Articles Posted in Investor visas

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Are you interested in self-petitioning for a green card (permanent residence) in 2024? If so, you won’t want to miss this important video.

Overview

Did you know that it is possible to apply for a green card on your own through a self-petition and avoid the process of getting a U.S. job offer? In this video, we discuss the top three ways you can apply for permanent residence without a U.S. company sponsoring you and without a U.S. job offer.

Option #1: Employment-Based First Preference Category, EB-1A Aliens of Extraordinary Ability

The first immigrant visa classification we will discuss is the EB-1A visa. This immigrant visa is suitable for individuals who have attained “extraordinary ability” in the sciences, arts, education, business, or athletics through sustained national or international acclaim in their field.

Those who qualify for the EB-1A category can self-petition for their visa on their own. They do not need a U.S. job offer nor employment sponsorship to apply for permanent residence.

EB-1A is Current on the Visa Bulletin 

Additionally, as of June 2024 the EB-1A category remains current on the Visa Bulletin for all countries except India and China, which means that most applicants will not need to wait to apply for adjustment of status to permanent residence so long as the category remains current. For nationals of India and China please see the EB-1A wait times on the June 2024 Visa Bulletin.

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In this video attorney Jacob Sapochnick discusses the State Department’s release of the June 2024 Visa Bulletin. Learn all about the changes we are seeing in the family-sponsored and employment-based categories for the month of June in this video.

Adjustment of Status Filing Chart June 2024

For the month of June 2024, the U.S. Citizenship and Immigration Services (USCIS) will continue to use the Dates for Filing Chart for all family-sponsored preference categories, and the Final Action Dates Chart for all employment-based preference categories, when applying for adjustment of status to permanent residence in the United States.

Top Highlights of the June Visa Bulletin

Employment-Based Categories

Unfortunately, for the employment-based categories, the June Visa Bulletin shows no movement.

  • The Dates for Filing chart in June remains unchanged from the previous months.
  • The Final Action Dates for EB-1, EB-2, and EB-5 remain unchanged.
  • Only EB-3 India will advance by one week.

Family-Sponsored Categories

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Did you know? The May 2024 Visa Bulletin was recently released by the Department of State. In this video, attorney Jacob Sapochnick talks about the exciting movement we are seeing in almost all the family-sponsored categories in the month of May, and what we can expect to see for the employment-based categories in the coming months.

Adjustment of Status Filing Chart May 2024

For the month of May 2024, the U.S. Citizenship and Immigration Services (USCIS) will continue to use the Dates for Filing Chart for all family-sponsored preference categories, and the Final Action Dates Chart for all employment-based preference categories, when applying for adjustment of status to permanent residence in the United States.

What Can We Expect to see in the Month of May?

Family-sponsored categories

FINAL ACTION DATES FOR FAMILY-SPONSORED PREFERENCE CASES

The Final Action Dates Chart for the family-sponsored categories advanced for nearly all categories as follows:

  • F1 Mexico will advance by 5.5 months to October 15, 2001
  • F1 Philippines will remain the same at March 1, 2012
  • F1 All other countries will advance by 4.9 months to July 8, 2015
  • F2A Mexico will advance by 2.8 months to November 8, 2020
  • F2A Philippines will advance by 8.7 months to June 1, 2021
  • F2A All other countries will advance by 8.7 months to June 1, 2021
  • F2B Mexico will advance by 4.3 months to March 1, 2004
  • F2B Philippines will remain at October 22, 2011
  • F2B All other countries will advance by 4.3 months to April 1, 2016
  • F3 Mexico will advance by 10.4 months to July 22, 1999
  • F3 Philippines will advance by 1.8 months to August 1, 2002
  • F3 All other countries will advance by 3 months to January 1, 2010
  • F4 Worldwide and China will advance by 1.4 months to July 22, 2007
  • F4 India will advance by 1 month to January 15, 2006
  • F4 Mexico will advance by 3.3 months to January 22, 2001
  • F4 Philippines will advance by 2.8 months to September 8, 2003

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Have you ever wondered why new immigration cases are being approved faster than older pending cases? If so, then you may be interested to learn why this is happening, as well as how the review process is conducted by the U.S. Citizenship and Immigration Services (USCIS), and what you can do if you are facing this situation.

