the United States, which means they must not have any criminal convictions or other disqualifying factors.
If the applicant meets these eligibility criteria, they may apply for an EB-5 visa. However, it is important to note that there is a limited number of EB-5 visas available each fiscal year and demand may exceed supply. Additionally, the application process can be complex and may require the assistance of a knowledgeable immigration attorney to navigate successfully.