EB-5

The EB-5 Visa is a special type of visa that allows foreign investors to obtain legal permanent residency in the United States. It was created by the U.S. government in 1990 to encourage foreign investment and stimulate economic growth in the country.

Qualifications for EB-5 Visa

To qualify for an EB-5 Visa, an investor must meet the following requirements:

• They must invest a minimum of $1.8 million in a new commercial enterprise, or a minimum of $900,000 in a Targeted Employment Area (TEA), which is an area with high unemployment or a rural area.
• The investment must also create or preserve at least 10 full-time jobs for qualified U.S. workers within two years

The EB-5 Visa program is divided into two main categories: Direct Investment and Regional Center Investment.

Direct Investment: The investor must directly manage the business in which they invest. This option requires a more hands-on approach, as the investor is responsible for the day-to-day operations of the business.

Regional Center Investment: This category allows investors to invest in designated regional centers, which are organizations that facilitate the investment process and promote economic development in specific areas. This option is more popular among investors because it offers a more passive role, allowing them to focus on other business or personal matters while still meeting the EB-5 requirements.

Once the investor has made the investment and met the job creation requirements, they can apply for the EB-5 Visa. The application process involves submitting various forms and supporting documents, including evidence of the investment, business plans, and financial statements. If the application is approved, the investor and their immediate family members, including their spouse and unmarried children under the age of 21, will be granted conditional permanent residency for a period of two years. During this time, the investor must continue to meet the investment and job creation requirements. After the two-year period, the investor can apply to have the conditions removed and obtain permanent residency without any further investment obligations.

Benefits of an EB-5 Visa

• This visa provides a path to permanent residency in the U.S., allowing investors to live, work, and study in the country.
• It allows investors to travel freely in and out of the U.S. without the need for additional visas
• It provides access to the U.S. education system, healthcare, and other social benefits

However, the EB-5 visa program has its challenges and limitations. For one thing, the investment amount is significant, and the application process can be complex and time-consuming. There are also risks involved, as the success of the investment and the creation of jobs are not guaranteed. Due to this, it is crucial for investors to conduct thorough research and seek professional advice before pursuing an EB-5 visa. At US-ILC, we understand the complexities of applying for an EB-1 visa, and we are prepared to guide you through the full process.