If you would like to know more about this topic, we invite you to watch our video.

Overview

Q: My case has been pending with USCIS for several months. I have recently learned that USCIS has been giving recently filed cases priority over older cases, why is that?

USCIS Review Process

To understand this issue, let’s first discuss how USCIS accepts and reviews cases once they are received by the agency.

After you submit your application including your forms and filing fees, the first thing USCIS will do is input the receipt of your application into their system and send a notice to you by mail confirming the date your materials were received and accepted as a complete filing. This receipt is known as the Notice of Action.

USCIS will create a new file and assign a case number to your application which will appear on your Notice of Action, which you can use to check the status of your application on the USCIS website and by telephone.

Your case will then be sorted and routed to the appropriate service center or field office that will oversee the evaluation of your application. The office that will be given jurisdiction over your case is determined by a number of factors including but not limited to, your case type, agency workloads, and the date of receipt.

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If you are holding any crypto assets, such as bitcoin, Ethereum, or any other blockchain cryptocurrency, can you use those assets to move to the United States?

In this video, attorney Jacob Sapochnick discusses the use of crypto assets as the source of funds for E-2 visa investment purposes and everything you need to know about this topic.

Overview

Is there a way to move to the United States using crypto assets?

Yes. The visa type that can be used for this purpose is the E-2 Treaty Investor nonimmigrant visa, which allows qualifying applicants to start and manage their businesses in the United States, by making an irrevocable investment in their business and hiring U.S. workers.

The E-2 visa allows foreign nationals to live and work for their U.S. business for an initial duration of two years. Thereafter, investors may apply for E-2 extensions in increments of up to two years each. One of the great advantages of the E-2 visa is that there is no limit to the number of extensions you can apply for, so long as you maintain a sincere intention to depart the United States when your visa status expires.

Additionally, this visa allows your spouse and unmarried children under age 21 to accompany you to the United States by seeking the E-2 classification as your dependents.

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https://www.youtube.com/watch?v=yz6vWTjLjuQ

If you are going through the immigrant visa process and are waiting for your interview to be scheduled at a U.S. Consulate or Embassy overseas, then you won’t want to miss this important video. Attorney Jacob Sapochnick shares the latest updates regarding the operational capacity of U.S. Consular posts and Embassies worldwide as of March 2024.

Overview

As the spring and summer months are approaching, U.S. Embassies and Consulates worldwide are accelerating the processing of immigrant visas to reduce the visa backlogs.

As we have seen, the Department of State has advanced the Final Action Dates for most employment-based categories in the April Visa Bulletin. Additionally, significant advancements were also made in the March Visa Bulletin for the family-sponsored categories.

These advancements will keep the Department of State busy in the coming months, as more and more immigrant visa cases that are documentarily complete are scheduled for interviews at U.S. Embassies and Consulates worldwide for those with current priority dates.

As our readers will know, during the height of the Coronavirus outbreak, there was an enormous demand for visa interviews, but not enough interview slots for applicants to be scheduled. But now things are improving.

As a reminder, please remember to tune into our monthly videos where we analyze the Visa Bulletin, explaining the availability of visas for family-sponsored and employment-based preference categories, numerical limitations, and how to know when your priority date is current during any given month.

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In this video, attorney Jacob Sapochnick analyzes the April 2024 Visa Bulletin and discusses the significant movement in the employment based categories and modest movement in the family-sponsored preference categories for the month of April. We also discuss our predictions on what to expect from the Visa Bulletin in the coming months.

If you would like to know more about this topic, we invite you to watch our video.

Adjustment of Status Filing Chart April 2024

For the month of April 2024, the U.S. Citizenship and Immigration Services (USCIS) will use the Dates for Filing chart for family-sponsored filings to determine eligibility for I-485 adjustment of status filings (green card filings inside the US).

For employment-based preference categories, USCIS will use the Final Action Dates chart to determine eligibility for I-485 adjustment of status filings (green card filings inside the US).

What Changes Can Be Seen Next Month?

