To encourage immigration through the EB-5 program, Congress created a Program in 1992. The program specifically sets aside 3,000 visas annually for foreign investors who apply through a United States Citizen and Immigration Services (USCIS) designated Regional Center Investment Program. Investing through a Regional Center allows for the inclusion of both direct and indirect job creation, and permits the investor to take on a more passive investment role i.e no day-to-day management responsibilities.<\/p>\n
Effective March 15, 2022, an investor seeking an EB-5 immigrant visa through a designated regional center must generally make a qualifying investment of US $1,050,000. Certain high unemployment or rural areas (known as Targeted Employment Areas) qualify for a lesser investment of $800,000.
\nAdditionally, the foreign investor must demonstrate that at least 10 jobs were directly or indirectly created through the investment.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”How many EB-5 visas are available each year?”][vc_column_text]There are 10,000 EB-5 visas available to qualified foreign investors each year, and 3,000 of those visas are reserved for foreign nationals who invest through a USCIS designated Regional Center.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”What is the minimum required amount of capital to be invested in order to apply for an EB-5 visa?”][vc_column_text css=”.vc_custom_1694110286823{margin-bottom: 0px !important;}”]Effective March 15, 2022, the minimum capital requirement is US$800,000 when you select a project in a Targeted Employment Area; for all other projects, the capital requirement is US$1,050,000. All projects offered by Iconic Caribbean are expected to require the minimum of $800,000 investment if Puerto Rico as a whole continues to be designated a Targeted Employment Area.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Are EB-5 visas available to people from any country in the world?”][vc_column_text]Legally yes. However, people from countries that do not have reliable tax and other financial documentation will need to be more actively involved in proving the legal source of their investment funds to process an EB-5 visa application.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”What is the rate of approval of EB-5 visa applications?”][vc_column_text]In 2015 and 2016, the USCIS approval rate of initial EB-5 visa applications (form I-526) was 87% and 77% respectively; the fiscal 2016 approval rate of removal-of-conditions applications (form I-829) was 95%.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”What is the most common reason for being rejected for an EB-5 visa?”][vc_column_text]The most common reason an applicant is rejected for an EB-5 visa is that the applicant cannot prove that the investment capital was legally earned.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Do I need my own immigration lawyer to prepare and file my immigrant investor (I-526 and I-829) petitions?”][vc_column_text css=”.vc_custom_1585235686785{margin-bottom: 0px !important;}”]It is strongly recommended that every foreign investor who invests with Iconic Caribbean enter into a separate representation agreement with an attorney of their choice or with an attorney recommended by Iconic Caribbean. We are familiar with highly qualified and experienced members of the American Immigration Lawyers Association.<\/p>\n
The attorney shall prepare the I-526 Petition for you as a foreign national investor. Upon approval of the Petition, the appointed Immigration Attorney shall guide you through the consular processing\/adjustment of status phase, and in the third phase is the application for conditional residency which consists of consular processing or an adjustment of status application. Before the end of the two-year Conditional Permanent Residency period, the appointed Immigration Attorney shall prepare for you Form I-829, the Immigrant Petition to Remove the Conditions of your Permanent Residency. Approval of your I-829 is the final step necessary for you to obtain unconditional Permanent Residency\/Green Card.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Can I apply if I have been rejected or terminated in the past by USCIS for an L-1, E-2, B, or other visa?”][vc_column_text]Rejection in the past does not disqualify the applicant, unless the reasons relate to immigration fraud or other grounds of inadmissibility or removability. It is most important that all criminal, medical, or U.S. immigration history problems be disclosed to the Limited Partnership and Immigration Attorney in advance of application.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”How long is a \u201cconditional\u201d Green Card valid for?”][vc_column_text css=”.vc_custom_1583404700846{margin-bottom: 0px !important;}”]A \u201cconditional\u201d Green Card is valid for two years, after which it is automatically renewed for an additional year at a time as necessary until the I-829 petition is adjudicated. During the 90 days before the card expires the cardholder must file a petition to remove the conditions or they will lose the opportunity to apply for permanent resident status.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”What is the difference between a \u201cconditional\u201d and \u201cunconditional\u201d Green Card?”][vc_column_text]A conditional Green Card is a temporary Green Card valid for two years. One year and nine months after it is issued, a three-month window opens up during which an individual must file another application with the USCIS to verify that all of the funds have been invested and the required employment has been created. Otherwise, the two cards offer the same rights and privileges. When the conditional resident status has been lifted, full resident status is granted and a permanent Green Card is issued.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Must I be in good health?”][vc_column_text]Yes, you must submit to and pass a medical examination either as part of the U.S. Consular or Adjustment within the U.S. process before a conditional EB-5 Visa is granted.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”After my I-526 petition approval, may members of my family have their Consulate interview in different countries?”][vc_column_text]Yes, family members may interview in different countries. For example, a family member studying in the U.S. would not have to return to the country of origin. Please consult your Immigration Attorney for status adjustment procedures within the United States.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Do I need to speak English to become a permanent resident of the United States?”][vc_column_text]No, this is not a requirement.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Who receives the permanent residency\/Green Card?”][vc_column_text]Husband, wife and any unmarried children under the age of 21. It is possible for adopted children to be included in the family.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”What is the difference between permanent residency\/Green Card and U.S. citizenship?”][vc_column_text]Permanent residency entitles an investor to the same benefits as a U.S. citizen with a few exceptions: you do not have the right to vote, hold public office, or work as a federal employee as a Green Card holder.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”How much time must I spend in the United States during the Conditional and Unconditional Permanent Residency period?”][vc_column_text css=”.vc_custom_1583404749816{margin-bottom: 0px !important;}”]Upon receiving the visa at an overseas U.S. Consulate the investor must enter the United States within 180 days of visa issuance. The investor must then establish residency by renting or buying a home, opening a bank account, obtaining a social security number or driver\u2019s license, etc.<\/p>\n
