$500,000 of capital plus $50,000 for administrative expenses.
b. Book: “EB-5 Visas and Real Estate Development”. Author: Rodrigo Azpúrua.
Money is placed in an escrow account with a financial entity which shall be released and handed over to Riviera Point once your I-526 application is introduced with the USCIS or other conditions.
Our Regional Center is: EB-5 Financing Management Company, LLC. http://www.eb5fmc.com
Yes. Provided you may prove it through legal documentation.
The investor, his wife or husband and his unmarried children under 21 years old (including adopted children).
Once your I-526 is submitted, it takes an average of 12 months to be approved. From there on, your family and you receive the conditional Green Card to move and live permanently in the USA.
With the investment of US$ 500,000, 10 direct and indirect should be created.
Direct: Are jobs in the business venture in which you, as an EB-5 investor, have invested your capital.
Indirect: Are collateral jobs created as a result of the invested capital (For example: Are jobs created in collateral form as a result of the invested capital (for example: workers involved in the construction of the building).
At the end of the sixth year, from the approval of the I-829, the capital plus the interests are returned to you.
The capital is structured in the following way:
• Patrimony owned by Riviera Point
• Bank Loan
• EB-5 Foreign Capital
A conditional residence is temporary and valid for 2 years. 90 days before the en of the two years, you must submit the request to remove the condition and become an I-829 permanent resident.
The removal of the condition is approved if, within the 2 years, 10 jobs were created (direct or indirect) as required by the EB-5 program.
Yes. And it has the same restrictions that permanent residence, i.e. you cannot remain outside USA for a period equal to or greater than 1 year.
Yes. With your conditional or permanent residence, you may live in any state of the United States.
If your goal is to get the Green Card and not have to run a business with the risks involved, it is usually more economical and safe to use an EB-5 investment program.
When you obtain your Green Card, you will not need to renew or re-apply to keep your status within the US. In the case of any other investor visa, you will always have a non-immigrant status and your stay in the United States will depend on the success of your business.