USCIS to Issue Form I-797 to Extend Green Card Validity
January 12, 2021 - U.S. Citizenship and Immigration Services (USCIS) has announced a new extension process and document to serve as temporary proof of Green Card status.
Congress created the Employment-Based Fifth (EB-5) immigrant investor green card program in 1990. The purpose of the EB-5 program is to encourage immigrants to invest in, or manage, U.S. companies that benefit the U.S. economy.
If you wish to immigrate to the U.S. and are willing to invest $900,000, you and your family (spouse and any unmarried children under 21) can receive a “conditional” green card good for two years.
After two years, if you have maintained the investment and created at least ten jobs, the conditional status is removed and you become a “permanent” green card holder, eligible for U.S. citizenship.
As an EB-5 immigrant, you may either invest in your own company or invest your money (along with other EB-5 immigrants) in qualified projects.