I am a physician, practicing in the United States on EB2I Visa. My income has averaged less than $200,000 over the last 2 years but is expecting to increase next year. My spouse cannot work due to current VISA restrictions. Do I qualify for EB5 based on income?
The question isn’t whether your income of $200,000 is adequate for the last two years. More importantly, how long have you been earning this amount of money? If you just got out of med school, it probably won’t be enough. If you’ve been practicing for a long time (even a salary much below $200,000) and can show your savings over the years that grew and grew to meet the required $500k, you should be able to qualify on your salary.
There is no income requirement under the EB-5 Program. But in order for you to subscribe to a limited partnership unit in an exempt EB-5 offering, you will need to be an accredited investor, which is defined as: "Any natural person whose individual net worth, or joint net worth with that person?s spouse, at the time of his purchase exceeds $1,000,000." or "Any natural person who had individual income in excess of $200,000 in each of the two most recent years or joint income with that person?s spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year."
For EB-5, you need to invest minimum $500,000. The money must be available to invest. Your salary just shows your earning ability. What counts is assets you have and available to invest.
You want to go with regular or regional center EB5.
