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US Permanent Resident

Immigrants who have acquired permission to live and reside in the US will receive a green card, declaring them a permanent resident. EB-5 investors receive permanent residency with certain conditions involved after approval of their I-485, Application for Adjustment of Status or their entry into the US on an immigrant visa issued to them during consular processing. You must have an approved I-829 petition to remove any conditions of residency to be declared a permanent residency prominence.

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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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