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Green Card

This is the colloquial term for the US permanent resident card. Individuals with a valid green card are lawful permanent residents of the US. Permanent residents can live and work in the US permanently. The card is documentation that permits permanent residency in the US which can lead to citizenship within a three to five-year period of time. EB5 participants can obtain a conditional green card, leading to unconditional permanent resident status.

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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 December, and continues to work with international families that want to explore alternative residency options.

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