There’s been some discussion about the EB-5 Investor Visa on this blog, without any real discussion of what one should do to acquire an EB-5 visa.
Generally, the EB-5 Investor Visa requires two things (this is VERY general):
1) An initial investment into a new business enterprise of $1,000,000 (one million US dollars) in the United States.
2) And in the process of accomplishing the above, create 10 full time jobs for US citizens or US permanent residents.
One can reduce the required amount of $1,000,000 to just $500,000 (five hundred thousand dollars) in one of two ways:
a) Invest in a rural area or an area where the employment is 150% of the national average; OR
b) Go through an EB-5 Regional Center.
As noted in other posts, the future of the EB-5 Regional Center has not been decided by the new administration (currently it is set to sunset around March).
And the EB-5 should not be mixed up with the temporary visa E-2. The EB-5 allows the foreign national to acquire permanent residence (along with the immediate family as well).
The grant of permanent residence, is conditional (almost like a marriage greencard). One has to file another petition to make the green card permanent in two years time, where the USCIS will review the petition once more.
The problem for most people is the amount of capital required (different from the E-2 visa, which doesn’t have a set monetary amount). And the fact that one has to be involved quite a bit in the day to day operations (please compare to the EB-5 Regional Center, which has different requirements).