Investing in your Future as well as your CitizenshipAmbition and investment capital could be the only things
needed to acquire permanent U.S. citizenship. The EB-5 Visa provides the opportunity for alien investors
and their families to live in the United States for the purpose of creating or
improving a business that will positively impact the local economy. The idea is to attract investments from
abroad that will stimulate economic growth with an infusion of funds as well as
creating new jobs. Another goal of
the EB-5 Visa is to help save jobs in certain areas where unemployment is
higher than the national average.
These projects are generally referred to as Regional Centers. The EB-5 is beneficial to the
investor who will gain citizenship for themselves and their immediately family,
and the community in which the project is located also benefits from much
needed economic stimulation.
Most traditional visa programs require the applicant to be a
student or laborer of some sort.
The EB-5 has no such requirement; it only states that the investor must
maintain an active role in the newly established or improved business. As part owner, one could fulfill these
requirements without actually having to be hands-on as far as daily operation
is concerned. This unique
opportunity has been available since the early 1990s and many immigrant
investors have completed the program successfully with the help of an
immigration attorney and enjoy permanent citizenship along with the
satisfaction of being part of one of many profitable Regional Centers. These centers have been created all
across the United States in highly populated cities as well as rural and
agricultural communities.
Previous EB-5 applicants were required to start and maintain
businesses that created no less than 10 new jobs. This deterred many investors from pursuing this particular
pathway to citizenship. The
Regional Center option was proposed in 1993 and only requires an investment of
$500,000 into an area of high unemployment. An industry job multiplier is used to show the potential for
growth and the indirect creation of jobs, satisfying the requirements for EB-5
status.
|