- The EB-5 green card is initially conditional. This means that once the green card is received, the U.S. immigrant investor must meet the EB-5 program conditions of number of employees hired within the two years following the investment. If the 10 new positions have not been created, the green card will be cancelled.
- Like any other immigration program, not all applications for the >U.S immigrant Investor program (EB-5) are accepted. Due to previous fraudulent applications in this category, application review has become more stringent.
- If the applicant has sufficient funds to complete the required investment and proves that the business investment is in process for the EB-5 immigration program, the applicant is not required to have any business training or experience compared to other
- Applicants can invest their money in a business anywhere in the U.S., however, the applicant must maintain their investment as well as prove active management of the company until the unconditional green card is received.
- Once an unconditional green card is obtained, the immigrant investor can choose to work for another company, or stop work altogether.
- Green card holders must actually reside in the U.S. to fulfill the permanent residency requirements.
- The spouse and dependent children of an applicant can also obtain residency permits
(green cards) as accompanying dependents. - Green cards can be taken away and the holder may even be deported if caught misusing it. There are several reasons a green card can be taken away, for example living outside of the U.S. for too long and criminality.
- If a green card holder lives in the U.S. for 5 years continuously, the individual may then apply for U.S. citizenship. The two years of residency in the U.S under the conditional green card period is included in the five years.
Feel free to fill out our Free Assessment, and find out if you qualify under any of the business immigration programs offered.