Becoming a US citizen is a dream for many. While there are different ways of obtaining citizenship in the States, the country has a path for qualified and financially stable foreigners. Under the EB-5 Immigrant Investor Program, the investors, along with their partners and unmarried children under the age of 21, can become green card holders if they meet the necessary investment criteria or create full-time employment opportunities. To get your US citizenship by investment, you must complete several stages, which can take years. In this blog, let us understand the necessary steps/stages. The EB-5 Visa Stages of Obtaining Citizenship Look for a Suitable ProjectThe first step is to look for a suitable regional center project or company you can invest in. You can also search for potential business opportunities to open one that best suits your and the country's requirements. Investment Now that you have finalized the project you want to invest in, transfer the investment amount to a relevant bank account. Submit the Petition Once the investment is made, you will have to submit an I-526 petition to the U.S. Citizenship and Immigration Services (USCIS) for the EB-5 visa. Make sure to mention details about you, your family, and the investment you made in the States. Attach the business plan, investment's legality, and documents as evidence of the investment. The petition can take years to process, and if your application is accepted, you and your family will be interviewed at the American embassy in the country. You will be eligible for a conditional green card if all goes well. The Conditional Green Card A conditional green card can be a temporary residence permit for two years. During these two years, you must fulfill the investment program requirements of creating and maintaining at least ten employment opportunities. Moreover, you must stay in the country for over six months a year. If you violate any conditions or rules, be prepared for a green card cancellation. Permanent Green Card Once you have lived in the United States for at least a year and nine months, you can file an I-829 petition and request a change of status to have a permanent green card in your name. For this, you must share documents and evidence that the business meets all the requirements. Like the I-526 petition, the I-829 petition also takes years to process, and if it meets all the requirements, you and your family will be eligible for a permanent green card with 10 years of validity. Application for Citizenship You can apply for citizenship after five years of holding a permanent green card. To have the US passport in your name, you must confirm the following:
Wrapping UpYour journey to obtain citizenship through an EB-5 visa will require careful planning and consideration. Therefore, connect with a US immigration lawyer who will guide you to achieve the desired results.
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