EB-5 Permanent Residency Rights And Responsibilities

The EB-5 Program allows foreign immigrants to obtain lawful permanent residency in return for investing in qualified job-creating enterprises. What does it mean to obtain EB-5 permanent residency?

EB-5 permanent residency or green card status allows qualified immigrant investors to live and work in the United States without conditions.

First, an EB-5 investor is given two-year conditional permanent residency when their I-526 application is approved by USCIS. Unconditional lawful permanent residency is obtained after an investor files their I-829 application and it is approved by USCIS.

Once an investor has received I-829 application approval, then they, their spouse, and their unmarried children under the age of twenty-one, are able to live in the United States permanently. Additionally, after 5 years, they can apply for United States citizenship.

What are the rights of unconditional permanent residency (green card status) in the U.S.? United States lawful permanent residents have the ability to:

Live anywhere in the U.S.
Work anywhere in the U.S.
Be protected by U.S. federal, state and local law
Access great health care
Travel inside and outside the U.S.
Access great schools, colleges, and universities, with the possibility of in-state tuition
Apply for a potentially faster path to citizenship

What are the associated responsibilities? They include:

Filing taxes on gross worldwide income
Paying federal, state and local taxes
Registering with the Selective Services if green card holder is a male between the ages of 18 and 25

For more information about the rights and responsibilities of lawful permanent residents, send us a message.

Clare Lithgow