Chad Investors for EB-5 VisaChad investors for the EB-5 Visa obtain permanent residency in the United States through a new commercial investment and job development. Chad EB-5 Visa investors are required to invest in a US enterprise that leads to a minimum of 10 full-time jobs for citizens of the United States. The EB5 Immigrant Investor Visa Program allows Chadian investors who meet the program conditions to live, work, and study in the US permanently with their spouses and children under 21.

Chadian EB5 investors who are presently in the US are able to submit both their EB5 and permanent residency petitions concurrently for faster processing. Retrogression in the EB 5 Visa processing is not an issue for Chadian investors and it is not anticipated to be one in the future. Chadian investors and their families are permitted to visit any US location as well as numerous countries without a visa as USA Permanent Residents. Children of Chadian EB-5 investors qualify for reduced tuition costs and educational support when studying in the United States.

What is EB-5 Visa for Chad Investors?

The EB-5 Visa for Chad investors is an immigrant classification that allows applicants to obtain a U.S. Green Card (Permanent Residence) through investment and job creation. The EB-5 Visa for Chad investors requires a minimum investment in a new commercial enterprise (NCE) that leads to at least 10 full-time jobs for Americans. Chadian investors, their spouses, and minor children obtain a 2-year initial Conditional Green Card (Permanent Residence) with a successful EB-5 Visa application. Chadian EB5 investors are able to live, work, and study in the US as Permanent Residents. 

What are the Benefits of EB-5 Visa for Chadian Investors?

Chadian investors, their spouses, and their minor children with an EB-5 Immigrant Investment Visa benefit from the following.

  • Permanent relocation to the United States. The EB5 Visa Program enables wealthy Chadian investors and their families to move permanently to the USA without any need for a sponsor. 
  • Economic ventures in the United States. Chadian investors have the chance to expand their businesses and participate in the US’s secure and thriving global economy.
  • American education and employment. High-net-worth Chadians want their children to gain access to better employment and educational opportunities in the United States. The advantages of an EB5 Green Card for dependent children under the age of 21 of Chadian investors are listed below.
    • Study in some of the best institutions in the world without facing restrictions imposed on foreign students.
    • Pay 150% to 300% lower tuition fees as compared to foreign students.
    • Enjoy more funding and scholarship options as compared to foreign students.
    • Study as a day scholar and avoid long separation from family just to obtain a quality education.
    • Explore job opportunities without worrying about issues like work permits, sponsorship, processing delays, expiry of visa, or restrictions on job mobility. 
  • Chadian investors enjoy greater international mobility through the visa-free travel privileges available to US Green Card holders.

What are the Risks of EB-5 Visa for Chadian Investors?

Chadian investors should take note of the risks associated with applying for an EB-5 Visa.

  • Investment risk. Investors from Chad are required to make an investment that is “at-risk”. An “at-risk” investment exposes the Chadian investor’s capital to both gains and losses. Obtaining a Green Card is the main advantage of the EB5 Visa for Chadian investors and their dependents.
  • Risk on immigration. Investment alone does not ensure a USA Green Card. The Chadian investor must show that their investment contributed positively to the U.S. economy by generating jobs for U.S. workers within their Conditional Residency.
  • Risk for fraud. Chadian investors should do thorough due diligence on potential EB-5 Projects before investing. EB-5 Chad investors should work with experts and professionals to properly assess an EB-5 Project, its developer, affiliated regional center, and the associated third-party entities in order to avoid fraud.

How Long Does it Take to Process an EB 5 Visa for Chad  Investors?

The processing for the initial EB-5 petition of Chadian investors is between 29.5 and 61 months on average. Submitting Form I-526 (Immigration Petition by Standalone Investor) to the U.S. Citizenship and Immigration Services (USCIS) is the first step in the EB-5 application process.

How Long is an EB5 Visa Valid for Chad Investors?

Chad investors and their dependents with an approved EB5 Visa get an initial 2-year Conditional Permanent Residency in the US. The Chad investor and their dependents are eligible to file a petition to remove the conditions on their permanent residency upon successfully meeting the requirements of the EB 5 Visa Program. Unconditional Lawful Permanent Residence (LPR) is valid for 10 years and renewable indefinitely.

What are the Requirements for an EB-5 Visa for Chadian Investors?

The following criteria must be met by Chadian investors in order to obtain an EB-5 Visa.

