Business Immigration
Many people immigrate to new countries in search of opportunities. One of the considerations immigration looks after for immigrants is either substantially contributing to the nation’s overall talent bank or otherwise investing.
The EB-5 is one of the most popular methods for immigrating outside the lottery. With this program, investors can secure a path to American citizenship by investing in the United States.
Investors must invest $900,000 or more in a new enterprise or spend at least $1 million to purchase an existing company. With the EB-5 visa, immigrants don’t have to rely on pure luck. But keep in mind that annually, only 10,000 EB-5 visas are offered.
The United States offers the E5-B in part to provide employment opportunities and otherwise strengthen the economy. A thought-out and well-written application will highlight the benefits the investor offers and how they plan to contribute to their new home.
The EB-5 visa is an employment-based visa category for immigrant investors who wish to invest in a new commercial enterprise in the United States. The purpose of the EB-5 visa program is to promote economic growth and job creation in the United States by attracting foreign investment, while simultaneously allowing the investor residency for themselves, their spouse and all children under the age of twenty-one.
To qualify for the EB-5 visa, an investor must meet the following requirements:
- Invest at least $900,000 in a new commercial enterprise in a targeted employment area (TEA) or $1.8 million in a non-TEA area.
- Create at least 10 full-time jobs for U.S. workers within two years of the investor’s admission to the United States.
- The investor can have a purely passive role in the enterprise and can hire a professional management team to run the business. However, the investor must still have a policy-making role in the enterprise, such as serving on the board of directors or participating in other strategic decision-making activities.
The EB-5 visa program is administered by the United States Citizenship and Immigration Services (USCIS). Once an investor’s application is approved, they and their immediate family members (spouse and unmarried children under the age of 21) can obtain conditional permanent residency in the United States for a period of two years.
After two years, the investor must file a petition to remove the conditional status of their permanent residency and demonstrate that the investment has been sustained and that the job creation requirements have been met. If the USCIS approves the petition, the investor and their family members can obtain permanent residency in the United States.
Working with ICEE law, LLC, can greatly increase your odds of success by presenting the most compelling case. Filing for an E5-B visa is a considerable investment, without proper care and oversight, the financial investment can be lost if the application is rejected. If you want to increase your chances of success for an EB-5 visa and mitigate the risks, contact ICEE Law, LLC for a consultation today.
It’s important to note that the EB-5 visa program has certain risks and limitations, and investors should consult with an experienced immigration attorneys at ICEE Law, LLC along with a financial advisor before making any investment decisions.
