An immigrant investor wishing to be issued a Green Card for permanent residency in the U.S. must start file an I-526 Immigrant Petetion by Alien Entrepreneur to prove they meet the requirement for the EB-5 program
. The filing demonstrates that the applicant has invested, or is in the process of investing, the required capital amount into a new commercial enterprise (NCE).
I-526 requirements include the following:
- The investor has invested, or is in the process of investing, the required investment capital into a new commercial enterprise (NCE)
- A lawful source of funds for the investment capital
- Proof that the investment will create 10 full-time jobs in the U.S.
Upon approval of an I-526 petition, an immigrant investor living in the U.S. can then file a petition to change their status to conditional permanent resident; investors living outside the U.S. can apply for conditional permanent resident status through a U.S. consulate or embassy in their country.