Do not worry! We have simplified the EB-5 Visa process stages for you to understand the different stages and make an informed decision. These are various stages to the EB-5 Visa Program:
1) To invest under the EB-5 Investor Visa program, the investors are required to complete Initial Pre-Subscription Documentation with us after satisfying themselves with the EB-5 process.
2) Parallelly, the investors are required to hire the services of a dedicated law firm (we at TC Global will be happy to recommend a suitable law firm) to work on their Source of Funds documents. Depending on the complexity as well as the documentation, this process roughly takes 3-6 weeks to get completed.
3) Once the Source of Funds (SoF) documentation is complete, the law firm gives the client a go-ahead to wire the investment amount to an escrow account in the U.S.A. After this step, the first petition, namely I-526is filed with the United States Citizenship and Immigration Services (USCIS), which is the U.S. federal agency that oversees lawful immigration to the United States.
4) Post this step, the USCIS reviews the I-526 documents along with all the submitted proofs and arguments by the investment. The process of adjudication takes approximately 12 to 18 months before the I=526 petition is approved by USCIS.
5) Once the I-526petition is approved by USCIS, the investor can go for Consular Processing (CP) or Adjustment of Status (AoS) depending on if he/she is in India or the U.S to get the passport stamped with the EB-5 Visa.
6) To pursue either one of these processes, the waitlist status for the Investor’s country needs to be current. Indian Investors would currently be subject to a waitlist period, which our Investment Team will be able to explain in detail during 1-on-1 discussions.
7) The EB-5 visa, once confirmed with a stamp on the investor’s passport allows him/her and the family to stay in the U.S.A. for 2 years on a Conditional Green Card (CGC).
8) Prior to the expiry of the Conditional Green Card, primarily in the twenty-first month, the investor is required to file a second petition (I-829)with the USCIS through a law to have the conditions removed and request for an Unconditional Green Card (UCC).
9) After the I-829 is filed with the USCIS, the Conditional Green Card is extended till the time USCIS is adjudicating the petition. This process essentially takes between 18 and 24 months from the date of filing the petition.