What is EB 5
Live the American Dream and move to the U.S. a cultural melting pot with a thriving economy, a wealth of opportunities, and one of the highest standards of living anywhere on the globe.
Known the world over as the land of opportunity, the United States of America boasts of a rich and diverse culture, one of the strongest currencies in the world, and one of the most sought-after passports on the planet.
The introduction of the EB-5 program has made acquiring a green card easier than most other methods. Designed to be a catalyst to increase the economy of U.S.A., this visa programs works to ensure capital investment as well as job creation by foreign nationals. Qualified investors as well as specific family members can apply for permanent residency in the USA by investing in commercial enterprises in order to create 10 full-time permanent jobs for workers in the U.S.
What is the program all about?
Run by the government, the EB-5 Investor Program is one that is administered by U.S. Department of Homeland Security’s USCIS (United States Citizenship and Immigration Services) agency. The process allows a foreign national with a high net worth to get a green card for herself or himself, their spouse, as well as any unmarried children below the age of 21. This green card can be acquired by making an investment in a commercial enterprise in the U.S. that can create 10 permanent jobs for workers in America.
Through the USA EB-5 Immigrant Investor Program, investors can enjoy a host of exclusive benefits:
- No language skills required.
- No minimum education required.
- No business or managerial experience required.
- No obligation to live in the area of investment.
- Investment capital can come from a gift, inheritance, business ownership or any other lawful activity.
- The opportunity to live, work and study anywhere in the U.S. and benefit from lower tuition fees.
- Inclusion of dependent children under the age of 21
The Process OF EB-5 Investment
The EB-5 process involves a number of steps that first need to be taken into consideration. First fo these is determining the eligibility criteria for the visa and choosing a business project in America too invest in. Once the investment is made, you would need to submit a form – the Form I-526, that shows that the investment has been made. If this investment is approved, you can go ahead to the next step, which is applying to become a green card holder. This would be valid for a period of two years. By filing a form I-829, you can remove the conditions on green card when the 2 year-period is about to end to become a ‘Conditional Lawful Permanent Resident’ of the U.S. under immigration laws.
If you are unclear of the terms of the EB-5 investment, it is best to get a consultation at Index with an immigration attorney who can explain the basic process of the EB-5 visa acquisition and help you make the right decision.