Best Dates to Apply for the EB-5 Immigrant Investor Program
The EB-5 Immigrant Investor Program, also known as an investor visa, allows individuals to apply for a Green Card to live with their family in the United States. It’s a long process that includes several phases, so it’s important to know at what time of year it’s best to apply for this program.
What is the EB-5 Immigrant Investor Program?
The EB-5 is an investor immigration program created by the U.S. Congress in 1990 and recently updated since March 2022. It aims to stimulate the North American economy through new jobs and capital investment by stakeholders.
How does this work? Foreign investment should go towards a project structured especially for the EB-5 program. Compliance with standards such as job creation and the participation of relatively new companies is essential here. (Created after November 29, 1990.)
Once these requirements have been met, there are 4 steps for which the investor should be prepared. And that will guide the process of eventually becoming a permanent U.S. resident.
Among them, Form I-526, which demonstrates that the corresponding investment has already been made, and Form DS-260, which will allow the immigrant visa to be applied for. Among other objectives.
It is important to consider that the minimum amount to invest under U.S. law is US800,000. And the normal attainment period is approximately 2 years, which can be reduced if the project is located in a rural or low employability area.
Best Time of Year to Apply for the EB-5 Program
USCIS, or U.S. Citizenship and Immigration Services, may grant the Green Card for two years and then extend status for up to 10 years. After this period, it is necessary to renew it or start the citizenship process if the interested party meets the requirements.
Getting a Green Card is basically the first step in applying for U.S. citizenship. This after being a beneficiary for at least 5 years of American residence.
And so that the process can be a little more expeditious, it is recommended to apply after the end of the fiscal year in the United States, which is September 30 of each year, so that all available entries can be eligible each year. This recommendation is valid for obtaining various types of visas in the USA.
Nearly 10,000 Green Cards are available to foreign investors each fiscal year.
Investing in BAI Capital is investing in the United States
As we have seen, one of the biggest benefits of investing in the USA is the ability to enter the EB-5 program. And in this way obtain the permanent residence permit, or Green Card.
BAI Capital or Become American Investor LLC is a boutique firm with more than 12 years of experience. Specialized in raising, investing and managing private equity. Primarily for capital investments in real estate development projects in the United States.
All BAI Capital real estate projects are under EBEB-5 program rules and regulations. So investing in BAI Capital allows investors to receive the Green Card. And with this, enjoy the benefits of nationality.