EB5 VISA
POWERPOINT PRESENTATION
GLOSSARY

   EB-5 VISA’S DEFINITION


   BENEFITS OF THE EB5 VISA


   TWO INVESTMENT OPTIONS TO OBTAIN A
    GREEN CARD
   EB-5 PROCEDURES
    ◦   Regional Center registration process
    ◦   Application Process
    ◦   Adjustment of Status or Consular processing
    ◦   Removal of conditions
    ◦   Filling fees



   INFORMATIONS
   IT’S  AS    AN    EMPLOYMENT-BASED
    IMMIGRANT VISA.

•   IT IS AN IMMIGRANT VISA ISSUED FOR
    HAVING MADE AN INVESTMENT IN THE
    UNITED STATES THAT CREATES JOBS FOR
    OTHERS.

•   IT IS OFTEN REFERRED TO AS THE
    EMPLOYMENT CREATION CATEGORY.
   THE EB-5 GREEN CARD IS A
    CONDITIONAL VISA FOR THE FIRST 2
    YEARS.
       AFTER 2 YEARS YOU MUST APPLY TO HAVE
       THE CONDITIONS REMOVED.


   THERE ARE NO RESTRICTIONS ON
    TRAVEL WHILE HOLDING THE GREEN
    CARD.
       HOWEVER, ONE MUST ALWAYS MAINTAIN
       RESIDENCY/DOMICILE IN THE USA.
   OBTAIN PERMANENT RESIDENCY IN THE
    USA.

   RECEIVE PRIORITY PROCESSING BEFORE
    OTHER IMMIGRATION CATEGORIES.

   HAVE THE RIGHT TO LIVE, WORK AND/OR
    RETIRE IN THE USA.
   CHILDREN BENEFIT FROM RESIDENTIAL
    TUITION FEES WHICH CAN BE AS LOW AS
    $5,000 FOR UNIVERSITY.

   WITHIN 5 YEARS OBTAIN ELIGIBILITY TO
    APPLY FOR US CITIZENSHIP AND THE
    AMERICAN PASSPORT.
CATEGORY                REGIONAL CENTER             STAND-ALONE EB-5
                                                              PROGRAM
                                                          TEA   1  Non TEA
Number of visas allotted               3,000                     10,000
per year
Minimum capital                     $500,000              $500,000     $1,000.000
investment
Funds must be obtained                  Yes                          Yes
from legal sources
Capital must be invested        Yes (Safe escrow                     Yes
prior to filing Form I-526
                                    account)
Employment creation
requirement includes direct
                                        Yes               No (direct jobs only)
and indirect jobs
Direct responsibility for      Investor is not directly      Investor is directly
job creation                  responsible for requisite   responsible for creating
                                    job creation            the requisite 10 new
                                                                    jobs
Direct responsibility for               No                           Yes
USCIS reporting
Business owner?               No (General Partner for                Yes
                                    the LLC)
CATEGORY              REGIONAL CENTER             STAND-ALONE EB-5
                                                            PROGRAM
                                                        TEA   1  Non TEA
Direct management of          Do not require direct     Require a high level of
business on a daily basis     management by the         involvement and daily
                            investor on a daily basis        management
Control concerning            Investors hold only        Investors hold a strong
resulting business            limited control and       level of control over the
                             responsibilities in the      resulting business and
                               resulting business              its functions
Approval of a Project by    Generally pre-approved       Determination made
USCIS                                                   after the review of the
                                                         economic feasibility
                                                                 report
Returns on the                   Fixed/Lower                Flexible/Higher
investment
Safety of the Investment      Yes (full amount of          No guarantees
in case of I-526 denial      $500,000 returned to
                                 the investor)
Mandatory permanent                   No                          Yes
residence in a state of
business investment
CATEGORY            REGIONAL CENTER           STAND-ALONE EB-5
                                                         PROGRAM
                                                     TEA   1  Non TEA
Professional assistance     Yes (by the qualified     Yes (You have to hire
with immigration process    team of the Regional      your own consultants)
                                  Center)

Cost                       One-time fee covers all   Evolving costs at various
                            expenses over next 5              stages
                                   years
I-526 Petition review by        2-3 months                 8-12 months
USCIS (in most cases)


Immediate family                    Yes                        Yes
members qualify for the
same status
Permanent Residence                 Yes                        Yes
Status after the removal
of conditions
Opportunity to become a             Yes                        Yes
U.S. citizen
1.   SELECT YOUR REGIONAL CENTER.

