EB-2 vs EB-5: which US visa is right for you?

Two self-petition green card routes: the EB-2 National Interest Waiver based on your work's importance, and the EB-5 based on an investment that creates US jobs.

Lowest cost
EB-2 - ~US$715 I-140 fee plus US$1,440 I-485; PERM cases add employer labor-certification costs
Fastest (indicative)
EB-2 - ~1-3 years including PERM (longer where priority dates are backlogged)
Permanent residence
EB-2, EB-5

Side-by-side comparison

FeatureEB-2 Advanced Degree / NIW Green Card
(EB-2)
EB-5 Immigrant Investor Green Card
(EB-5)
TypePermanent / PRPermanent / PR
Who it's forFor professionals with advanced degrees or exceptional ability, including those seeking a National Interest Waiver.For investors who invest a substantial amount in a US enterprise that creates at least 10 US jobs.
Government cost~US$715 I-140 fee plus US$1,440 I-485; PERM cases add employer labor-certification costs~US$11,160 I-526 petition fee plus US$1,440 I-485; minimum investment US$1,050,000 (US$800,000 in targeted areas)
Processing time~1-3 years including PERM (longer where priority dates are backlogged)~2-4 years (varies by petition volume and priority dates)
Length of stayPermanent (green card)Permanent (conditional green card first, then permanent)
Where to applyConsular processing abroad or adjustment of status in the USConsular processing abroad or adjustment of status in the US
Work rightsFull work authorization as a permanent residentFull work authorization as a permanent resident
Pathway to PRIs itself a green card; leads to citizenship after 5 years as a permanent resident.Grants a 2-year conditional green card; file I-829 to remove conditions, then citizenship after 5 years.

Which is right for you?

EB-2 Advanced Degree / NIW Green Card (EB-2)

For professionals with advanced degrees or exceptional ability, including those seeking a National Interest Waiver.

Full EB-2 guide →

EB-5 Immigrant Investor Green Card (EB-5)

For investors who invest a substantial amount in a US enterprise that creates at least 10 US jobs.

Full EB-5 guide →

Frequently asked questions

Which is cheaper, EB-2 or EB-5?

On indicative 2025-26 government costs, EB-2 Advanced Degree / NIW Green Card (EB-2) is the lowest at ~US$715 I-140 fee plus US$1,440 I-485; PERM cases add employer labor-certification costs. Government fees change periodically - confirm before applying.

Which is processed faster, EB-2 or EB-5?

Indicatively EB-2 Advanced Degree / NIW Green Card (EB-2) is the quickest at ~1-3 years including PERM (longer where priority dates are backlogged). Actual timeframes depend on caseload and how complete your application is.

Do all of these lead to permanent residence?

Yes. EB-2: Is itself a green card; leads to citizenship after 5 years as a permanent resident. EB-5: Grants a 2-year conditional green card; file I-829 to remove conditions, then citizenship after 5 years.

What's the main difference between EB-2 and EB-5?

EB-2 Advanced Degree / NIW Green Card (EB-2) is for for professionals with advanced degrees or exceptional ability, including those seeking a National Interest Waiver. EB-5 Immigrant Investor Green Card (EB-5) is for for investors who invest a substantial amount in a US enterprise that creates at least 10 US jobs.

Figures are indicative for 2025-26 and government fees and rules change. Confirm current costs and processing times at travel.state.gov before applying. General information only - not immigration advice.