Investors · EB-5
The EB-5 process, step by step
A plain-language outline of how an EB-5 investment moves from first reading to the removal of conditions, based on USCIS guidance. No offering is being made on this website.
Process
Five steps from learning to removal of conditions
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Next
Learn and verify
Read USCIS guidance, engage your own immigration and securities counsel, and confirm the source of your funds can be documented.
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Next
Receive offering documents
Eligible investors receive confidential offering documents from the new commercial enterprise, after the regional center has filed Form I-956F for the project.
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Next
Invest and file Form I-526E
The investor places capital in the new commercial enterprise and files Form I-526E with USCIS, with evidence of the investment and the lawful source of funds.
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Next
Conditional permanent residence
After USCIS approves the petition and a visa is available, the investor and eligible family members apply for a conditional residence visa or adjustment of status.
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Next
File Form I-829
Near the end of the two-year conditional period, the investor files Form I-829 to remove conditions, showing the investment was sustained and the required jobs were created.
What unlocks the next step: Each step depends on USCIS adjudication and on the investor's own counsel.
How the steps apply to each project
These steps repeat for each project. Every project would have its own new commercial enterprise, paired with its own job-creating entity, and would select its own regional center. Read how that works on the per-project structure page.
Roles
Who does what
The forms named below are set out in the USCIS, EB-5 Questions and Answers.
| Party | What they do |
|---|---|
| Investor | Engages their own counsel, documents the lawful source and path of funds, invests in the new commercial enterprise and files Forms I-526E and I-829. |
| Investor’s own counsel | Advises on eligibility, prepares and files the immigration petitions and reviews the offering documents with the investor. |
| Project fund (NCE) | The entity in which investors would hold their interests. Any offer would be made only through confidential offering documents to eligible investors. |
| Project company (JCE) | Would receive capital from the project fund and build and operate the US campuses that create the jobs counted for EB-5 purposes. |
| Regional center | A USCIS-designated sponsor that files Form I-956F for a project. Selected for each project, with counsel. |
| USCIS | Reviews Forms I-956F, I-526E and I-829, decides each petition on its own merits and publishes processing times. |
Preparation
Documents investors typically prepare
This is a general outline, not legal advice. Your own immigration counsel decides what your petition needs and how each document is presented.
Documents in a language other than English usually need a certified English translation. Keep a consistent record of every transfer, from the account where the funds were earned to the final transfer into the new commercial enterprise.
Identity
Passports, birth certificates and any previous US immigration records.
Source and path of funds
Records showing how the investment funds were earned and how they moved, step by step, to the new commercial enterprise.
Tax and bank records
Tax filings, bank statements and other financial records that support the source of funds.
Family documents
Marriage certificates and the birth certificates of children who would be included in the petition.
Our role
What PacinfraX does and does not do
PacinfraX does not give immigration, legal or tax advice, does not prepare or file petitions for investors and never asks for investment funds through this website. Requests for offering documents go through the interest form. Eligible investors receive confidential offering documents only after the checks required by US securities law.
Timing
Processing times
We do not state timelines; USCIS publishes current figures for each form on its USCIS processing times page.
Program authorization
After September 30, 2027
The Regional Center Program is authorized through September 30, 2027. Reauthorization is a matter for Congress and is not assured. Investors should discuss this with their own counsel. See the USCIS, EB-5 Immigrant Investor Program page for the current status.
Questions about EB-5 at PacinfraX?
Register interest or write to [email protected]. Our investor relations team replies within two business days.
