The EB-5 Immigrant Investment Program offers a path to a green card, which allows the investor and his or her immediate family to live, work, study, and retire anywhere in the United States. It helps foreign nationals obtain their American dream while promoting the growth of the U.S. economy through job creation.
Advantages of the EB-5 Visa Program
With the necessary investment capital, the EB-5 visa program is one of the best ways to obtain permanent resident status in the United States. It does not require a U.S. employer as a sponsor and specialized skills, experience, or knowledge. The program is also not exclusive to foreign nationals of specific treaty nations.
Upon receiving the approval from U.S. Citizenship and Immigration Services (USCIS), a conditional permanent residence status will be given to an EB-5 investor and his immediately family-includes unmarried children below 21 years old only. If the EB-5 investment has proved to meet the requirements of the program after two years, the investor, as well as his or her family, can apply to remove the conditions from their status. They can also become naturalized citizens five years after receiving the initial conditional permanent resident status.
Benefits of the EB-5 Visa
Here are the benefits that the EB-5 visa can provide to foreign investors:
- One of the fastest ways to obtain permanent residency in the U.S. for the investor and his immediate family (children must be unmarried and below 21 years old)
- Can live, study and work anywhere in the U.S. without restrictions, includes states such as Texas and Florida without state income tax
- Access to public schools-elementary, middle, and high schools – and lower cost in-state tuition in universities and public colleges
- No visa sponsor needed
- H1-B work visa not needed for employment
- “At risk” investment can be secured through collateral in a real estate project with minimized downside risk
- The investor and his/her family can enter the United States without delay in the event of a political change or significant event in the investor’s home country
- Probability of U.S. citizenship after a minimum of five years established permanent residency in the United States