subject: Eb5 Visa Professional Profile Requirements [print this page] In 2011-12 United States of America granted permission to 75% of 6000 requests for entry into country on basis employment based entry permission schedule 5. The Scheme is intended to attract investing individuals and business owners. You can also file for this program provided you satisfy EB5 Visa Professional Profile Requirements.
This program has been authorized by US senate vide IMMACT 1990 and currently is being used extensively to create a favorable environment that can guarantee an economic rehabilitation and upheaval of country, that is reeling under an adverse debt ratio. The specifications outlined have been planned and defined by keeping various aspects on priority. There are some stern guidelines for assessment of eligibility of applicants for this scheme.
The statutes of the scheme define 3 streams under which investing individuals or business owners can gain entry on basis input of their funds. The specifications vary for each of these alternative programs and paths.
Alternative No. 1 Establishing a new business entity
There are 2 options in this criterion. First option is meant for a migrant with considerable wealth and intent to make a substantial investment into a new commercially viable business unit in tune of $1 million into the country. In this stream investors and business owners have the flexibility to choose the territory they would like to establish their business unit.
2nd option calls for an investment of an amount in tune of $500000. These funds must be infused into establishment of a new business unit in a designated territory or project. The areas can be demarked under the prioritized employment regions TEA and or can be listed in under the regional focus unit - RC.
In both the investment specification you would need to establish the tangible prospects of generating employment openings for at least 10 US nationals or permanent residence visa holders or those migrants who hold valid and legal permissions to gain employment in the Unite States. The 10 employment positions generated must be sustained continuously through the 2 years period (the period that is deemed essential for assessment for purpose for removal or conditions from the green card) i.e. the minimum 10 regular positions must be continuously occupied throughout the 2 years period. In this arrangement however you, your spouse and your children cannot be included in those 10 positions.
Here EB5 Visa Profile Requirements indicate that case you would also need to participate in the management of business on daily basis.
Alternative No. 2. Procuring ownership of an existing concern by way of acquisition of stocks in a sick unit.
You have the flexibility of procuring controlling interest and holding in an ongoing commercially viable business unit. Investment stipulations are $1000000 independently and $500000 in a TEA or through an RC.
The business unit that you procure must have been in operations for atleast 2 years and must also have accrued losses for a minimum of 1 to 2 years period immediately preceding your proposal of take over and filing of form I-526 request. It is mandatory for you to sustain the existing employment strength for the period of extent of validity of conditional green card.
Alternative Number 3. Investing into a Regional Unit RC
oYou must invest an amount in tune of $500000 into a designated RC. Here the primary function as per EB-5 Visa Profile Requirements your role if of a passive participant. But that does not however exempt your green card from stipulation of generating employment for a minimum of 10 US nationals of PRs.
