Investment-Based Immigration in USA // When it comes to investment-based immigration, most foreign investors consider the U.S. a very desirable country for its high quality of life, and it is considered a top choice for many. Whether you are a student, working professional, young couple, close relatives or retired person, the actual vastness, variety and growth of the U.S. allows many to find what they are looking for.
Main factors why many choose the U.S.:
– Life Quality
According to the UN Human Development Catalog (HDI), the U. S. features the 4th highest position with regards to well being, and has consistently been in the top 20 in the world. Moreover, house ownership is very high in comparison to other countries. On a per-capita basis, people have a larger access to a variety of customer goods such as vehicles, TVs, and gadgets than any other country.
– Powerful Post-Secondary Knowledge System
With 15 of the top 20 post-secondary organizations on the globe in the U.S. (according to Times Higher Knowledge Globe School Rankings) it is proven that many select this country for academic reasons.
– One of the Top US passports for Accessibility
Ranked as the 4th best ticket on the globe with regards to visa-free travel availability (according to Henley & Associates Charge Limitations Catalog – International Ranking) the owner of a U.S. passport has availability to 166 countries without the need of applying for a Visa.
– Social Advantages
Home of over 307 million individuals from different cultural and social background, the U.S. uses its national variety as a strength to create different items and solutions. American community values personal image and motivates advancement, as well as a forward-thinking attitude easy-to-open to efficient time-effective solutions. Additionally, the country features strong trademark guidelines and I.P. regulations so as to secure protection of ideas and items.
– A 100 % free industry program that allows for a level playing field
As a naturalist country intensely depending on 100 % free industry business economics, companies are mainly permitted to ‘naturally’ go in and out the trade as determined by fundamental concepts of supply and demand regardless of socio-economic background.
What is the EB5 program?
The EB5 program was designed to activate the U.S. economic system through job development and investment through international investors. Initially established by the U.S. in 1990 by Congress, it is currently adopted by the U.S. Citizenship and Immigration Services (USCIS). In most cases, there are two methods by which an immigrant investor can gain lawful permanent residence for themselves and their immediate close relatives. The first is through the Primary Program and the second through the EB-5 Regional Center.
For potential candidates who are seeking to immigrate to the U.S. through investment indicates, most turn to the EB-5 Regional Center. Through this method the trader is able to invest $500,000USD into a good investment project provided by an authorized Regional Center. The main difference between this procedure and through the Primary Program are the quantity in the former is half of the latter ($1,000,000USD) and the project in the former is situated in a place which is known as a Targeted Employment Area (TEA). As described by the USCIS, a TEA is “a province or a place that has experienced great lack of employment of at least 150 percent of the national average.” In both routes for property your efforts and effort and money quantity must create or secure 10 or more full-time jobs for U.S. workers within 2 years of the investor’s admission to the U. S. as a conditional permanent resident.
Benefits of the EB5 program (Regional Middle Lead Program):
– Can handle a huge variety of applicants
The EB5 program was designed so that investment projects, as long as they complied with the specifications of the USCIS, could possibly attract international investors. The actual vastness of the country in addition to the usefulness and flexibility of the program for tasks looking to raise resources indicates that many candidates will have an opportunity to take part. Currently, there are more than 250 Regional centers authorized by the USCIS. Compared with many other investment-based immigration programs all over the world, the EB5 program allows several hundreds of traders into the same identical project.
– Easy to see what others have done and good to know that it can be copied
Often, individuals select to immigrate to a location where they have relatives. The advantage of the EB5 program is that Regional Centers are able to split a growth into several different levels, enabling each stage to produce a different and individual EB5 project. The security of knowing that someone has efficiently developed through the same levels can give candidates the confidence that their project can pass the requirements set by the government.
– Cost Effective
Compared to other investment-based immigration programs throughout the globe, the wind turbine for playing the EB5 program is much lower. For the Regional center Program it is only $500,000USD and very affordable, when compared to Sydney (well over $4,000,000USD) or the UK (£1,000,000 investment plus another £1,000,000 of net worth).
– Hands off Investment
Rather than having to individually handle and run a company like in some countries, (such as Canada) a trader can ‘passively’ get involved in the EB5 program. Often their investments will provide funding to the project through stocks purchase in a partnership.
Drawbacks of the EB5 Program:
– Length of Program Process
Like most investment-related immigration applications in western world, the procedure from beginning to end for the EB5 program could take several months. Much can happen during that period, close relatives conditions change, even the decision to immigrate might change.
– Need of fulfilling the physical presence requirement in the U.S.
Once the I-526 is approved and the Green Card is granted to the investor, there is a need to maintain the physical presence requirement imposed by the USCIS. This may create problems for individuals who manage companies overseas to remain in the U.S. and, at the same time, manage their companies.
– Threat for project failing and no-return of funds
Participation into the EB5 Regional Center Program may be risky. Participation into the EB5 program does not equal efficient immigration. In fact, there is a probability that your efforts and money could turn out unfavorably and the investor will receive nothing in come back.
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Contact the New York Business Immigration Attorney at the firm for legal help with your immigration concerns today:
– O-1 visas for individuals with extraordinary ability
– H-1B Visa for skilled workers
– E-1 Visa for Import/Export
– E-2 Visa for Investments
– L-1 Visa for Intra-Company transfers
– EB-1 visas Permanent Residence for workers with Extraordinary Ability
– EB-2 visas Permanent Residence for Professionals and workers with Exceptional Ability – EB-5 Green Card