Obtain Permanent Residency Based on Investment with an EB-5 Visa
At The Lozano Law Firm, we help investors and entrepreneurs (and their spouses and children) obtain Green Cards for lawful permanent residence in the U.S. with an EB-5 visa. An EB-5 visa is the fifth preference category for employment-based immigrant visas. As you may have guessed, only a limited number of EB-5 visas are granted each year, and competition for a Green Card through this process can be fierce. Read on for more information about obtaining an EB-5 visa, and how The Lozano Law Firm can help.
EB-5 Visa Requirements
EB-5 visas are granted for the purpose of investing in a “new commercial enterprise” in the U.S. Generally speaking, you must invest at least $1,000,000, or $500,000 if the location of the business is in an area of exceptionally high unemployment or in a targeted rural area. The investment must also either create at least ten permanent full-time jobs for qualified U.S. workers or preserve at least ten jobs in a troubled business, and there are requirements regarding the level of involvement which the investor must have in the day-to-day management of the enterprise.
Invest in a Regional Center through the Immigrant Investor Program
Investing in a business located inside a designated Regional Center is another option for the EB-5 immigrant investor. There are currently over 800 approved regional centers in the U.S., including about 64 in the state of Texas alone. A certain number of EB-5 visas are set aside every year and granted specifically to entrepreneurs who invest in a business located within an approved regional center.
Self-Petition Available for EB-5 Investors
While most employment-based petitions must be sponsored by an employer or some other individual, the law allows an EB-5 applicant to self-petition, although this process involves many steps, including an I-526 Petition for Alien Entrepreneur, an I-485 application to adjust status or an application through the U.S. Embassy or Consulate for an immigrant visa, and an I-829 Petition by Entrepreneur to Remove Conditions. The timing of these petitions is important in order to successfully obtain a Green Card through this process. Immigration attorney Alfredo Lozano helps immigrant investors through the entire process, from preparing and reviewing all required petitions, forms and supporting documentation, to representing the client in adjustment of status hearings or other proceedings as needed.
In South Texas, Call the Lozano Law Firm for Practical Advice and Expert Assistance with EB-5 Visas
For more information about the Immigrant Investor Program, or to get started on your petition for an EB-5 visa, contact The Lozano Law Firm at 325-227-6736 in San Antonio or 210-507-3348 in San Angelo. Experienced immigration attorney Alfredo Lozano will personally handle all the key aspects of your application and guide you through the entire process from start to success.