A Look into the EB-5 Immigrant Investment Program

                                                                        Image Source: donosolaw.com

Immigrating to the U.S. has been a dream for many a people that has, more often than not, remained unsatisfied due to the complicated process of obtaining a visa. The EB-5 investors program is one that has managed to make this process easier. Here’s a look into the program:

How can one qualify for the program?

There are a number of ways one can be eligible to qualify for an EB-5immigrant investment program. These requirements set down by the government are:

1. Creating a new business in the U.S.

2. Taking over an existing business that is troubled (defined as having lost 20% of its net worth) and ensuring that all jobs existing be retained

3. Taking over a business and growing it further (defined as ensuring an increase of up to 140% or more, whether in terms of jobs or net worth)

4. Investing in a regional center that is existing and approved

Apart from only creating a business or growing it beyond what it once was, one must also ensure the following:

1. An investment of $1 million in a new business or $500,000 in specific target employment areas

2. Creation of a minimum of 10 full-time jobs within 2 years

3. Retaining of jobs for at least 2 years in existing businesses that are struggling

4. Legal source of investment funds

Figuring out the eligibility for yourself can, however, be daunting without help. With EB-5 visa consultants available to help clear your doubts and queries, you can have a clearer understanding of the program and make the right decision.

Benefits of investing in an EB-5 immigrant investment program

One of the greatest boons to opting for an EB-5 visa is the fact that applicants can enjoy numerous benefits and give their family the life they dreamed of. Some of these benefits include:

1. The children of the applicants can be a part of the best universities, schools, and colleges in the U.S. with relatively lower college tuition fee as compared to native students

2. Applicants can travel to the U.S. with only just their green card even without a visa

3. Applicants and their families can make the most of the medical facilities and health insurance benefits that U.S. citizens enjoy

4. Applicants are given the flexibility to live anywhere they prefer in the U.S.

Understanding the eligibility and the benefits associated with the program can help people better understand the EB-5 program.