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Eb5 Investors Should Get an Idea of How Long the Process Takes Before Applying

If you plan to use the eb5 visa to get to the United States, you are likely eager to get started. This is a good thing, since the sooner you start the process, the sooner you will be a resident of the U.S. However, moving here can be a major change, which means you should plan as much as possible before even applying. In general, it is a good idea for eb5 investors to know approximately how long it will take before they are approved.

Though the timing varies depending on your immigration lawyer and your particular case, you can expect it to take anywhere from nine to fifteen months. During this time, it will be determined whether you got the money legally. You can also expect to have to get some medical, criminal, and overall background checks to be able to stay in this country. Any family that came with you will be subject to the same.

Once you are approved, you will get a conditional green card for the first two years that you are in the U.S. If you are not yet in the United States, you will need to enter the country within the next six months. Your next step is to try to establish residency, which usually includes getting a driver’s license and a social security number, paying any required taxes, opening a bank account, and either renting or purchasing a house.

Eb5 investors are required to stay in the U.S. under the conditional green card for about two years. During this time, it will be determined whether you invested in a project approved by the USCIS, and also whether you created at least ten fulltime jobs. The good news is that at this point, if you did everything right, you can then apply to get the conditions taken off of your green card. You will then become a United States resident. This usually takes about three months to get approved.

If you consider all the steps involved, you could be in the U.S. within the next year if things go as planned. You could then become a resident within about three years in total. It is for this reason that many eb5 investors choose this route, as many other ways to get to this country take several years. As long as you have the money for the initial investment and a good immigration attorney, you and your family could be enjoying life in the United States in less than a year and a half.

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