In the journey of exploring the U.S. Immigrant Investor, the EB-5 program has opened a door for many people seeking the American dream, however, unlike the immigration policies of other countries, the EB-5 immigration process involves two key stages: "temporary green card" and "permanent green card", thatWhat is a "temporary green card" and what is a "permanent green card"?
"Temporary green card" and "permanent green card" represent different levels of immigration status.
Benefits and Differences Between Temporary Green Card and Permanent Green Card:
Whether it is a temporary green card or a permanent green card, the holder has the same rights and interests as local residents in terms of social benefits, educational resources, and medical protection in the United States. Children can receive free education in U.S. public schools as local students, and family members are free to do business, work, and study in the U.S.
The biggest difference between the two is the expiration date, a temporary green card is only valid for two years, after which you can apply to change to a permanent green card for a period of ten years.
The transition from a temporary green card to a permanent green card
At the end of the provisional green card period, the EB-5 investor will need to meet certain conditions to successfully convert to a permanent green card, and the application must be based on the fact that the investment has not been withdrawn during the investment period and that the applicant has no criminal record in the past two years.
At present, the EB-5 investment immigration program in the United States is in the backlog stage, and 3,200 of the 10,000 EB-5 quotas under the new U.S. policy are reserved for TEA investors, and their applicants can get a temporary green card after submitting the I-526 and passing the review.
The TEA employment area refers to 20% rural areas, 10% high unemployment areas and 2% infrastructure.