EB-5 PROCESS REQUIREMENTS FOR SUCCESSFUL EB-5 Investment of $1 million USD or $500,000 in certain cases Investment must be ‘At Risk’ Investor must have certain decision making ability in new enterprise. Creation of 10 full time jobs for US Workers BENEFITS OF EB-5 Conditional Residency for initial 2 years for investor and immediate family Free entry and exit of United States Resident based tuition for family members No more visas at consulates US Citizenship in 5 years STEP 1 : INFORMATION GATHERING Prove capability of investor- financial means Demonstrate legal source of funds with documentation Business plan to show requirements will be met within 2 years Develop a story that is easy for USCIS to understand STEP 2: FILE I-526 PACKAGE WITH USCIS Package to include forms and all evidence Fees: $1500.00 Current processing time about 13 months Attorney handles all requests for information STEP 3: ADUSTMENT OF STATUS OR CONSULATE After approval of I-526 submission for adjustment or consulate processing to obtain conditional residency USCIS Fees: Vary depending on originating country and adjustment v. consulate Ranges from $500 $1070 Conditional residency granted for 2 year period, after two years I-829 must be filed STEP 4: FILE I-829 FOR LONG TERM RESIDENCE 90 days before expiration of conditional residency, I-829 must be filed to prove original requirements were met ($1million and 10 Jobs) USCIS Filing fees: $3,835.00 (plus $85.00 biometrics fee per person) STEP 5: APPLY FOR US CITIZENSHIP IF DESIRED After 5 years as long term resident, investor may apply for US Citizenship or may remain resident. QUESTIONS?