How long does the EB-5 Investor Visa last?
The EB-5 Investor Visa typically has a duration of two years from the date of issuance. This visa grants conditional residency to investors who meet specific requirements, including making a qualifying investment in a U.S. business. You should understand that this visa is not permanent upon issuance.
What happens before the visa expires?
Before the two-year period ends, the investor must apply to remove the conditions on their residency. This process involves submitting Form I-829, which demonstrates that the investment has met the necessary criteria. If the application is approved, the investor and their eligible family members can transition to permanent residency status. You should start this process well before the expiration date to avoid any lapse in residency status.
Are there any fees associated with the EB-5 Visa?
Yes, the EB-5 program involves significant financial commitments. The minimum investment amount can exceed $900,000, depending on the location and type of investment. there are fees associated with the application process. You should check the latest information and requirements on official government sites or the U.S. embassy in Sri Lanka, as these details can change. Always verify current rules and processes to ensure compliance with U.S. immigration regulations.
