EB-5 Visa: Boosting the Economy in the U.S.

Investments Creating Opportunities


The EB-5 Visa stands out as a golden opportunity for foreign investors in the United States. With a hefty investment, this program opens the door to Permanent Residency and fuels the country’s economic growth.


The EB-5 Visa is an immigration program designed to attract foreign investment and boost economic growth. It allows qualified investors to obtain Permanent Residency in the United States for themselves and their families.


There are several requirements to apply for this type of visa. Among the most crucial are:


Minimum Investment: Applicants must make a minimum investment of $500,000 to $1,800,000, depending on the project’s location.


Job Creation: The investment must create at least ten full-time jobs for American workers during a specific period.


Source of Funds: Investors must demonstrate that the funds come from a legitimate and lawful source.



What is the procedure for obtaining an EB-5 Visa?


First, investors must identify a project approved by the EB-5 Program. This can be either their commercial project or through a USCIS-approved Regional Center. Then, they proceeded to file the petition. Investors must file the Immigrant Petition by Alien Entrepreneur, completing Form I-526. This petition showcases the investment and project viability. Once the petition is approved, investors and their dependents can apply for a conditional visa to enter the United States.


During the two-year Conditional Residency period, investors must ensure the project meets job creation requirements. The investment must generate at least 10 full-time jobs for American workers, which must be created within a specific period and maintained continuously.


Job creation is a pivotal element of the EB-5 Program, aiming to encourage investments that economically benefit local communities. Investors must work closely with immigration professionals and experts to ensure compliance with requirements and proper documentation submission.


Investors must demonstrate that the required jobs have been created and maintained as a result of their investment by providing documentation supporting job creation, including payroll records, tax forms, and other job-related records.


At the end of the Conditional Residency period (typically after two years), investors file Form I-829, Petition by Entrepreneur to Remove Conditions. If USCIS approves Form I-829, investors and their dependents obtain Permanent Residency in the United States without conditions.



Benefits of the EB-5 Visa


The EB-5 Visa offers several significant benefits for foreign investors seeking Permanent Residency in the United States. Some of the most important benefits include:


Acquiring Permanent Residency: EB-5 Visa approval grants Permanent Residency (Green Card) to investors, their spouses, and children under 21.


Geographic Freedom: Investors have the freedom to choose their project’s location. They can invest in Targeted Employment Areas (TEA) with higher unemployment rates or other areas based on their preferences and goals.


No Age, Language, or Work Experience Requirements: Unlike other visa programs, EB-5 does not require investors and their families to meet certain age, language, or work experience requirements.


Right to Work and Study: EB-5 Visa holders have the right to work and study in the United States, providing flexibility and educational and employment opportunities.


Business Opportunities and Investment Return: Investors can actively participate in managing their own commercial projects or choose projects managed by Regional Centers. There are opportunities to achieve a return on investment and engage in business activities.


Citizenship Acquisition: After obtaining a Permanent Residency, investors and their families can explore options to become U.S. citizens.


Contribution to Economic Development: By investing in job-generating projects, investors contribute to the economic growth of local communities in the United States.


These benefits make the EB-5 Visa an attractive option for those seeking investment opportunities, stability, and a path to Permanent Residency in the United States.


If you’re considering the EB-5 Visa or want more information about your immigration options, don’t hesitate to contact Oasis Legal Group. We’re here to advise you and find the best path to establish yourself in the United States.



Frequently Asked Questions


What’s the EB-5 Visa, and how does it stand out from other visa programs?


The EB-5 Visa is a green card scheme that rolls on investment, giving foreign investors a shot at U.S. permanent residency. Unlike its counterparts, EB-5 calls for a hefty investment in job-generating projects.


What’s the minimum investment required for the EB-5 Visa?


You’re looking at a minimum investment of $1.8 million in a brand-new or existing business venture. However, that figure can drop to $500,000 if your project falls within a Targeted Employment Area (TEA), usually an area with soaring unemployment rates.


How do I pick an investment project for the EB-5 Visa?


Investors can cherry-pick projects stamped with approval by the U.S. Citizenship and Immigration Services (USCIS) or dive into ventures tied to Regional Centers earmarked for economic growth.


What’s the application process for the EB-5 Visa?


The drill involves scouting for a project, filing the I-526 petition with USCIS, getting the nod, applying for the visa at an embassy or consulate, going through a consular interview and a biometric test, and ultimately, stepping on U.S. soil.


What perks does the EB-5 Visa bring?


The perk package includes permanent residency for the investor, their spouse, and children under 21, the freedom to choose projects across the U.S. map, and schooling opportunities.