Current PD is October 2014 in EB2 . Changed the employer and hence lost the AOS/EB3 downgrade since perm needs to be reapplied with the new employer. Thinking about EB5 visa, heard it costs $950000 + attorney fee. How much time does it take to get conditional green card as of 2020. Are there any risks in losing principal? Which regional centers are safe to invest? Did anyone get GC/conditional GC through this? If so what's the overall processing time? Please share your experience##
Probably 7-10 years to get cgc of you apply now. We filed mar 2018 and i526 was approved April 2020. I485 filed April
Why do you say that? dates are current. You get ead immediately after 526 and they may have premium processing also available for that in December
I526 takes 2-4 years for approval. There are thousands of application pending from years 2018 to 2020. Dates are current only because uscis is slow to process i526. If not date would in 2017 or 2018
Why so obsessed with GC? That’s a lot of money to risk for me.
I am in the same situation. PD is October 2014 and changed company. Is it faster to go through EB5 or wait till dates become current in EB2 or EB3 after the expected retrogress next month.
2014 final action date will never become current in your life time. Max you can expect is EAD.
I’d rather take that million to another country and live like a king, if you really want to pay for a PR.
It's not donating, it's Investing in a business which could make more money
Its not investment, it wont make you any money (atleast for the period while your money is locked in). They might give you some return but that would be negligible and dont expect much. You are basically paying for the GC. A lot of first world countries offer investment based green card, 1 Million USD can get you a green card in a lot of places e.g Ireland, Canada, a lot of places in Europe as well.
Your GC will become current within 3 years if: 1) The new H1B rules stick. 2) You can renew your H1B. The new rules will probably result in 80% (estimate) of the GC queue being pruned.
I read 1/3 of h1b do not qualify so I don’t think it will prune the queue that much unless most of those who do not qualify are Indian
1/3 is not a correct estimate. The wage levels are set based on base salary alone (not TC) which very few make - IMO principal engineer and above in elite Big tech and Big finance companies (may be some senior engineers). Every one else is toast. Considering only 5-10% actually manage to reach principal and above at elite companies, and allowing for some margin of error (some lucky new grads, some lucky ones in low COL areas), close to 80% H1Bs are in trouble (and not just Indians). Honestly, it's brutal. But I am happy because it's fair (for everyone). Now ROW gets to walk in our shoes.
Is there an option to bring on a Green card searcher on a startup , I am working on startup that could use some money - and it can easily generate 50 jobs in the US . Has any one done that ?
What is a green card searcher?
Someone who is looking to pay a $1M for a green card
filed i526 in may 2019. still waiting for approval. atleast 2 years more to conditional GC
Can I dm you about the process ?
I see on the website that the cost is around 1.8M now for EB5
Not if you do it in the targeted employment area which most people do. It’s $900k
Anyone applied recently on eb5
I'm amazed you have 1M to throw away for a visa, but you don't have people to do all this research for you.
I did my own research, wanted to know others opinions here. Don't want to join the party without knowing the risks involved here
Its not a throwaway. If done right, it is an investment that would yield returns. You are not “buying” GC for 1m.