How long does it take to get money out of EB-5 investments?

[Source: Which EB5; Guest blog by attorney Anthony Olson]

One of the top questions in the mind of every prospective EB-5 investor is “How long does it take to get my money out of the EB-5 investment?” To answer that question, we have to examine that question from three primary perspectives: 1) immigration legal requirements for how long the investment must be maintained; 2) contractual legal restrictions; and 3) market, economic obstacles to cashing out of the investment.

USCIS requires that the $500,000 of investment funds and the program fee charged by the regional center be paid either into escrow, pending the approval or denial of the I-526 petition, or paid directly into the EB-5 enterprise before the I-526 petition can be filed. Therefore, the funds must be held in escrow or in the EB-5 project the entire time that the I-526 petition is pending, which can range from one month to one year. From recent experience in 2012 and 2013, the processing times have gone up from 4-6 months to 10-12 months. Once the I-526 petition is approved, USCIS requires that the investment be maintained until USCIS approves the I-829 petition to remove conditions from the conditional permanent residence. This means that we need to add another 3-6 months (sometimes longer) for consular processing of an immigrant visa or adjustment of status in the U.S. in order to begin the two-year period of conditional permanent residence. Then, in the final 90 days of the two-year period, the EB-5 investor must file the I-829 petition to remove conditions from the conditional permanent residence. It typically takes anywhere from 2 months to 10+ months for USCIS to decide the I-829 petition. So, if we figure the processing times on the longer end, with 10 months for the I-526 petition, 6 months for the consular processing, 2 years of conditional permanent residence, and 6 months for the I-829 petition, then we have 46 months, which is just 2 months short of 4 years. I generally tell clients to figure on 3.5 to 4 years to go through the EB-5 immigration process from start to finish, which is how long the client’s funds must be tied up due to immigration legal requirements.

Finishing reading the article here

Creating US Jobs and changing lives

 [Courtesy of:ByCommunications/Youtube]

The United States has always been a melting pot for foreign immigrants that dates back to our forefathers. The beliefs and ideals of capitalism made the United States what it is today, free to achieve dreams and aspirations. An EB-5 investment is used for the sole use of creating US JOBS and economic development in the United States. Foreign entrepreneurs looking to gain United States residency can use the USCIS EB-5 Immigration Investor Visa program.

Some key benefits of a EB-5 Visa program are:
· Any family member with an EB-5 Green Card can enter the U.S. anytime and stay as long they wish.
· Your spouse and unmarried children under the age of 21 will have admittance to the U.S.
· As a permanent resident, you and your family can benefit from lower college tuition costs and the best education in the world.
· You and your family may work, live, and establish a business anywhere in the United States.
·  Permanent residency requires no renewal or re-application, except for a processing fee.

For more information on the USCIS EB-5 Immigration Investor program and investment options,

 

CONTACT EMPIRE STATE EB5 REGIONAL CENTER TODAY!

2815 Monroe Avenue, Suite 2100

Rochester, New York 14618

Tel: (866) 763-6515

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EB-5 investors inject money into American charter schools

 
(Source: Newsmax) With the financial ups and downs over the past few years charter schools in the United States have seen some of its darkest times. The difficult step for these charter schools to hurdle is initial start up costs for new schools to open. The avenue that many schools are looking into is foreign investment: USCIS EB-5 Immigration Investor program. The EB-5 program participants can get a temporary visa by investing $500,000 to $1 million in a federally approved business. If the business creates or preserves at least 10 jobs in two years, the investor and his immediate family are eligible for permanent residency in the United States. More and more foreign investors are investing into charter schools in New York, Florida, Arizona, and others states.

Read the complete article on EB-5 investment in American charter schools here - http://www.newsmax.com/US/overseas-investors-green-cards/2012/10/12/id/459727

Charter schools who are in need of start up capital or funding for renovations, contact us today.

2815 Monroe Avenue, Suite 2100
Rochester, New York 14618
Tel: (866) 763-6515

WEBSITE HERE or EMAIL HERE