USCIS Releases New Form I-526: Direct EB-5 Investor Initial Green Card Application Form

New EB-5 Investor Form I-526 for Standalone or Direct EB-5 Investors is Expanded with New Required Disclosures

On July 12, 2022, U.S. Citizenship and Immigration Services (“USCIS”) released an updated Form I-526, Immigrant Petition by Standalone Investor. This new form replaces Form I-526, Immigrant Petition by Alien Entrepreneur, which had been the prior individual EB-5 investor petition for both regional center and standalone (direct) EB-5 investors. Instructions for the new Form I-526 can be accessed on https://www.uscis.gov/sites/default/files/document/forms/i-526instr.pdf

Form I-526 form has been expanded and can now only be used for EB-5 investors who select standalone (direct) EB-5 investment projects with only a single EB-5 investor. A separate Form I-526E has already been released by USCIS for EB-5 investors who select EB-5 regional center sponsored EB-5 investment projects.

Form I-526 requires additional information about the EB-5 investor since he/she is now involved in the EB-5 program as an owner of the NCE.

Disclosures about the EB-5 investor’s net worth, sources of capital for the EB-5 investment, and a breakdown of all “administrative costs and fees” are now present in Form I-526. The EB-5 investor must also answer questions about prior work authorization and compliance with United States immigration laws.

Overall, the new Form I-526 will require EB-5 immigration attorneys to spend more time gathering information and documents in order to prepare their client’s initial EB-5 investment applications.

Read more: https://www.uscis.gov/newsroom/alerts/uscis-releases-new-forms-for-immigrant-investor-program-0

Categories

Share:

Send Us A Message

Related Post

mgc

Indian Investors Flock Westward: Residence by Investment Sparks Interest

In recent years, a notable shift has emerged in the investment landscape of India, as an increasing number of savvy investors set their sights on the West. This newfound interest can be attributed to the rising popularity of residency by investment programs offered by several Western countries. These programs provide a unique opportunity for Indian investors to obtain permanent residency or citizenship by investment in a foreign nation by making substantial financial contributions. The reasons behind this trend

MGC

Unlocking a World of Opportunities: The Benefits of Obtaining a Green Card through the EB-5 Program

Many individuals desire to reside permanently in the United States and come from every corner of the world. To achieve this goal, the EB-5 Immigrant Investor Program provides an innovative approach. Foreign investors that make a qualifying investment in an emerging company that generates jobs in the United States can acquire a Green Card. In this article, we will explore the benefits of gaining a green card through the EB-5 program with facts and data.

mgc

Comparing EB-2 and EB-5 Visa Options for Indian Immigrants Moving to the United States

Choosing the appropriate visa category might be challenging for Indian immigrants looking for greater possibilities in the United States. The EB-2 and EB-5 visas are two of the many possibilities offered and are frequently chosen. If a National Interest Waiver (NIW) has not been granted, a company must apply for and get a PERM certification in order to sponsor professionals with advanced degrees or exceptional ability in their fields for them to be eligible for