--- title: What are the eligibility requirements for obtaining an EB-5 visa and how long does the application process typically take? description: Looking to obtain an EB-5 visa? Find out about the eligibility requirements and typical application process duration in our blog published by Legal Faqs, your go-to source for legal information. Our experts share insights and tips to help you navigate the EB-5 visa application successfully. image: https://www.legalfaq.ai/hubfs/LegalFAQ/immigration-legalFAQs.jpg --- [Skip to content](https://www.legalfaq.ai/faqs/what-are-the-eligibility-requirements-for-obtaining-an-eb-5-visa-and-how-long-does-the-application-process-typically-take#main-content) [LegalFAQ.ai](https://www.legalfaq.ai/) - [Home](https://www.legalfaq.ai) - [Blog](https://www.legalfaq.ai/blog) - [FAQ Library](https://www.legalfaq.ai/faqs/all) Open main navigation Close main navigation - [Home](https://www.legalfaq.ai) - [Blog](https://www.legalfaq.ai/blog) - [FAQ Library](https://www.legalfaq.ai/faqs/all) - [Ask a question](https://www.legalfaq.ai/ask) [Ask a question](https://www.legalfaq.ai/ask) [All posts](https://www.legalfaq.ai/faqs/all) April 16, 2023 # What are the eligibility requirements for obtaining an EB-5 visa and how long does the application process typically take? ![Picture of Chris Battis](https://www.legalfaq.ai/hs-fs/hubfs/battis-mug.jpg?width=50&name=battis-mug.jpg) By  [Chris Battis](https://www.legalfaq.ai/faqs/author/chris-battis)  ·  1 minute read In order to obtain an **EB-5 visa**, an individual must meet certain eligibility requirements. The primary requirement is that the applicant must invest at least **$1,800,000** in a new commercial enterprise that creates **10 full-time jobs** for U.S. workers. If the investment is made in a **targeted employment area (TEA)**, which is an area that has high unemployment or is located in a rural area, the investment can be reduced to **$900,000**. Additionally, the applicant must demonstrate that the investment funds were obtained legally and that they have sufficient funds to make the investment. The investor must also be able to demonstrate that they have no intention of using the investment to simply purchase a residence in the U.S. The application process for an EB-5 visa can take anywhere from **16 to 24 months** and involves several steps. The first step is to file a **Form I-526** with United States Citizenship and Immigration Services (USCIS). This form demonstrates that the investor has made the required investment and that the investment will create 10 full-time jobs for U.S. workers. Once the **Form I-526** is approved, the investor must file **Form I-485** to adjust their status to that of a conditional permanent resident in the U.S. If the investor is outside of the U.S., they must apply for an immigrant visa at the U.S. consulate in their home country. After two years, the investor can apply to have the conditions on their permanent residency removed by filing **Form I-829**. This form must demonstrate that the investor has maintained their investment and that the investment has created the required jobs. It is important to note that there may be limitations and exceptions to the eligibility requirements for an EB-5 visa, depending on the specific circumstances of the investor. If an investor has questions or concerns about their eligibility, they should consult with an experienced immigration attorney who can provide guidance on their specific situation. 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