Permanent resident status based on EB-5 eligibility is available to investors and their families. Eligible individuals are those who have invested or are actively in the process of investing at least $1,000,000 or $500,000 in a "targeted employment area" which is an area that has experience unemployment of at least 150 per cent of the national average rate or a designated rural area.
The investment must establish a new commercial enterprise by doing one of the following:
Creating an original business
Purchasing an existing business and simultaneously or subsequently restructuring or reorganizing the business such that a new commercial enterprise results
Expanding an existing business by 140 percent of the pre-investment number of jobs or net worth, or retaining all existing jobs in a "troubled business" that has lost 20 percent of its net worth over the past 12 to 24 months
The new commercial enterprise will benefit the United States economy by:
Creating full-time employment for not fewer than 10 qualified individuals
Maintaining the number of existing employees at no less than the pre-investment level for a period of at least two years, where the capital investment is being made in a "troubled business" which is a business that has been in existence for at least two years and that has lost 20 percent of its net worth over the past 12 to 24 months.
Successful immigrant investors may obtain status as a conditional resident, which can be converted to lawful permanent resident status after the second anniversary of a foreign investor's admission to the United States as a conditional resident.
For more information and assistance with obtaining an EB-5 Visa contact the Law Office of Natalie Driver Womack, PLC
The Law Office of Natalie Driver Womack, PLC
6477 College Park Square 202
Virginia Beach, VA 23464
The Law Office of Natalie Driver Womack, PLC provides comprehensive immigration legal services to clients who dream of making a new life in America. Located just outside of the nation's capital, Washington, D.C., we represent clients in Maryland (MD), Virginia (VA), West Virginia (WV), North Carolina (NC), and South Carolina (SC), including Page County, Greene County, Arlington County, Fairfax County, Prince Georges County, Jefferson County, Prince William County, Loudoun County, Stafford County, Culpepper County, and the Virginia cities of Richmond, Virginia Beach, Williamsburg, Norfolk, Alexandria, Charolttesville, Roanoke, Fredricksburg, Fairfax, Newport News, Hampton, Manassas, Lynchburg, Winchester, Harrisonburg, Jamestown , Herdon, Falls Church, Portsmouth, Leesburg, Blacksburg, Culpepper, Quantico, Stauton, Ashurn, Abington, Suffolk, Chincoteague, Danville, Petersburg, Vienna, Warrenton, Lexington City, Midlothan, Front Royle, Bristol, Martinsville, Hopewell, and Emporia. We also serve the following cities in North Dakota:Sioux falls, Aberdeen, Pierre & Rapid City, as well as residents of Orange, CA.