Peachtree Group recibe la aprobación I-956F del USCIS para el proyecto EB-5 Palmdale

ATLANTA, GEORGIAGrupo Peachtree («Peachtree») recibió su aprobación I-956F del Servicio de Ciudadanía e Inmigración de los Estados Unidos (USCIS), la agencia gubernamental que supervisa el Programa de Inversionistas Inmigrantes EB-5, para la empresa TownePlace Suites by Marriott en Palmdale, California, que se encuentra actualmente en construcción.

La aprobación de la I-956F, otorgada por el USCIS, marca un paso crucial en los esfuerzos continuos de Peachtree para facilitar las oportunidades de inversión a través del programa EB-5, que está diseñado para promover el crecimiento económico y la creación de empleo en los EE. UU. Este es el segundo desarrollo hotelero para el que Peachtree recibe la aprobación, ya que anteriormente la obtuvo para su desarrollo Home2 Suites by Hilton en Boone, Carolina del Norte.

«Estamos entusiasmados de recibir la aprobación del USCIS para nuestro proyecto en Palmdale», dijo Adam Greene, vicepresidente ejecutivo de EB-5 en Peachtree. «Este logro subraya nuestro compromiso continuo de ofrecer desarrollos de alta calidad que impulsen el crecimiento económico y creen oportunidades significativas tanto para los inversores como para las comunidades locales».

Se espera que el TownePlace Suites by Marriott en Palmdale sea un hotel de estadías prolongadas de primer nivel, que ofrezca alojamiento moderno y comodidades adaptadas a las necesidades de los viajeros de negocios y de placer. La finalización del hotel está prevista para la primavera de 2025.

«Nos centramos en el desarrollo hotelero porque el sector ha demostrado ser excepcionalmente resiliente y ofrecer agilidad y flexibilidad para afrontar los desafíos económicos. Con una oferta hotelera nueva limitada y una creciente demanda de viajes, los nuevos activos están en condiciones de ofrecer un rendimiento superior, especialmente en la era posterior a la COVID, en la que la solidez de los fundamentos y la dinámica del mercado crean importantes oportunidades. La previsión de que el gasto mundial en viajes alcance los 15,5 billones de dólares en la próxima década, superando la inflación, subraya aún más el potencial a largo plazo del sector hotelero, lo que lo convierte en una oportunidad de inversión muy atractiva», afirmó Greene.

Peachtree lanzó su programa EB-5 en 2023 como una herramienta de financiación clave para apoyar proyectos de creación de empleo en todo el país. La firma mantiene su compromiso de ofrecer oportunidades de inversión y desarrollo de alta calidad a través de su creciente cartera de proyectos EB-5.

«El desarrollo de TownePlace Suites, al igual que el de Home2 Suites, incluye una importante inversión de capital propio. Esta alineación de intereses con los de nuestros inversores EB-5 fomenta un compromiso compartido, refuerza la confianza en el éxito del proyecto y tranquiliza a todas las partes interesadas», agregó Greene.

El programa de visas EB-5 permite a los inversores extranjeros obtener una tarjeta verde a cambio de realizar una inversión significativa en una nueva empresa comercial que genere empleos en los EE. UU. Según el programa, los ciudadanos extranjeros que inviertan un mínimo de 800 000 dólares en un proyecto con sede en EE. UU. que cree o conserve al menos 10 empleos a tiempo completo para trabajadores estadounidenses son elegibles para solicitar la residencia permanente.

Acerca de Peachtree Group
Grupo Peachtree es una firma de gestión de inversiones integrada verticalmente que se especializa en identificar y capitalizar oportunidades en mercados dislocados, respaldados por bienes raíces comerciales. En la actualidad, la empresa gestiona miles de millones de dólares de capital a través de adquisiciones, desarrollos y préstamos, además de servicios diseñados para proteger, respaldar y hacer crecer sus inversiones. Para obtener más información, visite www.peachtreegroup.com.

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Converting Your H-1B Visa to an EB-5 Visa: Your Path to Permanent Residency

Looking for an alternative to an H-1B visa? This short guide walks you through the process of transitioning from an H-1B to an EB-5 visa, helping you understand your options to make an informed decision about your immigration journey.

If you're working in the United States on an H-1B visa and seeking permanent residency, the EB-5 Immigrant Investor Program offers a promising path forward. This comprehensive guide walks you through the process of transitioning from an H-1B to an EB-5 visa, helping you understand your options to make an informed decision about your immigration journey.

 

H-1B vs. EB-5: Understanding the Key Differences

 

The H-1B visa is a temporary, employer-sponsored visa that ties you to a specific company. You need to win a lottery to get one, and you'll face regular renewal requirements. Plus, your stay in the U.S. is always dependent on your employment status.

