If you want to immigrate to the United States and seek a path to permanent residency, the EB-5 visa program could be an option worth exploring.
However, you should understand the EB-5 visa program specifics before you get started.
Investment requirement
The EB-5 program offers two different investment amounts, according to U.S. Citizenship and Immigration Services. If you are investing in a new commercial enterprise located in a high-employment area, you will need to invest at least $1.8 million. However, in a targeted employment area, the minimum investment is only $900,000. TEAs are rural areas or regions with high unemployment rates.
Many EB-5 investors choose to invest in projects affiliated with USCIS-designated Regional Centers. These centers facilitate investment opportunities and offer a more passive role for investors. In addition, USCIS requires evidence to ensure that your investment capital has been lawfully obtained.
Conditional permanent residency
Upon approval of your EB-5 visa, you will receive conditional permanent residency, which is valid for two years. To remove the conditions and obtain full permanent residency, you need to meet the job creation and investment requirements.
Job creation requirement
The primary goal of the EB-5 program is to stimulate economic growth by creating jobs. As an investor, you need to demonstrate the creation of at least 10 full-time jobs for eligible U.S. workers within two years of your admission to the U.S. or the approval of your conditional permanent residency.
Family eligibility
The EB-5 visa allows you to include your spouse and unmarried children under the age of 21 as derivative beneficiaries on your petition. They can also receive conditional permanent residency.
With the right approach and a little patience, the EB-5 visa can open doors to new opportunities and a brighter future in the United States.