Family-sponsored categories

Dates for Filing

The Dates for Filing chart remains unchanged from the previous month except for the following categories:

  • F4 India will advance by 1.5 months to April 8, 2006, and
  • F4 Philippines will advance by 1 year to April 22, 2005

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In this video, attorney Jacob Sapochnick shares everything you need to know about the February 2024 Visa Bulletin including a few changes in the employment based and family-sponsored preference categories. We also discuss our predictions on what to expect from the Visa Bulletin in the coming months.

If you would like to know more about this topic, we invite you to watch our video.

Adjustment of Status Filing Chart February 2024

As in the previous few months, the U.S. Citizenship and Immigration Services (USCIS) will continue to use the Dates for Filing chart in the month of February 2024 to determine eligibility for I-485 adjustment of status filings (green card filings inside the US).

What Changes Can Be Seen Next Month?

Employment-based categories

  • The February Dates for Filing remain the same as January 2024

Final Action Dates

  • EB-1 Worldwide: Final Action Dates will remain current.
  • EB-2 Worldwide: Final Action Dates will advance by two weeks to November 15, 2022.
  • EB-3 Professional/Skilled Workers: India will advance by one month to July 1, 2012. Final Action Dates for the remaining countries in this category will advance by one month to September 1, 2022.
  • EB-3 Other Workers: India will advance by one month to July 1, 2012.
  • EB-5: The EB-5 China Unreserved Final Action Date will advance by one week to December 15, 2015.

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In this video, attorney Jacob Sapochnick discusses a very important topic in immigration law: How can E2 treaty investors avoid application denials?

Many E2 investors looking to start their businesses in the United States frequently ask, what is the minimum amount of investment that is satisfactory to the immigration authorities for the E2 treaty investor program, and how can I maximize my chances of success?

If this topic interests you, please keep on watching our video.

Overview

Minimum Investment Amounts

One of the most common reasons for an E2 visa denial is where the applicant fails to demonstrate that they have made a “substantial” investment in their business venture.

A substantial investment is defined as one that is:

  • Substantial in relationship to the total cost of either purchasing an established enterprise or establishing a new one
  • Sufficient to ensure the treaty investor’s financial commitment to the successful operation of the enterprise
  • Of a magnitude to support the likelihood that the treaty investor will successfully develop and direct the enterprise. The lower the cost of the enterprise, the higher, proportionately, the investment must be to be considered substantial.

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In this blog post, we will discuss the top five ways that foreign investors can get a green card in the United States. This post will benefit potential investors or foreign nationals who want to maximize their chances of gaining permanent residence in the United States.

Overview

If you are a foreign investor or an entrepreneur there are essentially five ways to self-petition for permanent residence without the requirement of a job offer or employment sponsorship.

Option One: Green Card through the EB-5 Immigrant Investor Program

The first option is the EB-5 Immigrant Investor Program. This program allows qualifying investors to obtain conditional permanent residence through an EB-5 visa. To qualify, investors must make a capital investment of $800,000 (in a Targeted Employment Area Regional Center Project) or $1,050,000 (in a new commercial enterprise that you create or buy into – also known as direct EB-5 investments). You must also demonstrate that the capital you are investing comes from a lawful source, and that your investment will create at least 10 new jobs for U.S. workers. Additionally, your capital investment must be committed to the project for at least five to seven years.

Once an investor’s EB-5 petition has been approved, he or she will receive a 2-year conditional green card. Before the expiration of the green card, the investor must remove the conditions on his permanent resident status by filing an I-829 petition with USCIS. When removing the conditions on permanent residence, investors must prove that they made the required investment and that all EB-5 requirements were satisfied such as job creation.

Once USCIS approves the I-829 petition, the applicant’s residency status is no longer conditional and the investor will be issued a 10 year green card.

EB-5 Direct Investments

EB-5 direct investments are those where the capital is invested in a new commercial enterprise such as a franchise operation, hotel real estate development projects, large restaurants, IT projects, retail chain operations, and large construction projects.

One of the most important components of the EB-5 application process is that you must be prepared to demonstrate the source/origin of your investment funds through documentary evidence. In other words, your investment funds must be traceable to their originating source.

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