; (2) by striking entrepreneur each place such term appears and inserting investor ; (3) in subsection (a), by amending paragraph (1) to read as follows: (1) Conditional basis for status (A) In general Except as provided in subparagraph (B), an alien investor, alien spouse, and alien child shall be considered, at the time of obtaining status of an alien lawfully admitted for permanent residence, to have obtained such status on a conditional basis subject to the provisions of this section. (B) Exception An alien investor (and his or her alien spouse or alien child) whose petition under subsection (f) is approved before the alien investor is lawfully admitted for permanent residence shall be granted the status of an alien lawfully admitted for permanent residence without conditions. ; (4) in subsection (b)— (A) in the heading, by striking Entrepreneurship and inserting Investment ; and (B) by amending paragraph (1)(B) to read as follows: (B) the alien did not invest the requisite capital; or ; (5) in subsection (c)— (A) in the heading, by striking of Timely Petition and Interview ; (B) in paragraph (1)— (i) in the matter preceding subparagraph (A), by striking In order and inserting Except as provided in paragraph (3)(D), in order ; (ii) in subparagraph (A)— (I) by striking must and inserting shall ; and (II) by striking , and and inserting a semicolon; (iii) in subparagraph (B)— (I) by striking must and inserting shall ; (II) by striking Service and inserting Department of Homeland Security ; and (III) by striking the period at the end and inserting ; and ; and (iv) by adding at the end the following: (C) the Secretary shall have performed a site visit to the new commercial enterprise and job-creating entity in which the alien investor invested capital under subparagraph (A) of section 203(b)(5) pursuant to subparagraph (I)(iii) of such section. ; and (C) in paragraph (3)— (i) in subparagraph (A), in the undesignated matter following clause (ii), by striking the before such filing