Soliman Law offers advice and counsel to the investor seeking immigrant status on the legal aspects of EB-5 visa investments.
The EB-5 visa for Immigrant Investors is a United States visa created by the Immigration Act of 1990. This visa provides an avenue to obtain a green card for foreign nationals who invest money in the United States, thus creating a mutual benefit for both the U.S. and the investor. To obtain the visa, individuals must invest $1,000,000 (or at least $500,000 in a “Targeted Employment Area”—high unemployment or rural area) and create at least 10 jobs for U.S workers, excluding the investor(s) and their immediate family.
There are several EB-5 visa investment options. The investor can create an entirely new commercial enterprise or make investments directly in a job-generating commercial enterprise, or invest funds into a “Regional Center”, which is a 3rd party-managed investment vehicle that assumes the responsibility of creating the requisite number of jobs. A “Regional Center” is defined as any economic entity, public or private, which is involved with the promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment. Foreign investors may also invest in establishing an EB-5 Regional Center.
If the foreign investor’s EB-5 immigration petition (I-526) is approved, the investor and his or her dependents can apply for adjustment of status (I-485) if they are physically present in the US or apply for an immigrant visa to enter the US. The approval of I-485 gives the investor conditional permanent residency in the United States for two years. The investor must submit evidence documenting that the full required investment has been made and that 10 jobs have been maintained, or 10 jobs have been created or will be created within a reasonable time period.
Soliman Law offers advice and counsel to the investor seeking immigrant status on the legal aspects of the investment. Rania Soliman is uniquely qualified to understand the needs of those who seek permanent residency in the United States having immigrated into the United States many years ago from Cairo, Egypt.
Contact us today at 407.637.5416 to determine if our firm can meet your needs!
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