Investing in the program for a US country is a great idea. There are several types of investment programs the EB-5 visa grants to immigrate to the US. However, it is essential to understand how an EB-5 visa can be a wise investment for you. If you want to be an American Dream embodied through a quicker and more efficient path, this investment fulfils all the requirements to avail citizenship and opportunities.
If you choose an EB-5 visa investment for immigration, you will have to understand what an EB-5 visa investment is and what are their benefits. Hence, we’ll discuss it in this piece.
This investment will give you the freedom to stay and work in the US and provide lawful status. You should also know their benefits to make an informed decision.
In the past few years, the number of investors has increased rapidly. It is a step-by-step guide in which we will provide all the basic and advanced information about the EB-5 visa investment and immigration to the US.
What is EB-5 visa investment for US immigration?
This investment allows you to become a green card holder for two years by investing in US commercial enterprises. It is an excellent investment through which people can immigrate to the United States. The applicants can stay there with their spouse and children who are unmarried and below 21.
You can invest a minimum of $500,000 or $100,000 into a specific country business to obtain an EB-5 visa. This investment has been named EB-5 because participants receive fifth-preference visas based on employment. It will preserve ten permanent full-time jobs for qualified US workers with a legal permanent residency of two years. USCIS administers this investment.
To stimulate the US economy through capital investment by investors and job creation Congress created this investment program in 1990. The Regional Center Program was created by Congress in 1992 for immigrant investors.
Benefits of an EB-5 Visa Investment for US Immigration
The EB-5 visa investment is a perfect plan for you because it offers foreign investors lawful residency in the US and includes benefits such as Educational benefits, flexibility, no job requirement, and tax benefits. In this section, we will discuss the benefits of the EB-5 visa investment.
Educational Benefits
This investment will be an excellent opportunity for your children because they can attend public schools in the US, which are known for their high-quality education, by obtaining EB-5 visas. They also can participate in the best universities, such as Harvard, MIT, and Stanford, to enhance their career.
Flexibility
Investors can invest flexibly and avail of the benefits through investment. You are free to invest anywhere you want to. There are various commercial enterprises, such as Manufacturing businesses, universities, real estate projects, etc, to invest in. The regional center is a perfect organization to invest in because the US government approves it and manages EB-5 projects on behalf of investors.
No Job Requirements
Jobs are not required; you can invest in any commercial enterprise through this investment. If you invest in commercial enterprises, ten full-time jobs will be created or preserved for US workers. Unlike other visa programs, this investment does not require any job offer or a specific skill set, which means you can create your own business or invest in the existing one.
Tax Benefits
If you invest in an EB-5 visa, you can avail tax benefits. You may avail the advantages of lower tax rates, capital gains, and dividends. You can be eligible for certain tax deductions or exemptions as an investor.
Process of application for EB-5 Visa
After settling your investment, you can apply for an EB-5 visa, for which you will have to follow some processes and submit some required documents. By using the form I-526, you can apply for an EB-5 visa. The applicant needs to fill out this form for the EB-5 visa process. You must check the submission address on their website before submitting the form.
After this process, USCIS reviews the application and sends it to NVC. After the review of the form by NVC, they contact you to submit the required documents and pay the relevant fees. They will also inform you how and where to pay the amount.
After the completion of these processes, you will have to face an interview at the US embassy. The NVC will inform you where the discussion will be held and what documents you must bring. After the consultation, the US embassy will issue the immigrant investor visa to you, which will be a two-year green card.
Time consumption for the process
Approximately 13 months will be consumed from submitting the form to USCIS for an EB-5 visa. It is an approximate process time; the time period may be longer or shorter depending on your conditions and documents.
Specific Period of Staying with an EB-5 Visa
As mentioned above, the EB-5 visa is a two-year green card, meaning if you have received a green card through an EB-5 visa investment, you will get a conditional residency. The green card will be valid for only two years, and you can extend your residence by applying for unconditional or permanent residency.
By applying for permanent residency, you will get ten years of green card and can renew it continuously. While during those two years, you can live, study or work and only be out of the country for up to one year; otherwise, you will lose your residential status.
Conclusion
In conclusion, Immigrating to the US will be a good decision because it provides numerous benefits with safety and security for you and your family. With all these benefits and there’s awesome climate and views, it will also give you a chance for your children to fulfill their dream careers by studying in international schools and universities.
Residency in the US via the EB5 visa offers you the flexibility to expand your business in a foreign country and you can also click here for more info. We hope this piece will help you to make an informative decision.
