Removing Conditions on Permanent Resident Status for Entrepreneurial Investors
Entrepreneurial investors are granted conditional permanent resident status for a period of two years, during which the investors must satisfy certain conditions. If they are able to satisfy those conditions, investors can then petition for the removal of conditions on their permanent resident status in the United States. To accomplish this, investors will need to file the Form I-829 with the United States Citizenship and Immigration Services (USCIS) within 90 days preceding the two year anniversary of the investor’s conditional permanent resident status.
Though everything needed to be filed is specified on the form itself, it may be in the best interests of the investor to work with an attorney who understands what the USCIS requires. In particular, an attorney will be able to help investors ensure that they have every piece of evidence they need to prove that they have made an investment in a commercial enterprise and created, or will create within a reasonable period of time, at least 10 full-time jobs for qualifying employees. As complex as this may be by itself, there will be a number of other documents that you also need to collect before you can file Form I-829 with the USCIS.
If you are already in the United States on a conditional permanent resident status, or you are an entrepreneurial investor interested in residing in the U.S., you should reach out to an attorney that has experience helping people in your situation. To speak with an immigration attorney from AmLaw Group, please call our offices at (305) 509-6400 today.