USA Changes Rules for Obtaining EB-5 Green Card

US Investor Green Card requirements have changed. On March 31, 2020, new rules were entered into force by the US Citizenship and Immigration Services (USCIS).

Previously, the First In-First Out approach was applied to visas, in which USCIS considered and decided based on the filing date. After the innovations, the accessibility approach is used. USCIS determines whether the country of the applicant’s origin has reached the limit on the green card quota. If so, an investor visa will be denied, and the applicant will be able to re-apply next year after the quotas will be zeroed.

The United States annually issues 10,000 applications for an investment green card. At the same time, citizens of one country cannot receive more than 7% of this amount. For example, if Chinese citizens filed 700 applications for the EB-5 green card, the quota for them will close and will only be updated next year. Consequently, the innovations will benefit citizens of countries from which the United States has the smallest number of applications for issuing EB-5.

Investment requirements for EB-5 remained unchanged. As before, the investor needs to invest $ 900, 000 in business development in rural areas or $ 1.8 million in urban areas. Another option is to create or retain 10 full-time jobs.

Law&Trust offers clients legal assistance in obtaining an EB-5 investment visa. Our lawyers will tell about the features of the procedure, help you choose an object for investment, prepare documents and apply for a green card.