John Q Khosravi Law Firm
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John Q. Khosravi Immigration Law Firm (JQK Law Firm)
Email: info@jqklaw.com
Phone: (818) 934-1561
Skype: john.khosravi
Licensed to Practice in CA. Practice Focus on Federal Immigration Law. This Blog is Legal Advertisement.
Wednesday, December 3, 2014
4th Quarter EB-5 Application Performance Released
The Immigrant Investor Program ("EB-5") allows foreign nationals to invest in job creating businesses in the U.S. with the goal of obtaining Lawful Permanent Residency (a "Green Card").
The process begins with the submission of the initial EB-5 package (Form I-526 and supporting documents). If approved, the foreign national will receive a Temporary/Conditional Green Card. Almost two years after the approval of the first EB-5 package, the immigrant must file the second EB-5 package (Form I-829 and supporting documents) to remove the conditions and receive a Permanent Green Card.
Because of the large dollar amount required for the investment, the process can have severe repercussions for participants whose applications are not approved. However, the success rate is still quite high, especially in relation to other U.S. Immigration programs.
For the most current statistics on the number of approvals, denials, and pending EB-5 applications, please visit the links below.
Click here for for I-526 Applications
Click her for I-829 Applications
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