The EB-5 Visa Program offers a unique pathway for Vietnamese investors and their families to obtain U.S. Green Cards through investment in the United States. This program, established by Congress in 1990, not only aims to stimulate the U.S. economy through job creation and capital investment by foreign investors but also opens the door to a brighter future for you and your loved ones.

Vietnam is a leader in EB-5 visa applications, and for good reason. Vietnam consistently ranks among the top countries for EB-5 applications! A whopping 815 EB-5 visas were issued to Vietnamese investors in 2022 alone. The EB-5 investor program in Vietnam has been popular since 2015. According to the U.S. visa bulletin, the application backlog for Vietnamese EB-5 investors ended in 2021. As of 2024, Vietnam’s final action date is current.

EB-5 Investor Visa Requirements for Vietnamese Investors

To qualify for the EB-5 Visa, Vietnamese investors must meet specific requirements:

1. Investment Amount: A minimum of $800,000 in a Targeted Employment Area (TEA) or $1,050,000 in a non-TEA.
2. Job Creation: The investment must create or preserve at least ten full-time jobs for qualifying U.S. workers.
3. Investment: The capital must be invested in a new commercial enterprise, and the investment must be at risk.

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Benefits of EB-5 Visa for Vietnamese Investors

1. Green Card for Family: Investors, their spouses, and unmarried children under 21 can obtain U.S. Green Cards.
2. Pathway to U.S. Citizenship: After five years of holding a Green Card, investors can apply for U.S. citizenship.
3. Freedom to Live, Work, and Study: Investors and their families can live, work, and study anywhere in the United States.
4. No Sponsorship Required: Unlike other visa categories, the EB-5 Visa does not require a U.S. employer or relative to sponsor the applicant.

The EB-5 Process for Vietnam Investors

1. Select an EB-5 Project: Investors choose a qualifying EB-5 project.
2. Make the Investment: Invest the required capital in the selected project.
3. File Form I-526: Submit the Immigrant Petition by Alien Investor (Form I-526) to the U.S. Citizenship and Immigration Services (USCIS).
4. Conditional Green Card: Upon approval of the I-526 petition, apply for a conditional Green Card.
5. Remove Conditions: After two years, file Form I-829 to remove the conditions and obtain permanent residency.

Processing Time of EB-5 Visa  for Vietnamese Investors 

The processing time for an EB-5 Visa for Vietnamese investors can vary based on several factors, including the specific circumstances of the application and current processing times at the U.S. Citizenship and Immigration Services (USCIS). Here are the general steps and estimated processing times:

1. Form I-526 Petition Approval: This is the initial application submitted to USCIS. The processing time for Form I-526 can range from 24 to 36 months or more, depending on USCIS backlogs and other factors.
2. Visa Availability (Priority Date): Once the I-526 is approved, Vietnamese investors must wait for a visa number to become available. Due to country-specific visa caps, there might be a waiting period if the demand exceeds the annual quota. This waiting period can vary for Vietnamese investors but has been around for several years due to deterioration.
3. Consular Processing or Adjustment of Status:
   • Consular Processing: For investors outside the U.S., this involves an interview at a U.S. embassy or consulate. This step can take several months, typically around 6 to 12 months.
   • Adjustment of Status: For investors already in the U.S. on another visa, this involves changing their status to a conditional permanent resident. This step also takes several months, typically around 6 to 12 months.
4. Conditional Green Card Issuance: After the consular interview or adjustment of status, the investor receives a conditional Green Card valid for two years.
5. Form I-829 Petition (Removal of Conditions): Investors must file Form I-829 within 90 days before the second anniversary of receiving their conditional Green Card. The processing time for Form I-829 can take 24 to 36 months or more.

Total Estimated Processing Time

From the initial I-526 petition filing to receiving a permanent Green Card, the entire process for Vietnamese investors can take approximately 5 to 10 years, considering current backlogs and visa availability issues.

Factors Influencing Processing Time

• USCIS Processing Times: Changes in USCIS processing efficiency and backlogs.
• Visa Bulletin: Changes in visa availability for Vietnam as published in the U.S. Department of State's Visa Bulletin.
• Documentation and Compliance: Completeness and accuracy of the submitted documentation and any requests for additional evidence or information.

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Why Choose PaperFree EB-5 Veitnam for Your EB-5 Visa Process?

Paperfree offers comprehensive support for Vietnamese investors pursuing the EB-5 Visa:

• Project Selection: Guidance in selecting suitable EB-5 projects.
• Documentation Assistance: Help with preparing and organizing necessary documentation.
• Legal and Financial Expertise: Access to top legal and financial advisors specializing in the EB-5 program.
• Continuous Support: Ongoing assistance throughout the investment and immigration process.

FAQs:

What is the EB-5 Visa Program for Vietnamese investors?

The EB-5 Visa provides a pathway for Vietnamese investors and their families to obtain U.S. Green Cards through significant investment in the United States, aimed at stimulating the U.S. economy by creating jobs.

How much do Vietnamese investors need to invest for the EB-5 Visa?

Vietnamese investors must invest a minimum of $800,000 in a Targeted Employment Area (TEA) or $1,050,000 in non-TEA projects to qualify for the EB-5 Visa.

What are the job creation requirements for the EB-5 Visa?

The investment made by a Vietnamese investor must create or preserve at least ten full-time jobs for qualifying U.S. workers.

Can family members benefit from the EB-5 Visa?

Yes, the investor's spouse and unmarried children under 21 can obtain U.S. Green Cards through the EB-5 Visa program.

What is the pathway to U.S. citizenship through the EB-5 Visa?

After maintaining a Green Card for five years, Vietnamese investors and their families can apply for U.S. citizenship.

What are the steps in the EB-5 Visa process for Vietnamese investors?

The process includes selecting a project, making the investment, filing Form I-526, obtaining a conditional Green Card, and filing Form I-829 to remove conditions.

What is the processing time for Vietnamese investors for the EB-5 Visa?

The total estimated processing time can range from 5 to 10 years, depending on USCIS processing times and visa availability.

What factors influence the EB-5 Visa processing time?

Processing times are influenced by USCIS efficiency, visa availability per the U.S. Visa Bulletin, and the completeness and accuracy of submitted documents.

Why choose PaperFree EB-5 Vietnam for your EB-5 Visa process?

PaperFree offers comprehensive support, including project selection, documentation assistance, and access to legal and financial experts.

How can Vietnamese investors schedule a consultation for the EB-5 Visa?

Vietnamese investors can schedule a free consultation with an expert EB-5 Visa consultant to discuss their American dream and investment plans.

Partner with PaperFree’s Carefully Vetted EB-5 Visa Consultants in Vietnam and Turn Your American Dream into Reality. 

Contact Nguyễn Thanh, our USA EB-5 Visa Consultant in Vietnam, today to book your free consultation.

Nguyễn Thanh

Expert EB-5 Visa  Consultant Vietnam

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