EB-5 Approximate Costs

The costs associated with the EB-5 investment process can be broken down into three distinct phases based on the costs associated with each petition filing: I-526 (Phase I), I-485 (Phase II), and I-829 (Phase III).

I-526 (Phase I)

Item

  • Investment $800,000

  • Administrative Fee $60,000

  • Attorney Fee (Phase-I) $12,000

  • Source of Funds Report $8,000

  • USCIS Processing Fee $4,750

  • Bank Wire Fee $90

  • Total Cash Needed $884,840

I-485 (Phase II)

Item

  • Amount Attorney Fee (Phase II) $3,500

  • USCIS Consular Processing $405

  • USCIS Filing Fee – Age 14+ $1,140

  • USCIS Filing Fee – Under 14 $750

  • USCIS Biometric Fee $85

  • Bank Wire Fee $45

  • Total Cash Needed $5,925

Item

  • Attorney Fee $3,500

  • USCIS Fee $3,750

  • Biometric Fee $85

  • Bank Wire Fee $90

  • Total Cash Needed $7,425

I-829 (Phase III)

$800,000 investment and estimated $98,190 in fees and costs. Discounts to the administrative fee may be available on a case-by-case basis.

How Your EB-5 Investment Works

  • Most EB-5 investments tend to include real estate development as job creation as it is easiest to create jobs with construction.

  • New Commercial Enterprise: The New Commercial Enterprise (NCE) is the entity created into which the EB-5 investors invest. The NCE Manager is the issuer of the security and manages the New Commercial Enterprise into which the investors invest. The invested capital is then deployed as a loan or as equity to the Job Creating Entity.

  • Job Creating Entity (JCE): This is the project entity where the jobs will be created. In a typical EB-5 project each EB-5 investor buys one share of the NCE. From there the investors’ money is pooled together and either loaned or invested in the form of equity into the EB-5 project. The remaining amount required to complete the project may come from a developer, bank loan, grant, investment fund, or any other source of capital.

  • A “Loan” model project is a project in which the NCE makes a loan to the project. Each project will have a coupon rate and loan term/maturity date. The coupon rate is paid throughout the loan term beginning on the loan start date. A typical EB-5 project will have a loan term of 5 to 7 years.

  • Or you can chose the “Equity” model and select a condo at current market price per square foot at the time of your investment.

  • The NCE will secure a Deed Of Trust (Lien) on the subject property development to further guarantee repayment of your investment.