2.   SUBMISSION OF CONFIDENTIALITY
     DOCUMENTATION.

3.   SUBMISSION OF VALID TRAVEL
     DOCUMENTS.

4.   PRESENTATION OF INVESTMENT
     PROPOSAL.
5.   SUBSCIPTION AGREEMENT AND
     INVESTMENT.

6.   PREPARING AND SUBMITTING THE I-526
     PETITION.

7.   USCIS’S PROCESSING OF THE I-526
     PETITION.
1.   FILE A FORM I-526, PETITION BY ALIEN
     ENTREPRENEUR.

2.   UPON APPROVAL OF THE FORM I-526
     PETITION EITHER:

  FILE A FORM I-485, APPLICATION TO
   REGISTER PERMANENT RESIDENCE OR
   ADJUST STATUS.

  OR, FILE A DS-230, APPLICATION FOR
   IMMIGRANT VISA AND ALIEN REGISTRATION.
THE EB-5 INVESTOR IS GRANTED
CONDITIONAL PERMANENT RESIDENCE
FOR A TWO-YEAR (2) PERIOD:

 UPON THE APPROVAL OF THE I-485
 APPLICATION;

OR

 UPONENTRY INTO THE UNITED STATES
 WITH AN EB-5 IMMIGRANT VISA.
FILE FORM I-829, PETITION BY

ENTREPRENEUR TO REMOVE CONDITIONS,

90 DAYS PRIOR TO THE TWO-YEAR (2)

ANNIVERSARY OF THE GRANTING OF THE

EB-5 INVESTOR’S CONDITIONAL RESIDENT

STATUS.
ADJUSTMENT OF STATUS IF:


   THE INVESTOR IS ALREADY INSIDE THE
              UNITED STATES.
2   CONSULAR PROCESSING IF:

   THE INVESTOR IS NOT ALREADY IN THE
    UNITED STATES;
                     OR

 THE   INVESTOR IS IN THE UNITED STATES
    ONLY THROUGH THE VISA WAIVER
    PROGRAM;

                      OR

 THE   TEMPORY VISA OF INVESTOR IS LIKELY
    TO EXPIRE BEFORE HIS I-526 PETITION IS
    DECIDED.
FORM I-829, PETITION BY ENTREPRENEUR
 TO REMOVE CONDITIONS.


         THE PETITION MADE BY
 ENTREPRENEUR TO REMOVE CONDITIONS
 IF THE POSITIONS CAN BE EXPECTED TO
 LAST AT LEAST 2 YEARS.
DOCUMENTS MUST BE SUBMITTED:

1.   A COPY OF THE PERMANENT RESIDENT
     CARD.

2.   EVIDENCE TO SHOW THAT INVESTOR
     HAS MAINTAINED YOUR EB-5
     INVESTMENT.
3.   EVIDENCE OF JOB CREATION AS THE
     RESULT OF THE INVESTMENT.


4.   BIOMETRIC SERVICES (photograph,
     fingerprint and signature).
   I-924, APPLICATION FOR REGIONAL
    CENTER UNDER THE IMMIGRANT
    INVESTOR PILOT PROGRAM:

           $6,230.

   I-526, IMMIGRANT PETITION BY ALIEN
    ENTREPRENEUR:

           $1,500.
   I-485, APPLICATION TO REGISTER
    PERMANENT RESIDENCE OR ADJUST
    STATUS:

       $1070 ($985 + $85 biometric fee)

   I-829, PETITION BY ENTREPRENEUR TO
    REMOVE CONDITIONS:

       $3,835 ($3,750 + $85 biometric fee)
ADDITIONAL FEES FOR
REGIONAL CENTERS WHICH IS
DIFFERENT ACCORDING TO DIFFERENT
REGIONAL CENTER IF THE IMMIGRANT
INVESTOR PILOT PROGRAM IS SELECTED.
INFORMATIONS


  1 TEA: a rural area with a population less
than 20,000 or a high-unemployment area.



  2   Consular processing means the investor
 will need to apply to obtain the immigrant
visa through a US consulate in his home
 country.
Brownstein, Brownstein & Associates.

