Step–by–Step Application Process
Step 1: Contact SarahVisa and inform your intention that you would like to register with NREDC. Sarah will assist you with the registration process.
Step 2: The NREDC gives the investor a Confidential Offering Memorandum describing in detail the proposed NREDC investment project.
Step 3: If interested in investing in the project, the investor signs the Subscription Agreement and other requested documents and provides financial and background information to the NREDC for review. The investor also deposits US$500,000 in a secured escrow account.
Step 4: The investor’s attorney prepares and files the I-526 Petition with the USCIS. The investor must pay an application fee to USCIS.
Step 5: If the I-526 Petition is approved, the US$500,000 in the secure escrow account is unconditionally released and invested in the project. If the application is denied by USCIS, the full US$500,000 investment is promptly refunded to the investor from the secure Citibank escrow account.
Step 6: Following approval of the I-526 Petition, the investor will be given a U.S. Consular Interview in the investor’s home country or if the investor resides in the U.S., receive an adjustment of status. Following the interview, the investor and family members enter the United States to receive a conditional Green Card.
Step 7: Upon receipt of the conditional Green Card, the investor and family are free to live anywhere in the United States with unrestricted travel and work rights.
Step 8: After two years, the investor’s attorney files an I-829 Petition to make the investor’s Green Card permanent, rather than “conditional.” The NREDC will assist the investor and his or her attorney in the preparation of the application.
Step 9: Upon approval of the I-829 Petition, the conditional status of the Green Card is removed and the investor’s Green Card is deemed permanent.
Step 10: After 5 years of issuance of the conditional Green Card (and maintaining the full investment in the NREDC investment project), the investor and family may apply for U.S. citizenship.
Step 11: After 5 years, the investor has the option of cashing out the EB-5 investment. To date, 100 percent of investors in NREDC projects who choose to cash out have received a return on their initial capital investment.
- Passport Identification Page (for you and the family members who will be immigrating with you)
- U.S. Visa Stamps and I-94 Departure Record (for you and the family members who are currently in the U.S)
- Birth certificates and marriage certificate
- Net worth statement/statement of financial condition (inform us of your financial status)
- Earnings and account statements, employer letters, closing documents, property deeds, and other documents regarding source of funds
- Bank account statements and wire transfer records re: withdrawal and transfer of funds from your bank account to U.S. enterprise
- Business Registration/Incorporation documents of any business owned (U.S. and Abroad)
- Individual income tax returns for past 5 years (U.S. and Abroad)
- Business income tax returns for past 5 years (U.S. and Abroad)
- Resume, curriculum vitae, or biographical statement