EB-5 US Immigration Program: Investment Visa to Get a Green Card for the Whole Family
The EB-5 US immigration program (Employment Base Fifth) is one of the investment methods that helps foreign investors' families get a US green card. Enacted by the US Congress in the 1990s, the EB-5 program aims to promote economic growth and create jobs for US citizens through foreign investment. Through this form, the investor's family including spouse and unmarried children under 21 years old can be granted a green card, become Permanent Residents and open up opportunities for US citizenship.
1. EB-5 US Immigration Investment Conditions
To be eligible to participate in the EB-5 program, investors must meet the following requirements:
Minimum Investment Amount: Requires an investment of at least $1,050,000 in a commercial enterprise in the US. If investing in a Targeted Employment Area (TEA), the minimum investment is $800,000.
Job Creation for US Citizens: The investment project must create at least 10 full-time jobs for US citizens, usually within 2 years of the project's operation.
Investment Form: Investors can choose to invest directly in their own business or participate in an approved EB-5 Regional Center. Regional centers help investors make investments through large projects, reducing the pressure of self-management.
2. Benefits of the EB-5 Program
The EB-5 program offers many attractive benefits to investors and their families:
Issuance of US Green Cards: Investors and family members (including spouses and unmarried children under 21 years old) will be granted green cards and enjoy permanent residency in the US.
Opportunity to Obtain US Citizenship: After maintaining the green card for 5 years, the whole family can apply for US citizenship and become US citizens.
Educational Benefits: Investors' children will study at US public schools, enjoy preferential tuition fees compared to international students and have many opportunities to enter top universities.
No Language and Experience Requirements: The EB-5 program does not require investors to have high English proficiency or complex business experience, making it easier for many families who want to settle.
3. EB-5 Visa Application Process
To participate in the EB-5 program, investors need to perform the following steps:
Step 1: Select an Investment Project: Search for a valid investment project that meets the criteria of the EB-5 program, including projects in TEA areas if you want to invest with a lower capital.
Step 2: File an I-526 Application: This is an EB-5 visa application, requiring evidence of investment and job creation commitment. Once approved, investors will be granted a permanent visa.
Step 3: Enter the Country and Receive a Conditional Green Card: The investor and his family will receive a conditional green card valid for 2 years.
Step 4: File I-829 Application: Within 90 days before the conditional green card expires, the investor must file I-829 application to remove the condition and receive a permanent green card.
4. Things to Note When Participating in the EB-5 Program
Check the Project Carefully: Investors should carefully research the investment project and its potential for success to ensure that it meets the job creation requirements.
Consult an Immigration Attorney: Because the EB-5 visa application process is quite complicated, consulting an attorney specializing in US immigration is necessary to help ensure that the application is completed properly and increase the chances of success.
Choose a Reliable Regional Center: If you choose to invest through a Regional Center, look for reputable centers that have been approved by the US Citizenship and Immigration Services (USCIS).
Conclusion
The EB-5 US immigration program offers investors and their families the opportunity to settle in the United States, along with many benefits in education, health care and employment. Despite the high capital requirements and complicated process, EB-5 is still an ideal choice for those who want to settle in the US through investment. To ensure success, prepare carefully and choose a reputable partner throughout the application process.
- Category:
- VISA - Sponsor - Interview
- 10 Nov, 2024
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