You are entitled to travel outside of the United States for up to six months at a time during the period, however there may be variations so it is important to consult your Immigration Attorney.\u00a0 Staying for long periods of time outside of the US could lead to a bar\/revocation of an investor\u2019s permanent residency. Please consult your Immigration Attorney for details. \u00a0If you need to travel for more extensive periods, you must apply for a travel permit and confirm that you are not abandoning your US residency. It is important to note, however, that extended time spent outside of the United States may be deducted from the total requirement of U.S. presence when applying for citizenship. Please consult your Immigration Attorney.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”If I wished to gain U.S. citizenship how long would it take?”][vc_column_text]You have to be a Green Card holder for 5 years to become a U.S. citizen. This time can include the two years with a \u201cconditional\u201d Green Card.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Do I need to establish residence in Puerto Rico when I participate in an Iconic Caribbean EB-5 investment?”][vc_column_text]No, an EB-5 visa holder is free to live, work, attend school, or retire anywhere in the United States or its territories, irrespective of the location of the investment. That said, Puerto Rico offers unparalleled tax advantages for new residents and businesses, including no federal income tax, as outlined here<\/a>.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”What is a Limited Partnership?”][vc_column_text css=”.vc_custom_1583404778671{margin-bottom: 0px !important;}”]A Limited Partnership is a business organization with one or more General Partners who manage the business and assume its legal debts and obligations, and one or more Limited Partners who enjoy rights to the Partnership\u2019s cash flow in proportion to their investment.<\/p>\n The Limited Partners are passive investors liable only for the value of their investment. The limited partnership income is taxed at the partner level, not at the entity level.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”How is my Limited Partner interest protected?”][vc_column_text css=”.vc_custom_1583404797019{margin-bottom: 0px !important;}”]The Limited Partnership agreement lists the names and percentage interests of the Limited Partners. The deed for the investment property is held in the name of the Limited Partnership, which is public record. This means the property cannot be sold, mortgaged or altered without complying with the terms of the Limited Partnership agreement. Iconic Caribbean only works with experienced and established partners.\u00a0 We provide rigorous due diligence for each business.\u00a0 We work with the EB-5 business or project to plan aggressive and realistic financial goals.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Is my investment guaranteed?”][vc_column_text css=”.vc_custom_1583404810230{margin-bottom: 0px !important;}”]No. U.S. regulations require an \u201cat risk\u201d investment without guarantees or redemption rights. As in any investment there is a risk of total loss. All investors are provided with sound references to permit independent verification of the information contained in the investment prospectus. Iconic Caribbean urges prospective foreign investors to please consult their own financial advisors for advice on investing through this program.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”What happens to my investment if the visa is denied?”][vc_column_text css=”.vc_custom_1583506092531{margin-bottom: 0px !important;}”]The full investment amount or $900,000 may be returned to the investor if their I-526 petition is denied. Each project has its own offering documents which specify the terms and conditions of refund due to denial.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Can money gifted by a parent, other relative, friend or business be used for an EB-5 investment?”][vc_column_text css=”.vc_custom_1583404837602{margin-bottom: 0px !important;}”]Yes, provided that any applicable gift taxes are paid. It must be demonstrated that the gift is an actual transaction and is a not a ruse or that the gifted funds will be given back after permanent resident status is granted.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=”Is the investor required to have a certain level of education or business management experience?”][vc_column_text css=”.vc_custom_1583404853101{margin-bottom: 0px !important;}”]No, the investor is not required to have a certain level of education or business experience. Iconic Caribbean does require that the investor be accredited i.e. meet suitable standards of income and\/or net worth, and it is requirement to prove with supporting documentation that the source of investment funds is legal.[\/vc_column_text][\/vc_accordion_tab][\/vc_accordions][mk_padding_divider size=”30″][mk_padding_divider size=”80″][mk_padding_divider size=”80″][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":" [vc_row fullwidth=”true” padding=”0″][vc_column][mk_page_title_box page_title=”Frequently Asked Questions” section_height=”575″ bg_image=”https:\/\/iconic-caribbean.com\/wp-content\/uploads\/2014\/09\/photodune-2703327-san-juan-skyline-s.jpg” bg_position=”center bottom” bg_stretch=”true” overlay=”rgba(10,10,10,0.42)” bg_effects=”parallax” font_size=”45″ font_color=”#ffffff” underline=”false” sub_font_size=”26″ sub_font_color=”#ffffff”][mk_divider style=”thin_solid” thickness=”3″ margin_top=”0″ margin_bottom=”0″][mk_padding_divider size=”80″][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][mk_padding_divider size=”30″][mk_fancy_title tag_name=”h1″ color=”#393836″ size=”32″ font_weight=”bold” font_style=”inhert” txt_transform=”uppercase” letter_spacing=”1″ margin_bottom=”18″ font_family=”none” align=”center”]Click On Any Question To Get Answer[\/mk_fancy_title][mk_padding_divider size=”30″][vc_accordions][vc_accordion_tab title=”What is the EB-5 Regional Center Program?”][vc_column_text css=”.vc_custom_1694110249111{margin-bottom: 0px !important;}”]In 1990, under […]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-4513","page","type-page","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"2.10.7","language":"es","enabled_languages":["en","es"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"es":{"title":true,"content":false,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/pages\/4513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/comments?post=4513"}],"version-history":[{"count":25,"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/pages\/4513\/revisions"}],"predecessor-version":[{"id":5461,"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/pages\/4513\/revisions\/5461"}],"wp:attachment":[{"href":"https:\/\/iconic-caribbean.com\/es\/wp-json\/wp\/v2\/media?parent=4513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}