WHAT IS THE EB5 PROCESS?

  1. The investor invests $500,000 (if the investment is located in a targeted employment area) into a secure escrow account to be invested in a OSRC approved EB-5 Project.
    1. OSRC completes and submits all paperwork and documents to the USCIS
  2. OSRC interfaces with the USCIS and the investors during the processing of the I-526 immigration petition (normal processing time is eighteen months).
    1. Upon approval of the I-526, funds are released from escrow and invested in the OSRC EB-5 approved Project.
  3. The investor, spouse and any unmarried children under the age of 21 receive conditional green cards.
    1. Conditional green cards allow the holder to work, go to school and travel to and from the U.S. just as a regular green card.
  4. After 21 months, the investor applies to have the conditions removed. Requirements for removal are as follows:
    1. Is the company invested in still under operation?
    2. Was the money in escrow fully invested in the company?
    3. Were 10 direct, indirect, or induced jobs per immigrant investor created by the end of the 21 month period?
  5. After 30-60 days and removal of conditions, the investor, spouse and unmarried children under the age of 21 are granted Permanent Residence status (Permanent Green Cards)
  6. After 3 years, Permanent Green Card holders can apply for US Citizenship

 

IMMIGRATION TIMELINE

Time Starts: Invest with OSRC and attorney files I-526 petition with USCIS
+ 12~18 Months: USCIS approves I-526 and sends file to local U.S. consulate
+ 3~6 Months: U.S. consulate processes, conducts interview and grants conditional green card
+ 0~6 Months: Time allowed to enter the U.S. and establish residency
+ 2 Years Conditional Period: Required time in the U.S. to qualified for a permanent green card
+ 3~6 Months: File I-829 and USCIS grants permanent green card
Total Time 3.5~4 Years: Estimated total time to get your permanent green card