There are several legal ways for citizens of Saudi Arabia to bring their entire family to the United States to live and work. One of the most popular ways for citizens of Saudi Arabia to obtain a visa is through the EB-5 immigrant investor program. The EB-5 program was created to promote financial investment and job growth in the United States.
Therefore, in order to qualify as an EB-5 investor, applicants must invest at least one million dollars of at-risk capital and create a minimum of 10 full-time jobs for United States workers. There are exceptions to these requirements, however. Applicants can qualify for the EB-5 program by investing only $500,000 if that investment goes into a rural area or an area with high unemployment.
The main requirements for the EB-5 program include:
- An investment of at least $1,000,000 or
- An investment of at least $500,000 in a rural area and
- The creation of 10 full-time jobs for United State workers (not including the investor or his or her family) and
- Participation in the day-to-day management of the company
If you would like to apply for the EB-5 program, it is advisable to first find an immigration attorney who can help you through the complex process. Our office is experienced with every type of possible EB-5 project. research everything that is required of you. Then, you can apply to the program by submitting the investment amount into the program’s escrow account. Next, you will have to submit an Immigrant Petition by Alien Entrepreneur form to the United States Citizenship and Immigration Services with extensive documentation. It is during this time that you will need to prove that your investment was derived from a legitimate source– your attorney should be well versed with complex financial histories for its clients. If successful, the petition will be approved and your case will be moved to your local United States embassy. You will then have to seek approval through a visa interview.
The process of qualifying, applying and interviewing can be stressful and complicated. Moreover, there are a limited number of EB-5 visas available each year. If there are any mistakes on your application or if any of your documents are not in order, your application will be denied. This is why it is important to have a Los Angeles immigration attorney by your side who can guide you through the visa application process.