 

The EB-5 visa, on the other hand, offers a direct path to permanent residency. No employer sponsorship needed! With an EB-5 visa, you can:

  • Live and work anywhere in the United States
  • Include your spouse and unmarried children under age 21 in your application
  • Avoid the stress of visa renewals and employer dependencies

 

Can You Convert from H-1B to EB-5?

 

Yes, while it's not exactly a "conversion," you can apply for an EB-5 visa while maintaining your H-1B status. Here are the key requirements for an EB-5 visa:

  • Make an $800,000 investment in a qualifying Regional Center project
  • Create jobs for U.S. workers through your investment
  • Demonstrate a legitimate source of investment funds

 

Acceptable funding sources for H-1B holders include:

  • Accumulated earnings verified by wage statements and tax returns
  • Personal savings and investments
  • Retirement plan funds
  • Secured loans or documented gifts

The Timeline and Process for EB-5 Approval

The transition from H-1B to EB-5 status typically requires between 4 to 18 months, depending on USCIS processing times. Your immigration journey begins with selecting and investing in a qualified EB-5 project. Once you've made your investment, you'll submit your petition to USCIS. During this waiting period, maintaining your current H-1B status provides important immigration security.

 

Understanding Concurrent Filing Benefits and Risks

 

The concurrent filing option presents an interesting opportunity for H-1B holders pursuing EB-5 visas. This process allows you to receive an Employment Authorization Document and advance parole privileges (travel authorization) immediately after filing your EB-5 petition. These benefits enable work authorization independent of your H-1B employer and facilitate international travel. However, immigration attorneys often advise maintainingH-1B status throughout the EB-5 process, as switching to concurrent filing status may prevent you from returning to H-1B status if needed.

 

Making an Informed Decision

 

The journey from H-1B to permanent residency through the EB-5 program represents a significant opportunity for foreign workers in the United States. While the $800,000 investment requirement is substantial, the benefits of permanent residency and workplace freedom make it an attractive option form any H-1B professionals. Consulting with qualified immigration attorneys helps ensure you understand all aspects of the process and make the visa choice aligned with your long-term immigration goals.

 

Taking the Next Step

 

Converting from an H-1B to an EB-5 visa offers a clear path to permanent residency in the United States. By understanding the requirements, timeline, and potential challenges, you can make informed decisions about your immigration future. Remember that professional legal guidance proves invaluable throughout this complex but rewarding process.

Peachtree Group has more than 40 years’ experience in EB-5 investing. Have questions about EB-5, visit our website or fill out our contact form.

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How You Think About the EB5 Visa Country Cap is WRONG! Here's why.

Conventional wisdom states that the EB5 visa country cap is calculated within each preference category, but that thinking is not correct, and we explain why.

Conventional wisdom states that the EB5 visa country cap is calculated within each preference category, not across all preference categories.  That would mean that no one country could have more than 7% of just EB-5 visas in any reserved visa category.

Conventional EB-5 wisdom on country caps is wrong.

In a US Federal Register announcement dated March 28, 2023, the US Government acknowledged they were calculating country caps incorrectly and outlined how country caps were to be calculated moving forward.

Since April 2023, country caps are calculated based on the total number of visas available in ALL preference categories including family-based and employment-based. Immigrants from a particular county are not subject to a country cap until applications for ALL preference categories for that country reach 7%.

Once both family-based and employment-based visa applications for a particular country reach 7%, the Department of State imposes backlogs for that particular country in each preference category based on priority dates across all categories.

Investors born outside of China and India can confidently choose between either a rural or high unemployment project.

The Visa Bulletin shows China, India, Mexico, and the Philippines have all reached the 7% cap across the family-based and employment-based visas. Since Mexico and the Philippines are not big users of the EB-5 preference, China and India are currently the only countries subject to a country cap on EB-5 unreserved visas. What this means: If you were born outside of China or India, you don't need to worry about backlogs or waiting lines whether you invest in a rural or high unemployment TEA. Unless and until another country reaches the 7% quota across all preference categories, we should not expect there to be a backlog for those countries in EB-5. If you were born in China or India, you should speak with knowledgeable EB-5 professionals to understand the potential waiting periods. However, remember that your EB-5 investment decision should be based on all of the factors that are important to you, not just the potential visa quotas.

About Peachtree Group

Peachtree Group is an investment firm driving growth with a diverse portfolio of commercial real estate assets and other ventures, with a specialty in hospitality. We’ve executed hundreds of investments since inception with a focus on real estate acquisition, development, and lending. Today, we manage billions in equity, augmented by services designed to protect, support, and grow your investment.

