Conditional Green Card → I-829 → Permanent Green Card
TL;DR
After I-526E approval and visa issuance, you receive a 2-year conditional green card. File I-829 in the 90 days before it expires to remove conditions.
EB-5 is a two-stage immigration benefit. The first stage is the conditional green card, valid for 2 years from issuance. Before it expires, you must file Form I-829 to remove conditions and convert to a 10-year permanent green card.
- •Conditional GC issued at consular processing or I-485 approval
- •I-829 filing window: 90 days before the conditional GC expires (2-year mark)
- •I-829 must show your $800K investment remained "at risk" and that 10 jobs were created (or are still in the process of being created)
- •I-829 adjudication has historically taken 2-3 years; USCIS is working on streamlining
- •While I-829 is pending, your conditional GC is automatically extended via I-797C receipt notice
After I-829 approval, you receive a 10-year permanent green card and can apply for naturalization 5 years after your conditional GC was issued.
Beyond Paradise 1's 36-month target repayment timeline is designed to align with the I-829 filing window — investors can demonstrate sustained at-risk investment and completed job creation when filing.
Related
Job creation: 10 jobs per investor
Each $800K investment must create 10 full-time jobs in the US economy. Regional Center projects use economic models to count indirect and induced jobs.
The "at-risk" requirement
Your $800K must remain "at risk" — exposed to both gain and loss — through the conditional residence period. No guaranteed returns, no pre-arranged buybacks.
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