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If you’re interested in the EB-5 program then you’ve probably heard of the I-526 petition. An investor is required to submit an I-526 petition to USCIS if they wish to receive an EB-5 visa. Read our quick guide and learn how to get your petition filed with as little hassle as possible.
In addition to the I-526 form itself, as part of the I-526 application, a potential EB-5 investor will need to submit a memorandum with supporting documents evidencing his or her compliance with the EB-5 requirements.
Your I-526 petition must demonstrate that you have made or are in the process of making the required investment of $1,800,000 (or $900,000 if you invest in a “Targeted Employment Area”). It is very important that investors provide proof that the funds of their investment have been legally sourced, lest their petition be denied. Although your investment can be sourced from a gift, it is essential that you provide proper documentation that your funds have been acquired legally.
Additionally, investors will need to provide evidence that their investment will create 10 full time jobs in the United States.
Don’t let the intimidating language of USCIS guidelines dissuade you from the EB-5 program, the most difficult part of your I-526 petition will be making sure you have all the necessary paperwork and documentation in order. Generally, it is recommended that immigrant investors retain an immigration attorney to complete their I-526 petition, as organizing the aforementioned required paperwork is an undertaking best handled by an experienced professional.
After selecting an EB-5 project to invest in, you’ll want to gather all the necessary information and documents you’ll be submitting with your I-526 petition. Here’s what to expect on the I-526 form:
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