Getting Your Green Card Through EB-5 Program
EB-5 Immigrant Investor Program of United States Citizenship and Immigration Services is a program that lets foreign investors to get a green card via 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. Apart from that, the investment they will be making should create at least 10 full time jobs. For an investor who has met these requirements on the other hand, they are sure to enjoy a number of benefits like for example, someone who has applied as investor gives them the chance to bring their family with a green card, the EB-5 Immigrant Investor program needs a less personal document, has a 92 percent approval rate and also, has faster application process that takes only 5 to 6 months.
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 don’t have to manage investment projects on their own but can get to enjoy the right of supervising it and then after 5 years, the investor together with his/her family can acquire a US citizenship in which at the same time, can get back their investment.
Capital means equipment, inventory, cash and all other tangible property. Cash equivalents as well as indebtedness secured by the assets owned by the entrepreneur. Well, this is as long as the investor is primarily and personally liable and that the assets of the new commercial enterprise upon the petition is based on are not used to secure indebtedness of any sort. All capital has to be valued at a fair market value in US currency. However, assets won’t be considered as capital if it is acquired unlawfully either directly or indirectly.
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. As for the minimum investments required for any investors, the following should be met:
General – in reality, 1 million dollars is the minimum qualifying investment for an investor to invest in the US.
Targeted employment area – 500,000 dollars is the minimum qualified investment that is either within a rural or high unemployment area in the US.
Whether you believe it or not, EB-5 Program was so successful in helping to build America’s economy.