The timeline for obtaining USA citizenship through investment, also known as the EB-5 Immigrant Investor Program, can vary depending on several factors, including processing times, visa availability, and individual circumstances. While the EB-5 program offers a pathway to permanent residency and eventual citizenship, it is important for investors to understand the timeline and delays involved in the application process.
Here’s an overview of the typical timeline for obtaining USA citizenship by investment:
Initial investment and I-526 petition:
The first step in the EB-5 process is to make a qualifying investment in a new commercial enterprise in the United States and file an I-526 petition with USCIS (U.S. Citizenship and Immigration Services). The processing time for the I-526 petition can vary, but it typically takes between 18 to 24 months for USCIS to adjudicate the petition and make a decision on the investor’s eligibility.
Job creation and I-829 petition:
Within the 90-day period before the end of the conditional residency period, investors must file an I-829 petition with USCIS to remove the conditions on their permanent residency. The investor must provide evidence that the required investment was sustained and that the required number of full-time jobs for U.S. workers was created or preserved as a result of the investment. The processing time for the I-829 petition can vary, but it typically takes between 18 to 24 months for USCIS to adjudicate the petition and make a decision on the investor’s eligibility.
Unconditional permanent residency and citizenship:
If the I-829 petition is approved, investors and their family members will receive unconditional permanent residency, also known as a green card. After maintaining permanent residency for a certain period, typically five years, investors and their family members may be eligible to apply for USA citizenship through naturalization. The naturalization process involves passing a citizenship test, demonstrating proficiency in English, and meeting other requirements. The timeline for obtaining USA citizenship through naturalization can vary, but it typically takes between six months to a year to complete the process.
Overall, the process of obtaining USA citizenship through investment can take several years from the initial investment to citizenship eligibility. It’s important for prospective EB-5 investors to understand the timeline and delays involved in the application process and to plan accordingly. Working with experienced immigration attorneys and financial advisors can help investors steer the EB-5 program successfully and achieve their immigration goals.