Getting Your Green Card Through EB-5 Program
The EB-5 Immigrant Investor Program of United States Citizenship and Immigration Services is basically a program that is focused on allowing foreign investors to acquire a green card through investment. With the green card, it identifies its holder as a lawful US permanent resident who also has the right to exit, enter, work and live in the US.
For the investors however, they have to meet requirements like not having criminal records, be in good state of health, must be at least of legal age, invest at least 500,000 USD that’s lawfully gained. Besides that, the investment has to create a minimum of 10 full-time jobs. Assuming that an investor has met the requirements, they are now able to reap the benefits of being one like getting an approval within 5 or 6 months, 92 percent approval rate, can bring their family in the US and when compared to other known visas, using EB-5 Immigrant Investor program demands less personal documents.
In addition to that, there are no limitations when it comes to education, age, business background or language of the prospective investor and they can live in US and have the opportunity to travel without visa to almost 150 countries. Investors do not need to management investment projects on their own but they can have the right to supervise it and then after 5 years, they can bring their family and be given a US citizenship; on that same time, they have also recoup their investments.
Capital means equipment, inventory, cash and all other tangible property. The cash equivalent and also, indebtedness secured by assets are owned by entrepreneur. This is as long as the alien entrepreneur is primarily and personally liable and the assets of new commercial enterprise upon which the petition is based aren’t used in securing indebtedness of any kind. The capital must be valued at fair market in US currency. All the assets acquired whether indirectly or directly, by unlawful means like criminal activities won’t be considered as capital.
A very important thing to be remembered here is that, the investor should be able to establish that he/she is the legal owner of the invested capital. The minimum investments required for the investors are as follows:
General – this is the minimum qualifying investment in the US which is 1 million dollars.
Targeted employment area – 500,000 dollars is the minimum qualified investment that is either within a rural or high unemployment area in the US.
As a matter of fact, EB-5 Program is one of the contributors for the growing economy of the United States.