What Documents To Submit With EB-5 Application Forms!

The United States created the USCIS Immigrant Investor Program, commonly known as the EB-5 Visa, which means employment based immigration fifth preference. It is basically a visa program for immigrant investors who are desirous to invest in the US. It was implemented during 1990 under the Immigration Program Act. It provides the immigrants Permanent Residency or Green Card of the nation, via the investment mode.

EB-5 application forms can be filled online rather easily. You can find the online forms at the National US India Chamber of Commerce. The EB-5 visa frees the applicant from managing the day-to-day affairs of a business and gives complete liberty to invest in any existing business, or start a new venture.

You need to file the US Citizenship and Immigration Services (USCIS) Form I-526 if you are desirous of getting a status of an immigrant investor, along with necessary documentation which could prove that the investment made by you is according to the rules as laid down by the concerned authorities. The necessary documents to be submitted along with the EB-5 application forms are:

  • Details of the new commercial venture made by you
  • Necessary documents assuring that the investment made is lawful
  • The required number of jobs under the program should be created
  • The investor is actively participating in the business
  • The employment should be created in the specified and the targeted area.

You can also mail USCIS mail box to ask for general inquiries and the other related aspect of your application form. In certain cases, the processing of the forms can be done quickly, known as expedite processing. The ‘expedite processing’ have its own criteria which are as follows:

  • Exceptionally urgent situation
  • Stern monetary loss to business or individual
  • On humanitarian grounds
  • The errors if on the part of the USCIS
  • Convincing importance of the USCIS
  • If the status of the corporation applying is non-profit and is helping the cultural and social interest of the nation.

The EB-5 Visa is a significant immigration program which has immensely benefitted both the investors and the economy of the involved nation. The processing of application and the fees involved are a bit complicated though. However, with the fast changing scenario, the US government is planning to bring key changes in the program only to make it better and improved.

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