  • Investment amount. The U.S. Citizenship and Immigration Services (USCIS) requires an “at risk” EB-5 investment to be any of the following. 
    • A minimum investment of $800,000 USD (XAF 494 M Central African CFA franc) in a Targeted Employment Area (TEA) project. A Targeted Employment Area (TEA) is a region with high unemployment rates or a rural area. 
    • An investment of $1.05 million USD (XAF 649 M Central African CFA franc) for a non-TEA project. 
  • Source of funds. Chadian investors can use any of the following as capital as long they are derived from lawful sources and obtained through lawful means.
    • Salaries/wages
    • Inheritance
    • Loans from a financial institution or from an individual
    • Business profits
    • Gifts from an individual
  • Job creation. The creation of at least 10 full-time jobs for US nationals is a requirement for an EB5 Visa for Chadian investors.

The financial criteria for the EB-5 Visa for Chadian investors are the following.

  • Net worth of $1,050,000 (XAF 649 M Central African CFA franc) for an individual or married couple; or
  • Minimum of $200,000 (XAF 123 M Central African CFA franc) in individual income in each of the 2 previous years; or
  • Minimum of $300,000 (XAF 185 M Central African CFA franc) in joint income in each of the 2 previous years; and
  • Comparable level of future income and assets.

What is the Age Requirement for Chad Investors to Get EB-5 Visa?

There’s no age limit for the EB-5 Visa. Any Chad investor qualifies to be an EB-5 investor. However, since a minor probably does not have the assets or income to be eligible as an EB-5 investor on his/her own, the parents or some other guardian giving him/her the investment amount requires showing the necessary documents to prove the source of funds. Occasionally, a Chadian investor pursuing an EB-5 Visa will be unable to get specific documentation. In such instances, the applicant should file a declaration giving an explanation as to why they are unable to supply the needed documentation.

The only time age matters is if the parent is applying and children are also part of the application as derivatives. The children must be under the age of 21 to be included in a parent’s application.

How Much Does an EB-5 Visa Cost for Chad Investors?

These are the costs involved in an EB 5 Visa application for Chad investors.

  • EB-5 investment
    • $800,000 USD (XAF 494 M Central African CFA franc) for a TEA investment
    • $1,050,000 USD (XAF 649 M Central African CFA franc) for a non-TEA investment
  • Form I-526- $3,675 USD (XAF 494 M Central African CFA franc)
  • Application to Register Permanent Residence or Adjust Status (Form I-485)- $1,140 USD (XAF 494 M Central African CFA franc)
  • Petition by Investor to Remove Conditions on Permanent Resident Status (Form I-829)- $3,750 USD (XAF 494 M Central African CFA franc)

The U.S. Citizenship and Immigration Services (USCIS) issues 10,000 EB-5 Visas a year.

The Bank of Central African States is the regulatory body that has framework and monetary policy for moving assets and money outside of Chad.

How can I Transfer EB-5 Funds from Chad?

Chad investors must show that they have invested or are in the process of investing the required minimum capital in an EB-5 Project. Transferring the capital to the EB-5 Project’s escrow account demonstrates active EB-5 investment. An EB-5 Project escrow account keeps large sums of money under an interest-bearing bank account until the EB 5 Project is finished. The EB-5 escrow agreement must show that the investment made by the Chadian investor will only be used for the EB-5 Project. Both the Chad investor and the EB-5 Project should have no relationship with the bank holding the escrow account. Investors in Chad should also speak with international-focused banks and work with a registered currency exchange provider. Investors from the Chad who own companies abroad can use their profits as EB-5 money.

What is the Priority Date for EB5 Visa for Chadian Investors?

The EB-5 priority date is the day on which USCIS receives the I-526 from the Chadian investor. The EB5 priority date shows where the Chadian investor is in the queue for an immigrant visa under the EB5 category. The final action dates for the EB5 Visa category are published monthly in the Visa Bulletin on the website of the U.S. Department of State (DOS). The priority date is regarded as “current” if the Chadian investor’s I-526 priority date coincides with their final action date on the Visa Bulletin. There is no retrogression (backlog) for Chadian applicants based on the EB5 Visa Bulletin for Chadian Investors.

How Long Does it Take to Acquire an I-526 Approval for the Chadian Investor under EB 5?

I-526 petitions submitted by Chadian investors are approved between 29.5 and 61 months. Each I-526 petition is examined and processed by the USCIS. The specific processing period for an EB-5 petition will depend on the nature of the case and the USCIS service center handling the application.

How can a Chadian Citizen Immigrate to the United States Using the EB-5 Program?

Chad investors for the EB-5 Visa have 6 steps to complete to obtain a US Green Card.

