The latest edition I-829, Petition by Entrepreneur to Remove Conditions on Permanent Resident Status is dated 04/21/17. Starting 07/24/2017, USCIS will only accept the 04/21/17 edition. Until then, you may use the older 05/07/15 edition.
of $1 million (or $500,000 in a hi
USCIS administers the EB-5 Program. Under this program, entrepreneurs (and their spouses and unmarried children under 21) are eligible to apply for a green card (permanent residence) if they:
- Make the necessary investment in a commercial enterprise in the United States; and
- Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.
This program is known as EB-5 for the name of the employment-based fifth preference visa that participants receive.
Form I-829 is for immigrant entrepreneurs to petition to remove the conditions on their, and certain dependents’, permanent resident status which they obtained based on investment in a new commercial enterprise. The petitioner must submit this petition within the 90-day period immediately preceding the second anniversary of obtaining conditional permanent resident status
The EB-5 category requires an investment gh unemployment or rural area) in a commercial enterprise that will employ 10 full-time US workers. The investor may invest in his or her own commercial enterprise, in a commercial enterprise owned by other parties, or a pre-approved regional center. The green card process through investment consists of two steps: investor petition and green card application. You may find a couple of articles on our website helpful as well.