What Makes the EB-5 Program so Appealing?
What Makes the EB-5 Program so Appealing?
Through passive investment into an approved EB-5 project, foreign investors are eligible for an EB-5 visa green card which grants them permanent U.S. residence. The program started in 1990 as a way to create jobs for U.S. workers, stimulate the economy and promote business within the United States. Now, with more than 100 different approved EB-5 business investments to choose from the EB-5 Immigrant Investor Pilot Program is more popular than ever.
The EB-5 visa is ideal for foreigners looking to obtain permanent U.S. residence for themselves, their spouse and their unmarried children under the age of 21. By investing at least $500,000 into a government approved EB-5 program, the investor and the investor's family can travel to and from the United States on conditional status until the project is complete; after completion of the project and inspection from the United States Citizenship and Immigration Services (USCIS) to see if all the requirements are met, the investor may then apply for permanent status.
The EB-5 visa allows foreigners to retire in the U.S. (or work if they so desire), to live wherever they want in the U.S., to travel wherever they want in the U.S., and the opportunity to attend universities or institutions in the U.S. at a much lower tuition rate due to their permanent resident status as opposed to being international students.
Choosing to invest into an approved Regional Center that is located in a Targeted Employment Area (TEA) or a Rural Area (RA) makes it even easier for a foreign applicant to emigrate quickly. By investing in a Regional Center, the main requirement is the creation of at least 10 full-time jobs either directly or indirectly. No active managerial roles make it easier on the investor should they choose to remain in their foreign country until project completion, however the investment does makes them a limited partner with saying power.
The appeal and popularity of the EB-5 Program come as no surprise. More information regarding the EB-5 Immigrant Investor Program is available on http://www.eb5exclusive.com where you can find the latest news and information on the EB-5.
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