  1. Petitioning for an EB-5 Visa. Filing of the I-526 petition with the USCIS.
  2. Applying for an EB5 Visa. USCIS must approve the I-526 form prior to applying for the EB5 Visa.
    1. Applying from overseas. Filing the Online Immigrant Visa and Alien Registration Application (Form DS-260) with the U.S. Department of State (DOS).
    2. Applying within the US. Filing for an adjustment of status using Form I-485 with USCIS. Chad investors present in the USA holding valid nonimmigrant visas such as H-1B, F-1, and L-1 are eligible for concurrent filing of their I-526 and I-485 petitions.
  3. Issuing of EB-5 Visa
  4. Obtaining conditional permanent residence. A Conditional EB5 Green Card grants Chadian investors and their dependents the same rights as Lawful Permanent Residents (LPRs) for 2 years.
  5. Removing conditions on permanent residence. The I-829 petition is submitted to USCIS within the 90-day period prior to the second anniversary as a Chadian EB5 investor in the US.
  6. Gaining lawful permanent residence. An Unconditional Green Card is valid for 10 years and renewable unlimitedly. 

What is the EB-5 Visa Statistics for Chad Investors?

There were 4 EB-5 Visas issued to Chad investors in FY 2019 and 3 in FY 2021 according to the Report of the Visa Office from the U.S. Department of State (DOS). 

What are the Challenges for Chad Investors for EB-5?

The immigration and financial requirements of the EB 5 program pose certain challenges for Chadian investors. Chad investors must first prove that they have the money to invest in a new U.S. enterprise and finance the expenses associated with processing an EB 5 Visa. Only funds that have been legally transferred and obtained from lawful sources are acceptable as EB-5 Project funding. Investors in Chad should be aware of the associated EB 5 financial risks as with any investment venture. The EB5 Project cannot assure the Chadian investor of high profits or full repayment. The main benefit of the EB-5 Visa for investors from Chad and their families is Permanent Residency in the US. Due diligence is also necessary when picking the suitable EB-5 Project to invest in so that the Chadian investor selects a project with the lowest immigration and investment risks. Chadian investors should hire an EB-5 Visa Attorney, an economist, a financial securities expert, and other EB-5 specialists who are experienced in working with applicants from the African region. 

What is the Best Project to Invest in with an EB-5 Visa for Chad  Investors?

EB5 Projects are US enterprises established through capital from immigrant investors. EB5 Projects contribute to the expansion and growth of the U.S. economy by creating jobs. Real estate, restaurants, biotechnology, and hotel construction are the top EB-5 Projects for Chadian investors. These projects generate plenty of jobs that enable Chadian EB5 investors to complete the requirements for EB5 Permanent Residency.

What Does the Future Hold for EB-5 Investors from Chad?

Based on the country’s “current” EB-5 Visa Bulletin status, the EB-5 Program presents a favorable future for investors from Chad. The EB-5 Reform and Integrity Act (RIA) of 2022 makes it possible for Chadian TEA investors to benefit from priority processing and reserved visas. Chadians who are already in the US are able to submit their applications more quickly through concurrent filing.

What are the Other US Visa Available for Chad Nationals?

Foreign nationals who want to enter the US must have a U.S. Visa stamped on their passports. Chadian nationals are required to obtain a US Visa at a U.S. Embassy or Consulate that is appropriate for the purpose of their visit. Immigrant Visas are issued to Chadian nationals who meet the requirements to enter and remain in the United States as Permanent Residents. Chadian nationals are able to enter and stay in the US on a temporary basis using Nonimmigrant Visas.

The following are the US Visas available to Chadian nationals.

 Immigrant Visas

  • Family-Based Immigration. For foreign citizens sponsored by an immediate relative who is a U.S. citizen or a U.S. Green Card holder and is at least 21 years old.
  • Fiancé(e) K-1 nonimmigrant visa. For a foreign fiancé(e) of a US citizen. The foreign fiancé(e) is allowed to stay in the U.S. to apply for permanent residency after marriage.
  • K-3 Visa. For the foreign spouse of a U.S. citizen traveling to reside in the U.S. while awaiting final completion of their immigration. The spouse’s children can enter the U.S. with a K-4 Visa.
  • Intercountry Adoption. For adopting children outside of the US.
  • Employment-Based Immigration. For qualified applicants under the provisions of US immigration law. The EB-5 Visa falls under the Employment Fifth Preference (E5). 

Nonimmigrant Visas

  • B-1/B-2 Visitor Visa. For people traveling to the US for business or pleasure, or for medical treatment. 
  • Temporary Worker/Employment or Trainees (H, L, O, P, Q, R). For temporary, nonimmigrant workers petitioned by US employers or agents.
  • Student Visa. For foreign citizens who wish to study in the US.
  • Exchange Visitor Visa. For foreign citizens participating in exchange programs.
  • Journalist and Media Visa. For representatives of the foreign media traveling to the US to engage in their profession while having their home office in a foreign country.
  • A Visas. For Chadian government officials entering the U.S. for temporary or permanent assignment.
  • Transit/Ship Crew Visa. For foreign citizens traveling in immediate and continuous transit through the US en route to a foreign destination.

What is the Current Retrogression Situation for Chadian Investors?

