The EB-5 Visa: Invest in New York and Secure Your U.S. Residency

For many people around the world, living in the United States represents opportunity, security, and a better future. If you’re someone with the resources to invest, the EB-5 visa offers a unique path to permanent residency—not just for you, but for your family as well. At Vasiliou Law, based in Queens, NY, we understand how important this decision is, and we’re here to guide you every step of the way.

Here’s what you need to know about the EB-5 visa program and how it can apply specifically to New York.

What Is the EB-5 Visa?

The EB-5 visa is a federal immigration program that encourages foreign investment in the U.S. economy. It was created in 1990 with a simple goal: attract foreign investors, stimulate the economy, and create jobs.

In exchange for making a qualified investment and creating at least 10 full-time jobs for U.S. workers, EB-5 applicants can secure a green card for themselves, their spouse, and their unmarried children under 21.

How Does the Investment Work in New York?

To qualify for an EB-5 visa, you’ll need to make one of the following investments:

$1,050,000 in a standard business or development project.
$800,000 if the project is in a Targeted Employment Area (TEA)—a location designated as rural or having high unemployment.

New York City offers plenty of opportunities that fit these requirements. Many parts of Queens, Brooklyn, and the Bronx are considered TEAs, meaning you can qualify for the reduced $800,000 investment threshold.

What Types of Projects Are Available in NYC?

New York is a hub for EB-5 investment opportunities, and there are generally two ways you can invest:

Direct Investment:

If you’re an entrepreneur, you can start or expand your own business in New York. This approach gives you full control over the investment, but it also comes with added responsibilities, like proving you’ve created the required jobs. For example, opening a new restaurant in Queens or launching a tech startup in Brooklyn are potential options.

2. Regional Centers:

Don’t want to manage a business yourself? You can invest in a government-approved regional center, which pools funds from multiple investors for large-scale projects. In New York, regional centers often focus on real estate developments, such as luxury apartment buildings, hotels, or major infrastructure projects.

Why New York Is a Great Choice for EB-5 Investors

New York isn’t just a great place to invest—it’s also a great place to live. As an EB-5 investor, you’ll have access to everything the city has to offer:

Job Creation: With one of the largest and most diverse economies in the world, New York offers endless opportunities to invest in industries like real estate, hospitality, and technology.
Education: New York boasts world-class schools and universities, making it an ideal place to raise a family.
Diversity: As one of the most multicultural cities in the world, New York has communities from nearly every country. You’ll find a supportive and welcoming environment no matter where you’re from.

What’s the Application Process Like?

Applying for an EB-5 visa takes time, but it’s worth it. Here’s a quick overview of the steps:

Choose Your Investment: Decide whether you want to invest directly in a business or through a regional center.
File Form I-526: This is your initial petition to show that your investment qualifies under the EB-5 program.
Conditional Green Card: Once your petition is approved, you and your family can apply for a two-year conditional green card.
File Form I-829: Before your conditional green card expires, you’ll submit proof that your investment has met the job creation requirements. Once approved, you’ll receive permanent residency.

Why Choose Vasiliou Law?

Navigating the EB-5 process can feel overwhelming, especially with the significant financial and personal commitments involved. At Vasiliou Law, we’re here to make it easier. Based in Queens, we’re proud to serve one of the most diverse immigrant communities in the world, and we’ve helped countless clients successfully secure their visas.

We’ll help you evaluate investment opportunities in New York, handle the paperwork, and guide you through every stage of the process. Your success is our top priority.

Let’s Build Your Future in New York

The EB-5 visa isn’t just about investing in America—it’s about building a life for yourself and your family in one of the most exciting cities in the world. If you’re ready to start your journey, contact Vasiliou Law today.

Reach us at 347-967-6141 or visit www.svlawpartners.com to schedule a consultation. Your future in New York starts here!