What is the Total Cost to an Investor for a EB-5 Visa?
Very often investors get confused with the total amount of money they have to come up with in order to obtain their green card through investment. Generally, most of them realize that the USA investor visa requires $1,000,000 investment or $500,000 if the EB-5 investment is made in the project located in a Targeted Employment Area.
However, many investors are not familiar or get confused with other costs that may arise when they decide to take part in the investor visa program. We will try to clarify that below.
First of all, when searching for a Regional Center project, the investor needs to consider paying an administrative fee, which varies depending on the Regional Center. On the one hand, there are Regional Centers that do not charge administrative fee. On the other hand, there are those that charge up to $60,000. However, the average administrative fee required by Regional Centers is about $35,000. Keep in mind that a higher administrative fee does not necessarily mean better programs. It is important to understand where the money is going. To understand how your investment funds and the administrative fee are being used it is important to understand that the EB-5 Regional Center and the EB-5 Project are two independent entities. The total amount of investment ($500,000 or $1,000,000) is invested into the development of the EB-5 Project and the administrative fee charged by the EB-5 Regional Center usually covers the Regional Center’s costs connected with its approval, as well as marketing, referral fees and promotion of the EB-5 Project.
Secondly, the investor should know that obtaining an EB-5 green card is a complex process that requires hiring an experienced EB-5 attorney. The costs associated with the attorney’s EB-5 services usually vary from $10,000 to $18,000.
Moreover, the investor should keep in mind that on top of legal fees, associated with the immigration attorney, he/she will need to pay fees to the USCIS (United States Citizenship and Immigration Service) when filing petition I-526 for conditional permanent residence, and in two years after its approval they will need to file petition I-829 for removal of conditions and will need to pay an additional fee to the USCIS.
Many EB-5 investors that have contacted us think that the total cost of the EB-5 Visa is $500,000 or $1,000,000. It is important to always keep the fees mentioned above in mind, to avoid confusion.
If you would like to better understand the EB-5 process and the costs associated with the program, please contact Fred Burgess or Joe Sloboda via email at email@example.com or use our online request form.