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ARTICLE · 05 FEBRUARY 2016

EB-5 Program—No Guarantees for the Coveted US Green Card

Investment Immigration
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Introduced to attract foreign investment and facilitate job creation in the US economy, the US EB-5 program has become a popular immigration option for affluent investors intending to secure permanent residence in the USA. Recently, US Congress extended the program until September 30, 2016. Here are some misconceptions about the program.

United StatesImmigration
Colin Singer
Colin Singer
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Introduced to attract foreign investment and facilitate job creation in the US economy, the program has become very popular among affluent investors since the recent global recession. Recently, the US Congress has extended the investment immigration program till September 30, 2016. There are many myths and misconception surrounding the US EB-5 program.

The EB-5 Visa Guarantees Permanent Residence

The biggest misconception is that every EB-5 visa holder is assured the coveted green card i.e. the right to permanent residence in the USA. Qualifying for the green card involves something more than just complying with the minimum investment threshold requirements.

The investment must be made in an at-risk enterprise that does not guarantee return of capital or profits on the investment. The applicant must provide proof of source of funds along with a detailed business plan in an I-526 petition. Upon approval of the petition and availability of the EB-5 visa, the

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