What are the Benefits of EB 5 Visa Program for Foreign Investors?

 

Benefits of EB 5 Visa Program

The United States EB-5 visa is created in the year 1990 by the Immigration Act of 1990. It is known as an employment-based fifth preference category or immigrant investor program. It provides a way for eligible immigrant investors to become permanent residents lawfully – known as green card holders by investing at least $900,000 in order to finance a business in the US that will employ at least ten American workers. There are a number of immigrant investors that use the EB 5 visa program and invest in a targeted employment area that is a rural area with high unemployment which lowers the investment threshold to $900,000.

The EB 5 visa program encourages both foreign investments and economic growth. This is one of five employment-based preference programs in the US. Applicants have the option to invest personally, or they can select to work a larger investor pool through regional centers, which can be approved 3rd party intermediaries that link foreign investors along with developers who are looking for funding and take a commission. Regional centers can be private, for-profit businesses that are approved by the USCIS (the United States Citizenship and Immigration Services), which is part of the Department of Homeland Security.

In May 2011, there were around 883 USCIS-approved regional centers, and in the year 2014, the vast majority of EB-5 visas were granted visa regional centers. In 2015, the EB-5 program has become a most important source of capital for developers as well as the regional centers. If an EB-5 program investment is made in a regional center, the jobs are created indirectly by economic activity, as opposed to a direct investment in which the investment vehicle must directly employ ten or more United States workers.

In the year 2020, 78,278 investors have applied for this program. Most of the investors come from four countries, including China, South Korea, Taiwan, and the United Kingdom. Other applicants come from India, Brazil, Vietnam, Mexico, and Nigeria. There are countless benefits to choosing EB 5 visa programs. If you are planning to invest in the US economy and interested in understanding the benefits of EB 5 visa, simply scroll down and take a look:

1.         One of the easiest, convenient, and quickest methods to get permanent residency in the United States for foreign investors and their families is EB 5 visa program.

2.         This visa program gives freedom to work, study, and retire anywhere in the US, without any restrictions such as different states, including Florida and Texas, with no state income tax.

3.         The next advantage is education benefits for children, including access to public elementary, middle, and high schools, and low-cost in-state tuition at public colleges and universities as well.

4.         No need for visa sponsorship.

5.         No H-1 work visa is needed for employment.

6.         Investment on the EB5 equity project must be at risk. However, it can be secured by collateral in real estate projects to reduce downside risk.

7.         When it comes to any political event in the investor’s home country, they can get entry to the US without any delay.

8.         Potential for United States citizenship after a minimum of 5 years of established permanent residency in the United States.

Today, there are a number of companies that assist foreign investors in getting their EB 5 visa without any hassle. If you approach a reliable service provider, you can make your process easier and smooth. Simply use the internet to find a reliable company and hire their services to enjoy unlimited benefits.

Post a Comment

0 Comments