Ed Beshara
Immigration AttorneyTraditionally, EB-5 regional center projects have required a personal investment of $500,000 plus an administration fee of about $50,000. In addition, the investor will pay attorney fees to the EB-5 attorney.
I am in the process of preparing my EB-5 application. I reviewed the requirements from the regional center to initiate the application process, but I noticed some additional fees. I want to know which costs are usually included in an EB-5 application in addition to the required $500,000 investment.
Traditionally, EB-5 regional center projects have required a personal investment of $500,000 plus an administration fee of about $50,000. In addition, the investor will pay attorney fees to the EB-5 attorney.
Many RC projects charge an administration fee ranging anywhere from a few thousand to $50,000. Also immigration attorney fees and USCIS filing fees. You may need another $50,000 or more beyond the investment itself.
Normally you have the admin fee, legal fees and government filing fees.
The regional center may have an administrative fee of $25,000 to $50,000. There are also attorney fees and the USCIS filing fee of $3,675.
In addition to the minimum required investment of $ 500,000 for TEA projects and of $1 million for non-TEA projects, there are three other major expense items: regional center charge of an administrative fee; USCIS standard fees; and the immigration attorneys charging for their services a fee that could include filing of the I-526 petition, a conditional green card and removal of conditions. After Nov. 21 this year, the minimum investment amounts will rise to $900,000 for TEA projects and $ 1.8 million for non-TEA projects. Besides, the definition of TEA will also change. Most of the projects that are processed today as a TEA at $500,000 will be reclassified as non-TEA and will, therefore, necessitate an investment of $1.8 million.
In addition to the minimum required capital investment ($500,000 for a TEA), the regional center will charge a fee. Attorney fees (if applicable) are also separate, as well as the USCIS petition filing fee.
I would estimate about $50,000 in processing and attorney fees.
A normal $50,000 administrative fee, payable to the regional center, and legal fees, plus USCIS filing fees.
Generally, you should expect additional fees such as: administrative expenses (about $50,000 or subject to negotiation), attorney fees (about $23,000 or more), I-526 petition fee ($3,675) and other expenses between you and your attorney, depending on your attorney-client agreement.
There is the regional center fee, filing fees and other miscellaneous fees, depending on your case.