EB5 Investors Magazine Volume 1 Issue 1 | Page 50

Continued from page 49
F-1 Student Visa
H-1B Nonimmigrant Work Visa
L-1A Intracompany Manager or Executive
E-2 Treaty Investor
O-1 Alien of Extraordinary Ability
Filing Process
Sponsoring school issues a student an I-20 and they obtain the visa directly at the consulate abroad . Change of Status in the United States is permitted as well .
For quota subject petitions , applicants file on April 1st of any given year for an Oct . 1st start date . Applications are filed with the USCIS and applicants can either change status in the United States or obtain a visa at the consulate abroad with their approval notice .
Applications are filed with the USCIS and applicants can either change status in the United States or obtain a visa at the consulate abroad with their approval notice .
Consulates do not give deference to USCIS approvals of E-2 petitions . Therefore , applicants commonly file directly at the U . S . embassy or consulate in their home country .
Applications are filed with the USCIS , and applicants can either change status in the United States or obtain a visa at the consulate abroad with their approval notice .
Timing Issuance of an I-20 sponsorship form by a school takes a matter of days . Visa appointments will vary by home country wait times .
Applications take 2 to 3 months to be processed .
Applications currently take 1 to 2 months to be processed .
Timing will vary depending on availability of appointments at home . country consulate .
Applications currently take 1 to 2 months to be processed .
Expedited “ premium processing ” available ? ( Extra $ 1,225 USCIS filing fee )
N / A
Yes
Yes
Yes , if filed with USCIS . Not available at the Consulate .
Yes
Restrictions during pendency of immigrant visa and green card application
Yes , the investor will not be permitted to travel until they obtain an “ Advance Parole ” travel document as an ancillary benefit of filing their Adjustment of Status application .
No , the investor may continue to travel on a valid H-1B visa during the pendency of their I-526 and Adjustment of Status applications .
No , the investor may continue to travel on a valid L-1A visa during the pendency of their I-526 and Adjustment of Status applications .
Restrictions will apply at a certain point in the green card application process .
Restrictions will apply at a certain point in the green card application process .
Can spouses be employed in dependent status ?
No ; they must wait for the EAD to be granted pursuant to the pending green card application .
No ; they must wait for the EAD to be granted pursuant to the pending green card application .
Yes
Yes
No ; they must wait for the EAD to be granted pursuant to the pending green card application .
Length of visa
Until completion of academic program .
Max of 6 years given in 3 year increments .
Max of 7 years given in 3 year increments ; startups given initial 1 year .
Up to 5 years and renewable with no set limit .
Up to 3 years and renewable in 1 year increments unless position changes and then 3 year extension granted . No set limit on extension requests .
Investment required ?
No No No Yes No
50 EB5 Investors Magazine