Green Card Holder

A green card holder is a lawful permanent resident of the US who does not have any expiration date or conditions attached to his or her permanent residency. An EB-5 investor applicant becomes a green card holder after his I-829 petition to remove conditions is approved. A green card is the card given to lawful permanent residents. Today it is not green in color; however, during the time immediately after World War II, immigrants who were approved for residency were sent a green slip in the mail. This is how it became known as a green card.

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EB-5 Program Update:

The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.

If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.

LCR expects the program to be reauthorized in February 2022, and continues to work with international families that want to explore alternative residency options.

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