Immigrant Visa

Not to be confused with the nonimmigrant visa, an immigrant visa entitles a foreign-born visitor to enter or legally stay in the US as a permanent resident. EB-5 investors while living abroad will get an immigrant visa once they get consular approval (based on the I-526 form). These visas allow immigrants to go to the US. After entering the US, a provisional permanent green card will be posted to the investor’s registered address in the US. To be eligible to become a permanent resident in the country, applications are assessed on the; Job Status, Family ties, Diversity Visa Lottery and Application for asylum

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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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