Canadian Head Office: Montreal

6000 Cote-Des-Neiges Suite 590
Montreal, Quebec, Canada H3S 1Z8
T: (514) 939-9559
F: (514) 939-2289
Email: contact@brownsteinlaw.com

Eb5 visa

  • 1.
  • 3.
    GLOSSARY  EB-5 VISA’S DEFINITION  BENEFITS OF THE EB5 VISA  TWO INVESTMENT OPTIONS TO OBTAIN A GREEN CARD
  • 4.
    EB-5 PROCEDURES ◦ Regional Center registration process ◦ Application Process ◦ Adjustment of Status or Consular processing ◦ Removal of conditions ◦ Filling fees  INFORMATIONS
  • 6.
    IT’S AS AN EMPLOYMENT-BASED IMMIGRANT VISA. • IT IS AN IMMIGRANT VISA ISSUED FOR HAVING MADE AN INVESTMENT IN THE UNITED STATES THAT CREATES JOBS FOR OTHERS. • IT IS OFTEN REFERRED TO AS THE EMPLOYMENT CREATION CATEGORY.
  • 7.
    THE EB-5 GREEN CARD IS A CONDITIONAL VISA FOR THE FIRST 2 YEARS. AFTER 2 YEARS YOU MUST APPLY TO HAVE THE CONDITIONS REMOVED.  THERE ARE NO RESTRICTIONS ON TRAVEL WHILE HOLDING THE GREEN CARD. HOWEVER, ONE MUST ALWAYS MAINTAIN RESIDENCY/DOMICILE IN THE USA.
  • 9.
    OBTAIN PERMANENT RESIDENCY IN THE USA.  RECEIVE PRIORITY PROCESSING BEFORE OTHER IMMIGRATION CATEGORIES.  HAVE THE RIGHT TO LIVE, WORK AND/OR RETIRE IN THE USA.
  • 10.
    CHILDREN BENEFIT FROM RESIDENTIAL TUITION FEES WHICH CAN BE AS LOW AS $5,000 FOR UNIVERSITY.  WITHIN 5 YEARS OBTAIN ELIGIBILITY TO APPLY FOR US CITIZENSHIP AND THE AMERICAN PASSPORT.
  • 12.
    CATEGORY REGIONAL CENTER STAND-ALONE EB-5 PROGRAM TEA 1 Non TEA Number of visas allotted 3,000 10,000 per year Minimum capital $500,000 $500,000 $1,000.000 investment Funds must be obtained Yes Yes from legal sources Capital must be invested Yes (Safe escrow Yes prior to filing Form I-526 account) Employment creation requirement includes direct Yes No (direct jobs only) and indirect jobs Direct responsibility for Investor is not directly Investor is directly job creation responsible for requisite responsible for creating job creation the requisite 10 new jobs Direct responsibility for No Yes USCIS reporting Business owner? No (General Partner for Yes the LLC)
  • 13.
    CATEGORY REGIONAL CENTER STAND-ALONE EB-5 PROGRAM TEA 1 Non TEA Direct management of Do not require direct Require a high level of business on a daily basis management by the involvement and daily investor on a daily basis management Control concerning Investors hold only Investors hold a strong resulting business limited control and level of control over the responsibilities in the resulting business and resulting business its functions Approval of a Project by Generally pre-approved Determination made USCIS after the review of the economic feasibility report Returns on the Fixed/Lower Flexible/Higher investment Safety of the Investment Yes (full amount of No guarantees in case of I-526 denial $500,000 returned to the investor) Mandatory permanent No Yes residence in a state of business investment
  • 14.
