13 Dec, 2020 | celebrateimmigrants.us | No Comments
Eb 5 Experts Help Immigrants Get Green Cards
EB-5 visas are granted to up to 10,000 immigrants to the United States each year. The EB-5 program allows immigrants to invest money in business ventures in the U.S. and receive a conditional green card. These immigrants must invest $1 million in a new business start-up or $500,000 in an established EB-5 Regional Center. The investments must result in the creation of at least 10 full-time jobs for U.S. residents (not including the EB-5 investor and his or her family members). Immigrants under the EB-5 program may bring with them their spouse, as well as children and step-children who are under age 21 and unmarried.What Are EB-5 Regional Centers?EB-5 Regional Centers are existing business enterprises in the United States that allow investor immigrants to make a $500,000 investment in order to come to the U.S. under the EB-5 program. There are more than 100 Regional Centers, and they are located all across the U.S. Regional Centers are involved in just about every type of business imaginable, and they welcome immigrant investors, whose investments help them grow and create jobs for U.S. residents. Because there are so many Regional Centers, EB-5 immigrants can feel overwhelmed when trying to decide where to invest. Fortunately there are EB-5 consultants to help with these decisions.What Do EB-5 Experts Do?EB-5 consultants are experts on the rules and requirements of the EB-5 immigration program. They not only know what steps have to be completed and in what order, they also have a good understanding of the many EB-5 Regional Centers. This allows them to assist immigrants in finding the right Regional Center for their interests, experience, and preferred location. EB-5 consultants make sure that immigrants complete all the necessary paperwork, get all the proper approvals, and place their investment funds safely in escrow until they can be disbursed to the Regional Center venture the immigrant chooses to invest in.Why Do Immigrants Need Consultants with EB-5 Expertise?Like other types of immigration, EB-5 immigration is a complex process. Furthermore, it involves the investment of a fairly large sum of money. Immigrants who don't have in-depth knowledge of the process could end up wasting precious time during the process by making mistakes during the immigration process. Time is money, and EB-5 consultants help by making sure that immigrants do everything required of them and meet all pertinent deadlines. Additionally, EB-5 consultants are able to help immigrants assess their interests, experience, and location preferences so they can choose the best Regional Center in which to invest.When Can EB-5 Immigrants Become U.S. Citizens?After two years of having a conditional green card, EB-5 immigrants may petition to have the conditions removed so that they have a permanent green card. After another three years (five years after first obtaining their conditional green card), they are eligible to become U.S. citizens. The EB-5 program is a "win-win" situation for all concerned. Immigrants are able to immediately be a part of a U.S. business venture, and Regional Centers benefit from new financial investment. The EB-5 immigration process should be considered by any immigrant who wants to invest in business in the United States.