Inside the EB-5 visa lifecycle: From initial investment to green card approval
EB-5 visa is a life-changing decision with significant personal, professional, and financial implications for the entire family. Hence, a clear understanding of the EB-5 visa lifecycle is essential to make an informed decision.
Before Filing the I-526E Petition
The formal EB-5 lifecycle begins with the filing of the I-526E petition, which is the EB-5 visa application. However, there are many preliminary steps and tasks that should ideally be completed before filing the I-526E petition.
These include analysis of the investor’s Source of Funds (SoF), choosing between the direct or Regional Center route, working with an EB-5 financial professional to compare different Regional Centers, and identifying the right Regional Center project.
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The Source of Funds analysis is significant because an EB-5 investor can use only legally acquired funds to apply for the EB-5 visa.
Choosing the right Regional Center project is a very significant decision because this directly impacts the probability of recovery of the EB-5 investment in around four to six years.
This process includes comparing different Regional Centers, different projects, including rural projects that qualify for priority processing, and high-unemployment Targeted Employment Area projects.
I-526E Filing
The date of filing the I-526E petition is the Priority Date, which determines whether you will be subject to delays due to a potential visa backlog after I-526E approval.
Before the EB-5 Reform and
