The EB-5 visa, also known as the Employment-Based, Fifth Preference visa, is a program that allows foreign investors to become permanent residents of the United States. The program was created by Congress in 1990 to stimulate the economy by attracting foreign investment and creating jobs. The EB-5 visa program is administered for the government by the US Citizenship and Immigration Services (USCIS).
In general, foreign investors able to invest at least $1 million in a commercial enterprise, create or preserve at least 10 full-time jobs for US workers within two years, and have a net worth of over $1 million qualify to apply for the EB-5 Green Card or Permanent Residency visa. However, investing in certain areas labelled as “targeted employment areas” (TEAs) may reduce the financial requirements. The USCIS identifies certain high-unemployment and rural areas, and special infrastructures called TEAs. The TEAs may qualify investors with a minimum investment of $500,000 in these areas. This is one of the reasons to seek expert advice when considerig EB-5 vias application.
After two years, if the investment has met the job creation or preservation requirements, the investor can apply to become a lawful permanent resident. Later on, they and their dependants can apply to become US citizens. Processing of EB-5 visas for investors outside of the US usually takes about 6 to 12 months.
See the BundleThe EB-5 visa is an immigrant visa. The primary purpose of such huge investment through the EB-5 program is to obtain a Green Card for your family in exchange for providing a lawful source of foreign investment for economic development projects the United States that create jobs.
The typical EB-5 project yields a financial return on investment far lower than that of many index funds but those do not give you immigration advantages, even though, bith are profitable ventures.
The EB-5 Reform and Integrity Act of 2022 has made the investment process easier, quicker, and safer than it used to be for EB-5 applicants. The EB-5 program is about the most direct path to lawful permanent residency in the United States.
You can use your Green Card to:
A Green Card is valid for readmission to the United States after a trip abroad if you do not leave for longer than 1 year.
See the BundleThere are significant costs associated with the EB-5 process. Before attempting the process, it is important to know that accountability will be required for the funds you plan on investing, such as:
You will need to provide documentation showing the source of all funds, and you will also need to show that all appropriate taxes have been paid.
In addition, you will need money to pay administrative fees, filing fees, and any professional fees such as legal fees. You must also have the ability to leave your money invested for approximately five years without the need to withdraw the funds. If you are a foreign national with a desire to legally immigrate to the United States and have sufficient funds, the EB-5 Program offers you a simple and quick way to route to US immigration.
See the BundleIt can be easier than you probably think. The first step is to ask us and fill out an EB-5 investor eligibility questionnaire. You know things are on the way you are invited to sign non-disclosure agreement to obtain our investment offering documents. You can then give it momentum by reading and understanding the offering documents and making an investment decision..
See the BundleBegin your EB-5 journey to US Permanent Residency for your family by getting expert advice.
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