The EB-5 visa program provides a pathway to obtain a green card for any foreign national investing in the United States. EB-5 visa applicants, their spouses and children under the age of 21 are eligible to obtain permanent residency green card. An important element to look into while applying for the program is if the candidate successfully meets the criteria of minimum Investment and other requirements set by the program. If you’re an applicant who’s looking into acquiring an EB-5 visa, you need to qualify the following requirements for the EB-5 program –
The applicant must find a suitable business to invest in. Domestic immigration consultants can help you locate the project that best suits your needs, with the help of overseas migration agents. The EB-5 Program demands the applicant to invest $1,800,000 in a Non-Targeted Employment Area (TEA) and $900,000 in a Targeted Employment Area (TEA) as a capital investment which is rural or high-unemployment areas. These EB-5 business projects are typically generated, either from new commercial enterprises or regional center projects. Applicants must ensure that they meet authorized investor income requirements to move forward with the EB-5 process.
There are considerable types of business entities in which an EB-5 visa applicant can invest. To invest in a commercial enterprise, the applicant must independently set up the EB-5 projects which can have different business structures comprising of corporations, limited or general partnerships, sole proprietorships, business trusts, or other privately or publicly owned business organizations. However, investing in a Regional Center is beneficial and a viable option as the applicant is not required to set up the project by himself, rather directly invest in one of the regional center-led projects. As the Regional Center takes care of the job creation and investment, the applicant is not required to be actively involved in each step which makes it a convenient choice. Regardless, proper due diligence of the Regional Center and the project needs to be conducted to ensure if they are lawful and genuine. A reliable Law Firm and Immigration Consultant can aid you to acquire a robust project and a liable Regional center.
Once the project is finalized, the applicant must invest the required investment capital in the project they have chosen. The source of the investment should be lawful. Only then the source can be qualified as investment capital. The source of Investment can be realized from different channels which can either be in the form of cash, tangible property, gift, cash equivalents, or other alternatives. The EB-5 investor needs to ensure that the source of fund is traceable back to their origins for their application.
Want additional information about the EB-5 Investment program? We can assist you with the right information. Get in touch with us today.