H1-B visa renewal problems - How the EB5 Greencard visa can be your best option
 

Many of you and your families may be in the United States on non immigrant visas such as the H1-B that only allow you to stay for a limited period – after this period you may have to leave the USA with your family. Additionally many of you seeking to obtain immigration via the H1-B are finding application times or sponsorship a big problem, or have reservations about relocating on a non immigrant visa and having to return your family back overseas after a few years. The EB-5 can be an ideal alternative particularly if time is of the essence to start a job or place children in school at the beginning of term.

If you are planning to live permanently in the USA and are interested in the EB5 regional center pilot program please click here now for information.

 
An EB-5 immigrant investor transferring from H1-B status obtained his green card in three months.

We now look at a case study taken from one of our existing clients - this relates to a citizen of Pakistan who wished to change his visa status from the H1B to the EB-5 to live permanently in the USA.

The gentleman and his wife had relocated to the USA from Pakistan nine years ago – initially he came over as a student on an F1 visa and after graduation worked for a major finance company in New York. After working for six years on the H1-B visa he faced a problem with the waiting time required with labor certification cases and adjustmant of status. All this despite both his desire to remain in his job and his employers willingness to help him could have meant he would have to leave his home in the USA.

After a meeting with Stephen Parnell in New York, and discussions with an experienced EB-5 attorney, he looked at the EB-5 regional center pilot program in more detail and specified project track record, speed of obtaining the green card and investment with a company that offered a specific exit strategy as important criteria for him.
 
He decided to invest $500,000 in a limited partnership project in an approved and proven regional center program for the development of an infrastructure project in California.  The funds are loaned to a development board to seed development funds of a redundant government facility being renovated for commercial use. The required funding for the $500,000 investment was provided by the applicant’s family in Pakistan. The I-526 approval took two months and the applicant received his green card a month later – the process taking a total of three months.

We have continued to keep in touch and checked out issues that have cropped up with him for the benefit of new investors.

If you are planning to live permanently to the USA and are interested in the EB5 regional center pilot program please click here now for further information.