What You Need to Know about EB-5 Investor Visas in Houston, TX
EB-5 visas give investors a pathway toward obtaining lawful permanent residency status in the United States. Toppins Law Firm, P.C., we assist clients in all aspects of immigration law. On this page, we have compiled answers to questions our attorney frequently hears about EB-5 investor visas in Houston, TX.
How do I qualify for an EB-5 visa?
To qualify for an EB-5 visa, applicants must intend to invest $1.8 million, or, if the business will be located in a Targeted Employment Area where the government wishes to stimulate economic growth, $900,000. Additionally, the investor must commit to hiring 10 full-time employees unless the business is part of a designated Regional Center.
What is a Regional Center?
A regional center is defined as an economic unit, which can refer to private entities as well as states, where investors can pool their resources and help to develop larger projects. Jobs that are created both directly and indirectly by the investment will count toward the employee requirement.
What are the benefits of investing through Regional Centers?
This option allows the investor to live anywhere in the United States, does not require the investor to be an active partner in the enterprise, does not require the investor to document the creation or preservation of 10 jobs, and involves projects that have already been approved by the U.S. Citizenship and Immigration Services (USCIS).
How do I qualify for an EB-5 investor visa?
First, you must file a petition with the USCIS. If approved, you and your family will receive 2-year conditional residential status. During the final 90 days of this conditional status, you will have to file another petition showing you have fulfilled your obligations in order to receive lawful permanent resident status. If you have any questions, please reach out to our law firm.