When considering whether or not to apply for the EB-5 visa by themselves, investors must make a critical decision for their future. While the EB-5 investor visa request process is not necessarily extremely complicated, it does demand a lot of attention and preparation from the investor. In order for the request to be approved by the United States Citizenship and Immigration Services (USCIS), the investor must present extensive documentation to prove that all requirements have been met. These documents include providing a considerable amount of evidence establishing the source of funds for the investment.
Presenting all of the required documents to establish the source of funds is one of the most common problems for investors who haven’t prepared enough before applying. The consequence of which is a longer investment and immigration process overall. With the recommended assistance – help from immigration lawyers who are experienced with the EB-5, adequate tax planning, and the help of a trustworthy Regional Center – the entire Green Card request process becomes quicker and much more organized.
Another complicated factor in applying for the EB-5 visa without any assistance is investment planning. Seeking the help of a Regional Center allows you to find a business model which can meet your objectives and, at the same time, mitigates the concern on meeting all of the EB-5 program requirements. An example of a specific requirement for the program would be the creation of ten new American jobs for each investor.
In general, the process can take anywhere between 10 and 24 months until the temporary Green Card is issued. It takes around three months to prepare all the documentation and finalize the application process. Then, USCIS reviews the application which can take an additional 6 to 14 months. During this period, there are also interviews at the Consulate and Immigration office. Without assistance, there is no way of predicting how long it will take to issue the Conditional Green Card and you can not guarantee the removal of the conditions, which depend solely upon the results of the projects and the fulfillment of the program’s requirements.
To learn more about the EB-5 program contact LCR!