EB-5 Resource Center
   
 
The immigrant investor, or EB-5, program is a highly beneficial permanent residence option for the wealthy individual. Since there is no quota waiting list in this preference category, it enables a foreign national to obtain permanent residence status more expeditiously than with most other options.

The EB-5 category requires an investment of $1 million (or $500,000 in a high unemployment or rural area) in a commercial enterprise that will employ 10 full-time US workers. Although the investor's role cannot be completely passive, he or she does not have to be involved in any way in the day-to-day management of the business unless he or she wants to do so. It is critically important that the investor be able to document the lawful source of investment funds, whether his or her own or funds given to him or her as a gift. The permanent residence obtained by the investor is conditional for two years and can be made permanent upon satisfying USCIS at the end of the two years that the investment proceeds have not been withdrawn and the requisite jobs have been created.

The investor may invest in his or her own commercial enterprise or in a commercial enterprise owned by other parties. The investor may also choose to invest in a pre-approved "regional center". Regional centers are government-approved entities in designated geographical areas for which USCIS has determined that investments will create the necessary 10 jobs per investor, whether directly or indirectly. Virtually all of the regional centers contain geographical areas where $500,000 is the required amount of investment.

Ron Klasko heads up the firm's 20 person EB-5 practice team. Ron serves as counsel to many of the approved regional centers. Ron has lectured extensively and written numerous articles on the EB-5 program and has prepared and filed large numbers of successful EB-5 petitions, both regional center and individual petitions. He is serving his 4th term as Chair of the EB-5 Committee of the American Immigration Lawyers Association.

The firm's EB-5 practice team works with developers and business owners on options available for developing new projects that qualify for EB-5 investments, either based on individual EB-5 petitions or through new or existing regional centers. Where appropriate, we file applications for new regional centers and exemplar petitions for new regional center projects. We also counsel foreign nationals on the advantages and disadvantages of individual and regional center EB-5 petitions as compared with other immigration options. On individual EB-5 petitions, we work with corporate and tax counsel on structuring commercial enterprises that comply with the EB-5 regulations. On all cases, the team works with the foreign national on documenting the lawful source of investment funds. The end result is the filing of an individual or regional center EB-5 petition with substantial documentation. Finally, the firm's EB-5 practice team also works with its foreign national clients on filing the application for conditional permanent residency, the condition removal petition and ultimately, where requested, an application for naturalization to U.S. citizenship.

 

Get permanent US residency if you invest:

  • in a government approved Regional Center
  • in a commercial enterprise that will create 10 full-time jobs for US workers

The amount of investment is:

  • $500,000 in targeted rural or high unemployment areas
  • $1 million in other areas
Form I-924A Supplement Filings: Regional Centers’ Annual Reporting Obligations & Takeaways from the Recent EB-Stakeholder Engagement

Update on the China EB-5 Market

Marketing and Compliance: Additional Services for Our EB-5 Clients

The Impact of EB-5 Quota Backlogs on Chinese Families

China EB-5 Quota Retrogression Announced

Practice Pointers: The EB-5 Attorney at the Crossroads of Law and Marketing

Correcting Another Misguided EB-5 Article

Preparing for the I-829 Before It's Too Late

A Creative Solution for Avoiding China EB-5 Quota Backlogs

Reflecting on the Past Year

Unanswered Questions from the EB-5 Stakeholders Meeting

EB-5 Stakeholders Call - What We Learned

I-924A Filing Deadline

Please feel free to browse through the resources we have made available to learn more about the EB-5 program. If you think EB-5 is the option for you, or if you want to explore alternative immigration options, you should schedule a consultation with us. A consultation allows us to review all of the facts in your situation, after which we can present you with all of the options you have. We can also quote you a fee for any option you wish to pursue with our assistance after speaking with you.

You can schedule a consultation by calling 215-825-8600, or by using our online consultation form.

We look forward to speaking with you.

   
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