I would like to invest $1,000,000 dollars in the States and would like to know how much it will cost me additionally. What is the approximate total cost?
In addition to the required investment amount, investors should factor in the following costs when applying for the EB-5: Government filing fees for the I-526 petition, consular immigrant visa processing or adjustment of status (if in the U.S.) and the subsequent I-829 petition Legal fees for filing of the applications Administrative fees charges by the regional center.
On the assumption you are making a direct investment in your own business, we would classify it as a direct EB5 investment. The related costs include the following estimates.Remember, all professionals have different experiences and expertise. 1.Immigration Attorney for I 526 $30,000.00 plus costs 2. Business Planner $7,500.00 plus costs 3. Corporate Attorney( and related matters) $10,000.00 plus costs Please note these are estimates only and change based upon the expertise of the professionals. Please seek the services of a qualified Immigration Attorney for guidance.
The total investment depends on where you invest, but it should not cost more than $ 1 million for the principal amount of the EB-5 investment. If you pick a Regional Center located in a high unemployment area (TEA), you may only have to invest $500,000 plus approx. $50,000 syndication fee. You should find ones with good approval track record. Please consult financial advisors who specialize in recommending EB-5 regional centers. You may consult with me to get a second opinion if you wish, but I do not make recommendations of any particular regional center ? it should be your decision after doing your due diligence. There are processing costs as follows for any EB-5 case: $15,000 legal fees, $1700 for USCIS filing fees and Fed Ex costs, $405 per person visa application fees.
As the specifics of your proposed investment on not stated in the question I will give you a range of the cost of a $1 million investment in both a regional center projects as well as a direct investment project and in addition to a direct investment project that you start own and operate. 1. Regional Center project: $1 million plus approximately $80,000 totals $1,080,000. If no agent is involved the cost could be reduced by approximately 50% 2. Non-Regional Center project: $1 million plus approximately $80,000 totals $1,080,000 3. Direct investment owned and operated by the investor and perhaps some co-investors: $1 million plus approximately $100,000 totals $1,100,000. In this case it would also have the experience of preparing corporate transactional documents and a comprehensive business plan the first investor case will cost approximately $100,000. Additional cases would be far less as the transactional documents will have been done including the comprehensive business plan. If no agent is involved the cost could be reduced by approximately 40%.
You should plan on spending additional legal fees, government filing fees, and (if using a regional center) administrative fees, as well. Those fees will range depending on the lawyer you hire, whether you use a regional center and, if so, which one.
