Are you seeking reliable ways to immigrate to the United States by way of investment? Are you all set to invest a large amount of capital in the economy of the United States to gain an investment-related visa?
Form I-526 plays an important role in the process. Here are some of the things to look at how it works and why it is important.
What is I-526?
The I-526 is a form that should be completed to file an application for an investor visa. An investor visa comes with several requirements to it, which only makes specific types of investors eligible for it. This form is also known as the Immigrant Petition by Alien Entrepreneur. The intended beneficiary should complete this form with the intention to file for conditional permanent residency via the dedicated investment program. One of the most common purposes of this form is to prove that the money being invested originated from a legitimate as well as an ethical source. The United States does not want any money invested in its economy that is generated from an illogical source.
Who should file form I-526?
People who are willing to get a visa like an EB-5 visa needs to file an I-526. This form is available free of cost on the United States Citizenship and Immigration Services website. Keep in mind; you still need to be eligible for an EB 5 investor visa before you can file the form. You can research the EB-6 investor visa as a second choice for investor-related visas.
As per the requirements of the EB 5 visa, you need to invest in an approved EB 5 project or be in the process to invest in such as a project. There are different types of EB 5 projects you can invest in. The amount of investment must be between $500,000 and $1,000,000 in a designated EB 5 project. In addition, it also creates ten permanent full-time jobs in the economy of the United States.
Remember that most I-526 applications are filed on behalf of the intended visa beneficiary by an immigrant lawyer or a counselor. This makes sure that the application runs smoothly and all the required boxes are ticked.
Documents required for I-526
There are several documents required for I-526:
1. An EB 5 eligible project
Evidence needed include articles of incorporation, merger or consolidation certificates, state business certificates, and joint venture or limited partnership agreements.
2. Right Investment amount has been made
Evidence needed includes bank statements, promissory notes, security agreements, loan or mortgage certificates, or other related proofs that prove the investment amount.
3. The investment of capital was gained by lawful means.
Proofs include five years of tax returns, pay stubs of the funds that generate from a salary, bank account statements or securities statements in case if the funds come from stocks, bonds, and/or trading.
4. The investment should generate 10 full-time United States jobs
Proofs should include a business plan detailing the personnel required.
5. The foreign nationals should be involved with regular management or senior leadership requirements.
Evidence should include corporate documents, statements, and description of duties.
How to fill?
The filing of the form can be challenging. The best advice is to follow the instruction found on the website of USCIS. The I-526 is filed on behalf of the visa beneficiary. You can approach a reliable lawyer to file your I-526 on your behalf if you face any difficulty in filling the form.
Many reliable service providers are available to assist you with a team of professional attorneys to file the Form I-526 without any hassle. Simply take the help of the internet and find the right service provider.
