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EB-5 Visa Requirements: Investment, Jobs & Business Plan

By Hassan Darwish··9 min read

Key takeaways

  • Invest $1,050,000, or $800,000 in a targeted employment area or infrastructure project.
  • Create at least ten full-time jobs for qualifying US workers, generally within about two years.
  • Capital must be genuinely at risk and from a fully documented lawful source.
  • Direct investors count direct jobs; regional centers may count indirect and induced jobs.
  • A direct EB-5 plan must meet the comprehensive Matter of Ho standard.
1Investcapital2FileI-526E3Conditionalgreencard4FileI-8295Permanentresidency
The EB-5 journey from qualifying investment to permanent residency.

The EB-5 Immigrant Investor Program offers a US green card to investors who put the required capital into a new commercial enterprise that creates jobs. The core EB-5 requirements are a qualifying investment of $1,050,000, or $800,000 in a targeted employment area, the creation of at least ten full-time US jobs, capital that is genuinely at risk and from a lawful source, and a credible plan showing how it all happens. This guide breaks down each requirement under the rules set by the 2022 Reform and Integrity Act.

This is general information, not legal advice, and approval is decided by USCIS. Work with a qualified EB-5 immigration attorney on your petition.

The EB-5 investment amount

Since the EB-5 Reform and Integrity Act of 2022, the standard minimum investment is $1,050,000. It drops to $800,000 if you invest in a targeted employment area (TEA), meaning a rural area or one with high unemployment, or in an infrastructure project. These amounts are indexed and adjust over time. The reduced-amount set-aside categories also reserve a share of annual visas: 20% for rural, 10% for high-unemployment, and 2% for infrastructure projects.

The job-creation requirement

Each investment must create at least ten full-time jobs for qualifying US workers, where full-time means 35 or more hours per week. Direct investors must create direct W-2 jobs in the enterprise. Investors through a regional centermay also count indirect and induced jobs estimated by an accepted economic methodology, which is why regional centers are popular for projects that create jobs more diffusely. The jobs generally must be created within about two years of the investor's admission or conditional residence.

At-risk capital and lawful source of funds

  • At risk. The capital must be fully committed and subject to loss, not a loan back to the investor or a guaranteed return.
  • Lawful source. You must document, in detail, that the funds came from a lawful source, salary, business income, sale of property, gift, or inheritance, with a complete paper trail. Source-of-funds problems are among the most common reasons for a request for evidence.

Direct investment vs a regional center

A direct EB-5 means you invest in and actively manage your own new commercial enterprise, counting only direct jobs. A regional center investment pools capital into a larger, USCIS-designated project, allows indirect job counting, and is more passive. The route changes which forms you file and how much the business plan carries the case.

The EB-5 business plan and Matter of Ho

For a direct EB-5, the business plan is the heart of the petition. It must meet the Matter of Ho standard, the 1998 precedent requiring a plan comprehensive and credible enough to convince USCIS the enterprise will genuinely create the required jobs. A Matter of Ho-compliant plan clearly shows what the business does, where it operates, exactly how the invested capital will be spent, and a hiring timeline reaching at least ten full-time jobs, all backed by credible five-year financials. Regional-center cases pair an economic impact report with a business plan for the underlying project.

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The EB-5 process and timeline

Investors file Form I-526E (regional center) or I-526 (direct) to establish eligibility. After approval, you obtain conditional permanent residence through consular processing or adjustment of status. Roughly two years later, you file Form I-829 to remove conditions, proving the investment was sustained and the jobs were created. Timelines vary widely by category and country of birth.

How EB-5 compares to other routes

EB-5 leads directly to a green card but requires the most capital and documentation. If you are comparing investor options, see E-2 visa vs EB-5 visa and the E-2 visa requirements. Our immigration business plan service builds EB-5 plans to the Matter of Ho standard.

Frequently asked questions

What are the requirements for an EB-5 visa?+
A qualifying investment of $1,050,000 (or $800,000 in a targeted employment area), creation of at least ten full-time US jobs, capital that is at risk and from a documented lawful source, investment in a new commercial enterprise, and a credible business plan supporting the job creation.
How much do you need to invest for EB-5?+
$1,050,000 is the standard minimum. It is reduced to $800,000 for investments in a targeted employment area (rural or high-unemployment) or an infrastructure project. These figures are indexed and adjust over time.
Does EB-5 require a business plan?+
Yes for direct investments, where the plan must meet the Matter of Ho standard: comprehensive and credible enough to show the enterprise will create the required ten jobs. Regional-center cases pair a business plan for the project with an economic impact analysis.
How many jobs must an EB-5 investment create?+
At least ten full-time positions of 35 or more hours per week for qualifying US workers, generally created within about two years. Direct investors count direct jobs; regional-center investors may also count indirect and induced jobs.

About the author

Hassan Darwish, Immigration Business Plan Lead

Hassan Darwish

Immigration Business Plan Lead

Hassan specializes in USCIS- and consulate-ready business plans, working alongside immigration attorneys on E-2, EB-5, L-1, and EB-2 NIW cases. He leads Planypals' immigration content and is deeply familiar with the standards adjudicators apply, from the Matter of Ho job-creation bar to E-2 marginality. His plans support the petition; they never replace legal counsel.

Reviewed for accuracy by Claire Whitfield, Managing Editor.

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