The EB-5 Visa program is ideal for foreigners who wish to be part of the American Experience with the freedom and flexibility to live, work, or retire anywhere in the United States. By investing in American companies the investor and his/her family are granted a conditional visa that qualifies them for Green Card status at the end of two years, with the possibility for citizenship after holding a Green Card for five years. Professionals, families, entrepreneurs, foreign students, retirees and current non-immigrant visa holders are amongst people that choose the EB-5 Visa for the flexibility and options that it provides. The EB5 visa requires a minimum investment of at least 500,000 dollars to be invested in order to create a designated amount of jobs within the US to qualify for the program.
The EB-5 Visa for Immigrant Investors is a United States visa created by the Immigration Act of 1990. In 1992, the Immigrant Investor Pilot Program was created by section 610 of Public Law 102-395. This program was initiated in accordance with a Congressional mandate aimed at stimulating economic activity and job growth, while allowing eligible aliens the opportunity to become lawful permanent residents. The EB-5 Visa provides a method of obtaining a Green Card for foreign nationals who invest money in the United States, while providing a smooth transition to citizenship.
Benefits of the EB-5 Visa include:
- The legal right to live, work, and retire in the United States
- A direct route to a Green Card and eventual citizenship
- Permanent residency in the United States for you and your immediate family (spouse and children under the age of 21)
- Limited partnership with a Regional Center allows no required day-to-day business management
- No sponsor needed – The applicant can use his/her own personal funds rather than a required sponsorship from an employer or family member.
To learn more about how this program works and what steps are needed to get the process started, please explore this site which maintains the most current news and information on the complexities and benefits of EB-5.