By using foreign capital investments that generate jobs, the program has drawn billions of dollars and created hundreds of thousands of jobs for Americans.
To receive an EB-5 visa, applicants must invest $800,000 to $1,050,000 depending on the location and type of project. This allows U.S. taxpayers a break from fueling the market. Under the laws for this type of immigration visa, each investment must create at least 10 full-time jobs for U.S. citizens or permanent residents who are authorized to work in the U.S.
Despite EB-5 visas accounting for the smallest percentage of immigrant visas that are issued, the program has a larger impact on revitalizing the nation. It’s why foreign entrepreneurs and investors who want to immigrate to America often consider applying for this visa as they receive some unique benefits.
Benefits for EB-5 Visa Holders
If you are an investor seeking lawful residency in the U.S., the EB-5 visa has some great benefits for you and your family.
Adding Family
With an EB-5 visa, you can include your spouse and any unmarried children under the age of 21. Your investment amount does not matter as you can bring your close family members with this visa.
Get a Green Card
When you get an EB-5 visa, you get a conditional green card. After being in the U.S. for two years, you can then apply to remove the restrictions from this visa and obtain a full green card.
Live the American Dream
People come from all over the world to pursue the American dream. With an EB-5 visa, it’s much more attainable, giving you better access to permanent residency. You are also not limited to where you can live in the U.S. with an EB-5 visa.
Return on Investment
When the investment cycle is complete, which may take five to seven years, you can enjoy the return on your investment. While it is no guarantee, many EB-5 visa holders have found this the path to their success.
Learning Opportunities
An EB-5 visa allows your children to pursue the best educational opportunities in the country. Having the freedom to choose extracurricular activities from sports and drama to math clubs and other languages is part of what makes the U.S. such a wonderful place to live.
Access to Healthcare
The U.S. may have high healthcare costs, however, the quality of facilities is top-notch. With state-of-the-art equipment, it’s easier to get any treatments you may need.
Money for Your Retirement
When you become a U.S. citizen through your EB-5 visa, you will be eligible for Social Security benefits when you retire. The amount you may receive will depend on how many years you worked by the time you reach retirement age.
No Sponsor Required
Many other types of immigration visas require that a person or an entity sponsor you for your visa. With the EB-5, you will not need a letter from your employer. You only have to meet the eligibility requirements.
No Need to Speak English
Other visa programs will require you to pass an English language test. You do not need to take this step as an EB-5 visa holder. Additionally, you do not need to have management experience as you would with other investor immigration visas.
How to Apply for the EB-5 Visa and Invest in America Today
If you want to apply for the EB-5 visa, you must be able to invest the proper amount of capital and create new jobs for Americans. Since immigration laws and requirements change frequently, the best way to ensure things go more smoothly is by working with an EB5 visa lawyer.
Immigration lawyers must stay current with the latest information from the United States Citizenship and Immigration Services (USCIS). Without one, you may fill out an outdated form or pay the wrong fee. A lawyer will ensure you pursue your visa without making costly mistakes.