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In the United States there is no direct “citizenship by investment” statute at any government level, including New York Mills. Citizenship may be obtained only through naturalization after lawful permanent residency (green card status).
The principal federal pathway that resembles investment-based immigration is the EB-5 Immigrant Investor Program. Under EB-5, an investor may obtain conditional permanent residence by investing in a qualifying project and creating or preserving jobs. If successful, the investor may later apply to remove conditions and pursue naturalization after several years of permanent residence.
For residents of New York Mills, which lies in Oneida County, the EB-5 process is governed by federal law and federal regulations, not by local New York Mills ordinances. Practical guidance typically involves work with an immigration attorney who understands federal criteria, USCIS processing timelines, and regional center versus direct investment options. Recent regulatory changes have adjusted investment thresholds and TEA rules, affecting how much an investor must commit depending on location and project type.
“The EB-5 program provides a path to lawful permanent residency for foreign investors who invest in a qualifying business and create jobs.”Source: U.S. Citizenship and Immigration Services (USCIS) - EB-5 program overview. https://www.uscis.gov/eb-5
Key terms you may encounter in this context include: immigrant investor, certified TEA (Targeted Employment Area), direct investment versus regional center investment, and conditional permanent residence. The minimum investment amounts and TEA criteria have evolved through regulatory changes in the past few years.
These scenarios illustrate concrete situations where legal counsel can help, especially for New York Mills residents seeking EB-5 access or naturalization after investment.
Citizenship by investment is governed primarily by federal law; New York Mills has no independent local statute granting citizenship rights through investment. The rules you will encounter are federal statutes and regulations, plus guidance from federal agencies.
Key federal statutes and regulations include:
Recent regulatory context: The EB-5 Modernization Rule (USCIS and Federal Register actions) updated investment thresholds and TEA rules, affecting minimum investment amounts and geographic qualification. For authoritative details, see USCIS and Federal Register resources linked below.
New York Mills residents should rely on federal sources for the substantive law, and on a local immigration attorney for jurisdiction-specific guidance in Oneida County and nearby courts and agencies. The following official sources provide the current framework for EB-5 and related procedures:
“The EB-5 program reflects federal policy changes that adjust investment thresholds and TEA qualifications over time.”
USCIS - EB-5 Immigrant Investor Program details processing steps, eligibility, and evidence requirements. Federal Register - EB-5 Modernization explains regulatory changes that impact investment amounts and TEA rules.
There is no direct citizenship by investment program in the United States. Citizenship is obtained by naturalization after lawful permanent residency, which can be pursued through employment, family sponsorship, or the EB-5 immigrant investor pathway.
EB-5 requires an investor to invest in a qualifying project and create or preserve at least 10 full-time jobs. After initial approval, you receive conditional permanent residence for two years while the project progresses.
You may apply for naturalization after meeting continuous residence and physical presence requirements, typically after you have obtained permanent residency and removed any conditions on your status.
A Targeted Employment Area is defined by unemployment rates and geographic boundaries. TEAs may include rural areas or areas with high unemployment, which can reduce the investment threshold.
A lawyer helps with evidence collection, job creation calculations, and compliance with I-526 requirements. They also assist with timing for consular processing or adjustment of status.
You should engage an immigration attorney licensed to practice in New York who understands federal immigration law and can coordinate with local business counsel as needed.
Under the EB-5 modernization framework, the TEA minimum is typically lower than the non-TEA threshold, but exact figures are determined by current rules and project location. Check USCIS for the latest numbers.
Yes, most EB-5 petitions are filed from outside the United States. Consular processing is common, with interviews conducted at U.S. embassies or consulates abroad.
Regional centers may simplify job creation metrics and allow pooled investments, while direct investments offer more control. A lawyer can tailor the choice to your risk tolerance and business plan.
Yes. USCIS requires thorough documentation showing the lawful source of funds, including tax returns, bank statements, and transfer records, with explanations where needed.
Processing times vary by case and USCIS workload. I-526 petitions often take 1-3 years, with conditional residency for two years followed by removal of conditions and potential naturalization thereafter.
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