Form I-829 (Petition by Entrepreneur to Remove Conditions on Permanent Resident Status)
Form I-829 (Petition by Entrepreneur to Remove Conditions on Permanent Resident Status)
Filed by individuals who obtained conditional permanent resident status through the EB-5 Immigrant Investor Program.
Key Points:
- Eligibility: For conditional residents who invested in a qualifying commercial enterprise and wish to remove the conditions on their residency.
- Purpose: To demonstrate that the investment was made and that the business has created or preserved the required number of jobs.
- Process: Must be filed within the 90-day period immediately before the second anniversary of obtaining conditional resident status.
- Supporting Documents: Includes evidence of the investment, job creation, and any financial records related to the business.
Conclusion:
Form I-829 is essential for EB-5 investors seeking to transition from conditional to permanent resident status by proving their investment’s impact and compliance with program requirements.