Global summit 2017: EB-5 Investment (and other Business Immigration choices) ...
Anatomy of EB-5 Investment - SDEB5
1.
2.
3. fifth employment based preference for US visas
Now lets look at a sample san diego EB-5 investment
4. Developer has identified a site located in a TEA area: 150% national average
developer can accept $500K per 10 jobs created by the project
October 2014: 5.8%
needs to be 8.7% or above
East village: ranges from 11% - 15.9%
Plans to build offices, apartments and retail using EB-5 funds. This is when we get
involved.
5. We would meet with the developer, evaluate the project for EB-5 program:
eb-5 due diligence
economic analysis - job creation
eb-5 business plan
ppm and investor offering, organization of entities.
SAN DIEGO development corp. is a separate entity usually a Limited partnership
made up of the investors and projects owners...essentially acting as the lending
company to the project (NCE)
6. Since it’s in a TEA - amount is lowered to $500,000 per investor
using immigration attorneys, international brokers and presenting at conferences just
like this.
Mexico, Venezuela, UK, South Korea, China, Taiwan
7. now that the investors have been identified
funds are placed into an escrow account pending I-526 approval
I-526 means actively investing $500,000 into job creating project
submitted to USCIS with EB-5 BP and supporting docs...once approved funds can be
deployed in to the project.
the investor applies for a 2 year conditional green card I-485
8. Funds are deployed, 24 month later project complete and 80 investors have 80 green
cards
Within 3-5 years the Investors are repaid their $500K with interest and have their
Green Cards for themselves, their spouses and any children under 21.
9.
10. A new commercial enterprise is defined as any for-profit activity formed for the
ongoing conduct of lawful business including, but not limited to:
● A sole proprietorship
● Partnership (whether limited or general)
● Holding company
● Joint venture
● Corporation
● Business trust or other entity, which may be publicly or privately owned
Family = spouse and children under 21 at time of petition.
11. USCIS Immigration and Citizenship summary data. Experts anticipate processing
time will slowly decrease over the next fiscal year as the Immigrant Investor Program
Office (IIPO) reaches its staffing goals. Despite this increase in I-526 Petition
processing times, USCIS has actually greatly increased its activity on I-526 Petitions.
In July 2013, USCIS took 300 actions on I-526 Petitions. In July 2014, USCIS took
1,200 actions. Another factor affecting processing times is the increase in receipts of
I-526 Petitions. In the first eight months of the calendar year 2014, USCIS received
approximately 8,000 I-526 Petitions and 1,200 in July 2014 alone.
http://www.uscis.gov/tools/reports-studies/immigration-forms-data
I-526 processing time worry because may age out children. Recommend submitting
ASAP. 18 is the new 21