    CATEGORY REGIONAL CENTER STAND-ALONE EB-5 PROGRAM TEA 1 Non TEA Professional assistance Yes (by the qualified Yes (You have to hire with immigration process team of the Regional your own consultants) Center) Cost One-time fee covers all Evolving costs at various expenses over next 5 stages years I-526 Petition review by 2-3 months 8-12 months USCIS (in most cases) Immediate family Yes Yes members qualify for the same status Permanent Residence Yes Yes Status after the removal of conditions Opportunity to become a Yes Yes U.S. citizen
  • 17.
    1. SELECT YOUR REGIONAL CENTER. 2. SUBMISSION OF CONFIDENTIALITY DOCUMENTATION. 3. SUBMISSION OF VALID TRAVEL DOCUMENTS. 4. PRESENTATION OF INVESTMENT PROPOSAL.
  • 18.
    5. SUBSCIPTION AGREEMENT AND INVESTMENT. 6. PREPARING AND SUBMITTING THE I-526 PETITION. 7. USCIS’S PROCESSING OF THE I-526 PETITION.
  • 20.
    1. FILE A FORM I-526, PETITION BY ALIEN ENTREPRENEUR. 2. UPON APPROVAL OF THE FORM I-526 PETITION EITHER:  FILE A FORM I-485, APPLICATION TO REGISTER PERMANENT RESIDENCE OR ADJUST STATUS.  OR, FILE A DS-230, APPLICATION FOR IMMIGRANT VISA AND ALIEN REGISTRATION.
  • 21.
    THE EB-5 INVESTORIS GRANTED CONDITIONAL PERMANENT RESIDENCE FOR A TWO-YEAR (2) PERIOD:  UPON THE APPROVAL OF THE I-485 APPLICATION; OR  UPONENTRY INTO THE UNITED STATES WITH AN EB-5 IMMIGRANT VISA.
  • 22.
    FILE FORM I-829,PETITION BY ENTREPRENEUR TO REMOVE CONDITIONS, 90 DAYS PRIOR TO THE TWO-YEAR (2) ANNIVERSARY OF THE GRANTING OF THE EB-5 INVESTOR’S CONDITIONAL RESIDENT STATUS.
  • 24.
    ADJUSTMENT OF STATUSIF:  THE INVESTOR IS ALREADY INSIDE THE UNITED STATES.
  • 25.
    2 CONSULAR PROCESSING IF:  THE INVESTOR IS NOT ALREADY IN THE UNITED STATES; OR  THE INVESTOR IS IN THE UNITED STATES ONLY THROUGH THE VISA WAIVER PROGRAM; OR  THE TEMPORY VISA OF INVESTOR IS LIKELY TO EXPIRE BEFORE HIS I-526 PETITION IS DECIDED.
  • 27.
    FORM I-829, PETITIONBY ENTREPRENEUR TO REMOVE CONDITIONS. THE PETITION MADE BY ENTREPRENEUR TO REMOVE CONDITIONS IF THE POSITIONS CAN BE EXPECTED TO LAST AT LEAST 2 YEARS.
  • 28.
    DOCUMENTS MUST BESUBMITTED: 1. A COPY OF THE PERMANENT RESIDENT CARD. 2. EVIDENCE TO SHOW THAT INVESTOR HAS MAINTAINED YOUR EB-5 INVESTMENT.
  • 29.
    3. EVIDENCE OF JOB CREATION AS THE RESULT OF THE INVESTMENT. 4. BIOMETRIC SERVICES (photograph, fingerprint and signature).
  • 31.
    I-924, APPLICATION FOR REGIONAL CENTER UNDER THE IMMIGRANT INVESTOR PILOT PROGRAM: $6,230.  I-526, IMMIGRANT PETITION BY ALIEN ENTREPRENEUR: $1,500.
  • 32.
    I-485, APPLICATION TO REGISTER PERMANENT RESIDENCE OR ADJUST STATUS: $1070 ($985 + $85 biometric fee)  I-829, PETITION BY ENTREPRENEUR TO REMOVE CONDITIONS: $3,835 ($3,750 + $85 biometric fee)
  • 33.
    ADDITIONAL FEES FOR REGIONALCENTERS WHICH IS DIFFERENT ACCORDING TO DIFFERENT REGIONAL CENTER IF THE IMMIGRANT INVESTOR PILOT PROGRAM IS SELECTED.
  • 34.
    INFORMATIONS 1TEA: a rural area with a population less than 20,000 or a high-unemployment area. 2 Consular processing means the investor will need to apply to obtain the immigrant visa through a US consulate in his home country.
  • 35.
    Brownstein, Brownstein &Associates. Canadian Head Office: Montreal 6000 Cote-Des-Neiges Suite 590 Montreal, Quebec, Canada H3S 1Z8 T: (514) 939-9559 F: (514) 939-2289 Email: contact@brownsteinlaw.com