The Art of Presenting your EB-5 Petition
Since EB-5 petitioners invest a great deal of wait-time and wealth into their petitions, it is crucial to make an optimal presentation to the USCIS in the investors’ cases. EB-5 petitions possess a complex business component. Yet most USCIS adjudicators do not themselves have a business background.
EB-5 Visa Backlog
Since its inception in 1990, not much has changed with the EB-5 program. For example, the investment amount has remained $500,000 (for Targeted Employment Areas) and $1,000,000 respectively. Equally as notable, the number of visas issued every year has remained at 10,000.
Strengthening Your EB-5 Petition
The EB-5 program was designed to stimulate the economy via foreign investment. However, despite the benefit to the economy, the US Citizenship and Immigration Service (USCIS) does not roll out the red carpet to these investors. Rather USCIS scrutinizes these petitions heavily, and so it is vital to prepare your EB-5 petition thoroughly and carefully.
EB-5 Visa - Investing your way to a Green Card
Now more than ever, with the slowdown of the global economy, investors from around the world are looking to preserve their capital in a reliable and safe haven. Despite its economic challenges, the United States, still offers the best place to live and invest. Thus, the EB-5 Visa, an abbreviation for the 5th preference employment-based category, is increasingly popular nowadays. Currently, the Immigration and Nationality Act allows 10,000 immigrant visas per year for the EB-5, which are available to qualified individuals seeking permanent resident status on the basis of their engagement in a new commercial enterprise.
EB-5 Visas: Investing to Permanent Residency
During this time of economic challenges, any immigration policy must make economic and political sense. One such program is the EB-5, which is the fifth preference of the Employment-based classification of visas.