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What are the health insurance requirements for EB-5 investors?

My I-526 petition was approved and I will soon travel to the U.S. on an EB-5 visa. I would like to know what the requirements of individual health insurance are for a conditional green card holder. At the moment, I am not working in the U.S. and I have no U.S. income. This time I only plan to stay here for a few months. Do I have to purchase any health insurance?

Answers

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    Daniel A Zeft

    Immigration Attorney
    Answered on

    You are not required to purchase health insurance.

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    While there are changes in progress, the Internal Revenue Service will not process individual tax returns in 2018 unless taxpayers indicate whether they have health insurance coverage or an exemption.

  • Avatar

    BoBi Ahn

    Immigration Attorney
    Answered on

    There aren't any specific health insurance requirements for EB-5 investors.

  • Avatar

    Lynne Feldman

    Immigration Attorney
    Answered on

    Not required but maybe desired.

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    Jinhee Wilde

    Immigration Attorney
    Answered on

    Buying health insurance is not a requirement for keeping your conditional residency. However, if you get injured or get sick while you are here, you may want to have some insurance coverage so that you will not need to pay completely out of pocket. If you have a health insurance from your home country that works here, that may be enough.

  • Avatar

    Robert West

    Immigration Attorney
    Answered on

    Technically, no immediate requirements. You need to live in the U.S. six months per year to keep your green card.

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    Charles Foster

    Immigration Attorney
    Answered on

    There are no requirements for any immigrant to the United States regarding health insurance, including for conditional green card holders. You are not required to buy health insurance, but given the high cost of health services, you are free, like any American, to buy health insurance on the open market, which is what most people do.

  • Avatar

    A Olusanjo Omoniyi

    Immigration Attorney
    Answered on

    There is no insurance requirement for EB-5 investors. Just as well, as you are not required to purchase any health insurance. However, for personal reasons, if you want to buy, there are many insurance information and offers out there for international travelers that can be beneficial for EB-5 investors like you. Advisably, consult traveling agencies, independent insurance agencies and insurance companies who can help.

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