There is no retrogression (backlog) for Chad investors applying for an EB-5 Visa. There has never been any retrogression for Chad and it is not anticipated to have any in the future.

What are the Issues Experienced by the Chad Citizen with the EB-5 Visa?

The creation of the required number of jobs and supplying the minimum investment amount for the EB 5 Project are two of the major issues for Chadian investors applying for an EB5 Visa. The Chadian investor’s business plan must prove that the EB5 Project will generate at least 10 new full-time jobs in the US. The jobs must be created and maintained for at least 2 years, or until the Chad investor submits their I-829. There should be sufficient evidence that the EB-5 investment was obtained legally and would only be used for the EB-5 Project. Investors from Chad are required to provide documentation for their EB5 investment, including payslips, tax returns, bank account records, and confirmation of business ownership and registration.

What is a Targeted Employment Area?

A targeted employment area (TEA) is a region of the United States with a minimum EB 5 investment requirement of $800,000 (XAF 494 M Central African CFA franc). A TEA Project is located in a special economic zone, such as a rural or high-unemployment area. Aside from having lower capital requirements, participating in a TEA Project has various advantages for Chadian investors. According to the 2022 EB-5 Reform and Integrity Act (RIA), TEA investors enjoy priority processing for their petitions and issuance of reserved visas. The allotment of reserved visas and priority processing helps Chadian investors apply for EB5 Green Cards more quickly.

What Other Countries can Invest in the EB-5 Visa Program?

The EB5 Immigrant Investor Visa helped almost 100,000 foreign investors become permanent residents of the United States between 2012 and 2022, according to “The United States EB-5 Program” by Investment Migration Insider. Over 80% of these EB5 investors come from China, Taiwan, South Korea, the United Kingdom, and Taiwan.

Is USA a Good Foreign Market to Invest in for Chad Citizens?

Yes, by investing in the United States, Chadian investors have access to one of the largest consumer markets in the world, a solid legal system, favorable tax regulations, and a robust infrastructure. The EB-5 Visa is a reliable path to USA Permanent Residency for Chadian investors and their dependents.

Can EB-5 Visa Attorney Speed Up the Process of EB-5 Visa?

No, an EB-5 Visa Attorney cannot expedite EB-5 Visa applications. Applications for EB 5 are evaluated and processed by the USCIS and the DOS. EB5 Visa Attorney services include reducing application delays brought on by mistakes, organizing paperwork for Chadian investors’ success, and assuring compliance with U.S. immigration laws.

Is Obtaining an EB-5 Easy for Chadian Investors?

Chad investors are able to apply for their EB-5 Visas with less difficulty due to the “current” Visa Bulletin status and the absence of application backlogs for Chad. Chadian investors are not subject to increased wait times, unlike investors from nations with visa retrogression like China and India.

Can a Chadian National Apply for EB 5 while on H1B?

Yes, citizens of Chad with valid H-1B Visas are eligible to apply for an EB5 Visa. Foreign workers employed in specialty occupations in the USA hold H-1B Visas. The RIA permits Chadian H1B workers in the US to simultaneously submit their I-526 and I-485 forms for faster processing without having to leave the country.

Can a Chad Investor Borrow Money for EB-5 Visa?

Yes, Chadian investors can use loans as EB-5 Visa investments. The EB5 Loan shall be secured by the personal property and collateral of the Chadian Investor and not by the EB 5 Project.

Can an International Student from Chad with an F-1 Visa Apply for EB5 Visa?

Yes, a Chadian student with an F-1 Visa is eligible to apply for an EB-5 Visa. The F-1 Visa is a nonimmigrant visa that allows international students to enroll in academic programs in the US. The I-526 and I-485 petitions can be submitted concurrently by a Chadian student who has a valid F1 status in order to expedite the EB 5 Visa application procedure while in the USA.

Can a Chadian Citizen Invest in the United States?

Yes, a citizen from Chad is able to invest in the United States through the EB5 Visa and indirectly through the E-2 Visa. The E-2 Visa is a nonimmigrant visa available to citizens of treaty nations who are investing a substantial amount of money in a US company. Treaty nations maintain commerce and navigation agreements with the US. Chad is a non-treaty country and Chadians must first acquire citizenship from a treaty country to qualify for the E-2 Visa.

Unlike the EB-5 Visa, the E2 Treaty Investment Visa is not a program for U.S. Permanent Residence. An E2 Visa investment must be at least $150,000 (XAF 92 M Central African CFA franc) without the necessity for a minimum number of jobs to be created.

Does a Chadian Citizen Need a Visa for USA?

Citizens of Chad who intend to visit the US must first get a US Visa. Temporary travelers from Chad must apply for a nonimmigrant visa while Chadian nationals who wish to immigrate to the US must get an immigrant visa.