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US EB5 program<br>Lets have a look at the procedure for US EB5 Investor program.For more information visit <br>http://www.stratixconsultants.org/us-eb5-investor-visa-programs/<br><br><br><br><br>
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Visa System Representation • The US Congress created the EB-5 program in 1990 to restore the economy through giving jobs and capital investment by overseas investors. Former President Obama signed the Public Law 114-254 back on December 10, 2016 about expanding the regional center program by April 28, 2017. • USCIS system on EB-5 arbitration is included in Volume 6, Part G of the USCIS Policy Manual. • All EB-5 investors must spend in new commercial business: • Started after Nov. 29, 1990 or • Begun on or before Nov. 29, 1990 that is: • Current business is reorganized in new commercial business results or • Extended by more investment therefore, at least 40% increase in the net worth or number of employees
Commercial business is to get profits for the continuous lawful business including but not limited to: • Sole proprietorship • Partnership (whether limited or general) • Holding company • Joint venture • Corporation • Business trust • Other organization, either public or privately owned. (Noncommercial activity like owning and managing personal residence is not included)
Job Providers Requirement • An EB-5 investor must produce the needed amount of capital in new commercial business that will give full-time employment, minimum 10 eligible employees. • New commercial business must create full-time employment, if it’s not located within a regional center. • Full-time positions can be given either directly or indirectly by the new commercial business, if its located within a regional center. • EB-5 investor might depend on job maintenance, if there’s business trouble. • Investor must show that the number of current employees will be remained at least 2 years.
Eligible employee is U.S. nationality, legalized permanent resident or other immigrant permitted to work in the US including, but not limited to, conditional or non-permanent resident, fugitive or person living in the US under interruption of extradite. • Full-time employees in the new commercial business are required minimum 35 working hours every week. • For regional center system, full-time employees which have been indirectly hired are also instructed minimum 35 working hours every week. • If two or more qualified employees share full-time positions will consider as full-time employment, given the hourly requirement per week is achieved. Part-time positions are not included even though they reached the hourly requirement per week. To get more information about US EB5 program, visit - http://www.stratixconsultants.com/