Once an EB5 applicant signs an agreement to invest funds in a project and provides all necessary documentation, $500,000 is deposited in a secure bank escrow. The applicant’s immigration attorney submits paperwork on his/her behalf to the United States Citizenship and Immigration Services. Once the application is approved and escrowed funds are released to the projects, the applicant and his/her family will meet directly with U.S. Consulate to be issued a conditional Green Card, valid for two years. The applicant is free to emigrate at this time. Before the two year conditional Green Card expires, the applicant must submit an application to United States Citizenship and Immigration Services requesting a permanent Green Card. After five years, the applicant can implement his/her fund’s exit strategy. The helpful diagram included below shows the investment process in greater detail.