EB-5 is a very popular and important usa investment visa. Following the selection of an investment, the applicant’s immigration counsel will file your EB-5 petition (also known as a Form I-526) with USCIS. The I-526 petition establishes that the applicant has invested the needed capital, or is in the process of doing so, and that they meet the EB-5 program’s standards.
To file your I-526 petition, we recommend that you interview and employ an experienced EB-5 immigration lawyer with whom you feel comfortable.
Requirements of your I-526 filing
Do I get my investment back after denial of I-526 Petition?
The New Commercial Enterprise (NCE) may give investors an I-526 denial return assurance, with the details of the refund included in the selling documentation. However, not all assurances are made equal. It’s crucial to figure out who’s providing the guarantee and whether or not the guarantor has the financial wherewithal to follow through on the return pledge, especially if the project is rejected and all investors anticipate a complete refund. People living in Houstan can look up for this, abogados en houston
Some NCEs will set aside 10-20% of all investor monies in an escrow account to return a refused investor, although this guarantee can only satisfy a percentage of the NCE’s investors by definition.
I-526 Processing Times
Although COVID-19 has slowed processing timelines, an I-526 petition can usually be adjudicated in one and a half to two years, and an expedition petition in around six months. Experts believe that with a more immigration-friendly Biden Administration and Alejandro Mayorkas as Secretary of Homeland Security, future processing efficiency will improve. If you’re looking for the best immigration lawyers in houston tx, in Texas, look no further.