Important Things That You Should Know About The EB-5 Visa Program

1. Important Things That You Should Know About The EB-5 Visa Program What is EB-5 visa? The EB-5 visa is a popular kind of visa option beneficial for foreign investors and the families who are looking for becoming green cardholders. This program makes way for an individual having a specific desire to invest in order to gain a particular visa on intending to make an investment for the purpose of profit business in the United States. It also includes the plan of creating and preserving full-time jobs in the U.S. This program started in 1990 in order to bring about the foreign investment to the U.S, and also stimulate the economy. You can also apply through an EB5 regional centre to the program that connects third party investors with great investment opportunities. What is the exact amount of investment required? $500,000 or $1 million is invested in a rural or high employment area that is considered as a targeted employment area (TEA). The amount has been very recently reduced to $500,000. What are the job creation requirements? The EB 5 visa requirements state the USCIC requires the program to result in the creation of 10 full-time jobs for the workers. Moreover, these jobs need to be created within a period of two years post the investor receiving the conditional permanent residency. In some instances, the investor can prove that the investment further led to direct jobs for the purpose of employees working directly within the commercial entity, which received the investment. What is the primary purpose of the program? The EB-5 program was initially created by Congress in the year 1990 in order to stimulate the economy of the United States with the help of capital investment and job creation by foreign investors. This program was enacted as being a pilot in the year 1992 while being reauthorized regularly since then. These investors might also qualify for the classification of the program by investing through the regional centres as designated by the U.S Citizenship and Immigration Services (USCIS). Who primary benefits from this program?

2. Each year, approx ten thousand EB-5 visas are available. This visa, however, does not extend to the individual investor particularly but to the family as well. As ten thousand visas are available, a lot less goes to the individual investing, these investments can be made in the form of a one million dollar investment in several densely populated areas or half a million dollars to the rural regions. Get in touch with EB 5 immigration lawyerto get additional information. Which nation’s citizens are not allowed to apply for the program? There are various nations of which citizens are not allowed to apply for the EB-5 program, and North Korea is one of them. What is the future of the program? The EB 5 visa program has been recently extended in the current form through the month of September. What happens after this majorly depends on the review being conducted by Trump administration and Congress. These essential things are a must for everybody to know who are about to enrol in the EB-5 visa program. Address: Levels 7 & 8, Gblock c 62, Bandra- Kurla Complex,Mumbai, India 400051 Contact No: +91 2240-907370 Email ID: mdavies@usimmigrationadvisor.com Website URL: https://www.usimmigrationadvisor.com