Peachtree Group has an EB-5 visa by investment program which allows foreign nationals the opportunity to attain permanent residency in the United States. The EB-5 visa program allows you to invest in job creating projects in the U.S. creating a path to a green card for you and your family. The minimum investment is $1,050,000. However, investment in Targeted Employment Areas reduces the minimum cost to $800,000. Learn more about the EB-5 visa by investment program.

EB-5
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USCIS Form I-485 for EB-5 Investors Explained

Learn how EB-5 investors can leverage the I-485 form to adjust their immigration status, the eligibility requirements for EB-5 investors, the essential documents needed, and how Form I-485 fits into the overall EB-5 process.
Header image showing a picture of a green card and the I485 application with the title "USCIS Form I-485 for EB-5 Investors Explained"

Form I-485, or the "Application to Register Permanent Residence" allows an EB-5 investor to adjust their investor's status from a non-immigrant to a conditional permanent resident (CPR). To take advantage of this, the EB-5 investor must already be in the United States lawfully on a non-immigrant visa such as a F-1 or H-1B. The form is generally filed after the I-526E Petition which is the first step in the EB-5 visa process. This blog post explains how the Form I485 fits into the overall EB-5 process, the essential documents needed, and how to avoid potential delays in the adjustment of status journey.

Concurrent Filing

The passing of the EB-5 Reform and Integrity Act of 2022 (“RIA”) allowed EB-5 investors to file Form I-485 concurrently with Form I-526E if visas are available.  This is called concurrent filing and allows investors to remain in the US while their application is processed. In short, if you are in the U.S. you can stay in the U.S. while you wait for the adjudication of your Form I-526E Petition.

Conditional Permanent Residency

Once the I-485 is approved, the investor becomes a conditional permanent resident which is good for two years. During this time, they need to fulfil the promise they made with the I-526 form to invest in a project that creates US jobs. In order to remove the conditional and become a permanent resident, the investor must file Form I-829 or the "Petition by Investor to Remove Conditions on Permanent Resident Status". Once this is granted, the investor and their eligible family members receive permanent green cards.

Investor Benefits During I-485 processing:

While the I-485 is processing, EB-5 investors may also file a Form I-765, "Application for Employment Authorization" and Form I-131, "Application for Travel Document" to receive an employment authorization and travel permit, which allows them to work in the US and travel while their applications are pending.

I-485 Filing Requirements: Documents to be submitted with your Form I-485

Peachtree Group encourages ourEB-5 investors to consult with their immigration attorney and to read through the Form I-485 form instructions as the specific evidence required with theForm I-485 application may vary depending on the immigrant category you are filing under.

Documents required to be submitted with your Form I-485 include:

  1. Passport-style photographs
  2.  Government-Issued identity document with photograph
  3. Birth Certificate
  4.  Inspection and Admission or Inspection and Parole
    1. Passport page with admission or parole stamp;
    2. Passport page with nonimmigrant visa; and
    3. FormI-94 Arrival-Departure Record.
  5. Evidence of Maintenance of Status
  6. Original Sealed Medical Exam Results (FormI-693)

 

I-485 EB5 Filing Costs

As November 2024, the filing fee for Form I-485 is $1,440. The EB-5 investor pays additional filing fees if they are also filing Form I-765 and Form I-131. Be sure to check the USCIS website for the most up to date fee information. In addition, this site has information on what to do while you wait for your green card application.

 

Prevent unnecessary delays in the adjudication of Form I-485

By following the I 485 form instructions and submitting all the required evidence and supporting documentation at the time of the Form I-485 filing, EB-5 investors may avoid receiving a Request for Evidence (“RFE”) from USCIS.

Tips to prevent receiving an RFE include:

  • Form I-693, Report of Immigration MedicalExamination and Vaccination Record
  • Only a USCIS designated civil surgeon can perform this medical examination in the United States. The civil surgeon will document the results of the examination on Form I-693. USCIS considers a complete Form I-693 to remain valid for two years from the date the civil surgeon signs the form.  
  • Due to the limited time validity of Form I-693, EB-5 investors are not required to submit Form I-693 at the time they file their adjustment application but may select to do so in order to avoid a RFE and delay the adjudication process. USCIS cannot approve the Form I-485 without having the report of Immigration Medical Examination and Vaccination Record, so if the Form I-693 is not filed with the adjustment of status, USCIS will have to issue an REF to obtain the medical report.
  • File all required initial evidence and supporting documentation as described in the form instructions; and
  • Use the current edition of Form I-485

Additional Resources

For more information about the I-526E Form and the EB-5 Immigrant Investor Program, consider consulting the following resources: