Sep
26

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What happens to the conditional (EB-5) green card of the investor’s wife in case of divorce?

Category: Best EB-5 attorney in Phoenix, Best immigration attorney, Best immigration attorney in Scottsdale, Conditional EB-5 and divorce, EB-5 and divorce, EB-5 job sharing, EB-5 visa, EB-5 visa attorney, Immigration attorney in Scottsdale, Top EB-5 attorney in Phoenix, Top immigration attorney, Top immigration attorney in Phoenix

One way to obtain a legal permanent resident status in the US is through investment (under EB-5 category). The first step is to file a petition for classification as an alien entrepreneur. The petition must be accompanied by evidence that the investor has invested or is actively in the process of investing lawfully obtained capital in a new commercial enterprise in the U.S. which will create at least 10 full-time jobs. One the petition is approved, the investor can obtain an immigrant visa or adjust his or her status to the conditional resident.

If the spouse of the principal EB-5 investor obtains a divorce after the conditional EB-5 resident status is granted, the ex-spouse may still file the petition to remove conditions, and if it is approved, the ex-spouse becomes a legal permanent resident (green card holder).

The petition to remove conditions in conditional resident status must be filed within 90 days before the second anniversary of the conditional status. The petition must document that the conditional resident (i) invested or was actively investing the required capital that (s)he continuously maintained the capital investment over those two years, (ii) created or can be expected to create within a reasonable time ten full-time jobs.

Please note that this article does not constitute a legal advice.  We simplified the law to outline only one aspect of the EB-5 green card process. If you would like to obtain an investment (EB-5) green card, call our experienced EB-5 green card attorney at 480-425-2009 or schedule your consultation online.

Sep
25

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Can E-2 investment “count” toward EB-5 investment?

Category: Best EB-5 attorney in Phoenix, Best immigration attorney, Best immigration attorney in Scottsdale, E-2, E-2 to EB-5 transition, E-2 visa, EB-5 visa, EB-5 visa attorney, Immigration attorney in Scottsdale, Immigration attorney Phoenix, Immigration lawyer Arizona, Immigration lawyer in phoenix, Immigration Lawyer Scottsdale, Top EB-5 attorney in Phoenix

E-2 visa is for investors from treaty countries who invest “substantial” amount of capital into a US business. E-2 visa allows them to manage that business. E-2 visa has to be renewed every few years, depending on the treaty. A major downside of E-2 visa and a significant motivator for converting to the EB-5 green card is the problem of children of E-2 investors who are not eligible for E-2 dependent visas once they turn 21.

While there is no dollar amount for E-2 visa, in order to get EB-5 green card, the investor has to invest at least $900,000 in certain targeted employment areas or $1,800,000 anywhere else. While the E-2 capital investment may be counted towards the EB-5 investment, retained earnings or revenue generated by the E-2 investment may not be counted toward EB-5 investment. The investor must draw funds from the E-2 business and invest personal funds in order to “count” towards EB-5 investment.

In addition, the business must already have created the requisite ten jobs, or demonstrate that it will create the remaining jobs needed to meet the ten-job threshold within two years of the grant of conditional permanent resident status.

Planning and navigating the transition from E-2 to EB-5 can be a complicated process. If you would like to transition from E-2 investment to EB-5 investment and obtain an investment (EB-5) green card, call our experienced EB-5 green card attorney at 480-425-2009 or schedule your consultation online.

Please note that this article does not constitute a legal advice.  We simplified the law to outline only one aspect of the transition from E-2 visa to EB-5 green card.

Aug
30

By

Can you get a permanent marriage green card if you get divorced?

Category: Best immigration attorney in Scottsdale, Divorce, Immigration attorney in Scottsdale, Marriage Green Card, Marriage green card attorney in Phoenix, Marriage green card attorney in Scottsdale, Permanent green card, Removal of conditions on residence, Top immigration attorney in Phoenix, Uncategorized Tags: , , , , ,

?I am seeing this question often.   Sometime after the marriage green interview, the conditional green card holder contacts my office and tells me that the marriage is not working out for numerous reasons.  It may be a physical or emotion abuse, infidelity, etc.   The conditional green card holder is worried what will happen with his or her permanent green card.

One example is a client of mine who was planning to relocate to live with her new husband in his city of residence.   Having three children, this move required a lot of coordination – finding a job, schools for her kids, saving money, etc.  When she was finally ready to move, she found out that her husband found someone else.  At the end, I was still able to get her the permanent green card because she entered into a marriage in good faith.

As long as the marriage was entered in good faith, the conditional resident may have her or his conditions removed and get her or his permanent green card. 

Please note that this article does not constitute a legal advice.  We simplified the law to outline one aspect of the marriage green card process and removal of conditions on residence.  If you would like us to obtain a marriage green card or need help with the removal of conditions on residence, call our experienced marriage green card attorney at 480-425-2009 or schedule your consultation online. 

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