How long does it take to get a green card through EB 5?

How long does it take EB-5 to process 2021?

EB-5 visa processing time for India for I-526 Immigrant petition ranges between 29.5 and 61 months, as of August 2020, USCIS processing estimates. For investors present in the USA, I-485 Processing time of USA investment Green card application to Adjust Status is 7 to 29 months depending on the service center.

Does EB5 lead to green card?

The EB5 visa is essentially a green card through investment. Investors are rewarded with a green card (after two years), although these are limited to 10,000 applicants per year with 5,000 of this total reserved for regional centres.

How long does it take for EB to be approved?

The USCIS reports the most current EB-1 processing times. Generally, the government processing time for the EB-1 Visa is about 8 months. Once the EB-1 has been approved, the government takes about 6 months to issue permanent residence. These times are only available if the EB-1 category is current.

How long does it take to get your green card 2020?

It takes 7 to 33 months to process a Green Card application.

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The Green Card processing time depends on the type of Green Card you are applying for, the location of the processing office and other factors. Family Preference Green Cards processing takes from 1 to 10 years depending on the wait time and yearly caps.

Is EB-5 still available?

Under the vacated rule published by the U.S. Department of Homeland Security, several changes to the EB-5 Immigrant Investor Program that went into effect Nov. 21, 2019 are no longer in effect.

How do I get green card EB-5?

Steps to Obtain an EB-5 Green Card

  1. Step 1: Finding the Right EB-5 Project. …
  2. Step 2: Investing the Necessary Capital and Filing an I-526 Petition. …
  3. Step 3: Obtaining Conditional Permanent Resident Status. …
  4. Step 4: Filing an I-829 Petition and Removing Conditions from Resident Status. …
  5. Step 5: U.S. Citizenship (optional)

How long does it take to approve I-526?

Form I-526 review (6 to 9 months): the current USCIS processing time is 5 months. But Regional Centers are reporting longer wait periods. Once the I-526 is approved, your funds are released from the Regional Center’s escrow account.

Do you get your EB-5 money back?

Some regional centers have hold-back provisions such that 10-20% of investor EB-5 funding remain in escrow until all investors have been approved. Other regional centers provide a ‘guarantee’ that funds will be returned to investors in case of denial.

How much money do you need for EB-5?

EB-5 visa applicants are required to make an investment of at least $1.8 million, or $900,000 if the job creation occurs in a Targeted Employment Area (TEA), into a U.S. business venture. TEA designation applies to projects in either a rural area or in a high unemployment area.

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