UAE residents not a priority for US EB-5 green card

  • Date: 25-Apr-2023
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

UAE residents not a priority for US EB-5 green card

US green cards through the EB-5 program are processed based on the country of birth and not nationality or residency

Published: Tue 25 Apr 2023, 12:44 PM

Recently, some GCC based EB-5 consultancy firms have published information which is inconsistent with the actual rules and regulations of the EB-5 Immigrant Investor Program and therefore, it has raised a concern among US lawyers and EB-5 industry experts in the GCC and abroad suggesting that such information could potentially harm the public at large. Preeya Malik, Managing Director at Step Global, clarifies in the interview below the current status of the EB-5 program for all those who are interested in receiving accurate information about this popular US Green Card Program.

Do UAE Residents or GCC Residents get priority under the US EB-5 Program?

No. The notion that UAE or GCC residents have a benefit or priority over other applicants in the EB-5 Programme due to their residency status, is simply incorrect. The statement 'UAE residents are priority for the Green Card' has been published multiple times recently in the UAE, and this statement has alerted EB-5 industry experts in the US with concerns as to how this misleading statement may negatively impact those considering the EB-5