|
|
An alien who invests one million dollars in a business enterprise which
creates at least ten new jobs for American citizens or previously admitted
resident aliens is eligible to apply for an investor visa. In certain
targeted areas of high unemployment, a five hundred thousand dollar investment
creating at least ten new jobs for U.S. citizens or previously admitted
resident aliens would qualify for an investor's visa.
The investment can be in a new enterprise or in an existing business.
If the investment is in an existing enterprise, the investment must result
in an increase of at least 40 percent in the net worth or in the number
of employees employed by the business.
Applying for the investor's visa is a two-step process...
 First,
the investor must file an I-526
employment-based visa petition on his or her own behalf with the CIS
office having jurisdiction over the investment site. Please see the
CIS website at www.uscis.gov
for further information. The spouse and child (under 21) of an investor
are also eligible for visas based on the same petition.
Second,
when CONS/IV receives the approved I-526
petition from NVC, the applicant will be sent a detailed list of the
supporting documents needed to apply for the visa. After the investor
notifies CONS/IV by fax or e-mail that he or she is ready for the visa
interview, we will schedule one, usually within 6-8 weeks. If the applicant
is found eligible for a visa the visa will normally be issued the same
day.
The fee for an immigrant visa is $335 each and they are generally valid
for six months. All fees are payable in cash (dollars or Korean won),
money order, or "Logoed" credit/debit
card (Visa, Master Card, American Express, and Novus/Discover) . We
are unable to accept personal checks.
The alien investor and accompanying family members will have conditional
resident status for two years. Ninety days before the expiration date
printed on the alien registration card, the investor must file an I-829
petition with the CIS office to gain permanent resident status. To qualify,
the investor must show that the investment was made and that the enterprise
has since been in continuous operation.
Updated November 28, 2003
wwwh2160.html
|
