Invest in the US and Become a Citizen, a Complete Guide on EB-5 Visa
Invest in the US and Become a Citizen, a Complete Guide on EB-5 Visa
It’s a sure sort fact that the EB-5 visa process is something which is a very prominent and efficient way for immigrants to live and work in the United States of America which further follows a complicated but an easy nature of immigration laws and as well as policies.
It’s a sure sort fact that the EB-5 visa process is something which is a very prominent and efficient way for immigrants to live and work in the United States of America which further follows a complicated but an easy nature of immigration laws and as well as policies.
The EB-5 visa process is certainly helping a lot of start-up entrepreneurs and business enterprises investors to get a permanent green card and to begin their journey of work and business adventures together in the United States of America ever back since the era of the 1990s.
Well….in this blog or you can say guide. We are going to probably help you by clearing out your doubts about applying for an EB-5 visa process and its surrounding benefits for the applicant.
What is EB-5 Visa?
EB-5 Visa or investor visa process is an attractive, legitimate and lawful way specifically designed for the alien or foreign nationals who can apply in the purpose of attaining the right and liberty to live and work in the USA.
To qualify for this process, the particular applicant is required to pass the designated immigration laws, make an investment of a minimum of $500,000 which is now going to be $900,000 and $10,00,000 which is going to be increased to $18,00,000 depending on the GeoLocation of Investment which we will discuss here in the later part, and to establish at least 10 full-time jobs right in the United States of America.
EB-5 Visa Inception and Process
The US Congress first generated or you can say introduced this innovative fifth preference immigrant visa category i.e., the EB -5 category in 1990 which was majorly created for drawing high-end offshore investors and business enterprises in spite of benefiting our US Economy.
Apart from that, the steps for submitting an application for EB-5 visas are pretty simple and direct. However, some issues and complications may come up with the paperwork on the course due to the lack of evidence in produced funds which are then certainly necessary and as well as essential for the attainment of a successfully produced visa.
Basically, to acquire an EB-5 or investor visa the particular investor has to assemble a direct investment within their independence or they can surely venture investment with the regional center. Regional centers are the US government sanctioned and specialized organizations that are given the responsibility of collecting investment funds from the EB 5 investors of high-end projects like; retail store, hotel or a real estate project.
Requirements & Eligibility for an EB 5 Visa Process
- The Designated applicant must get surpassed through US Immigration laws, guidelines and as well as regulations.
- The applicant applying for the investor visa must invest to a minimum of $900,000 to $18,00,000 in US currency and required to create a minimum 10 full-time jobs for the great nation of United States of America citizens.
-The Investment fund that you provide in your documentation must come from valid and a legit source of income.
-Besides that, in an effort to qualify and entitled to the green card. The applicant has to demonstrate and similarly to exhibit that he/she followed and likewise met the requirements in applying for an EB 5 visa.
Getting a Green card through EB 5 Visa
As mentioned previously, there are a fair amount of requirements you need to meet in regard to obtaining an EB-5 visa from the government of the United States of America. However, the process of savor in and getting a green card subsequently isn’t slow-paced or mind-bending in nature.
*The next step is to file for an I-526 petition where the designated applicant has to clarify and as well as interpret the personal and budgetary details for the intended business plan. In conclusion, when all the provided information is esteemed real, the candidate can certainly and consecutively apply for residency and legitimately secure green card and as well as citizenship.
*After establishing your business and hiring a minimum of 10 full-time US workers. The US government is going to issue you a temporary green card which is subjected to the applicant for a time period of 2 years. Thereafter, you will be required to confirm that you are on the premises of the country and subsequently have met and established all the conditions required for the processing of your green card.