USA EB5 Investor Visa
The EB-5 visa gives permanent U.S. residency to those investing into government-approved projects across the United States of America. The USA investment visa can be beneficial as it grants access to the U.S. education system, the right to live, retire, work and study in the USA, the ability to receive investment back upon the completion of the project and residency for the investor, any children (under 21) and their spouse. The main applicant must reside in the USA for 6 months per year.
EB5 Regional Center
The Regional Center Program also known as the Immigrant Investor Program requires investment of $1 million or a reduced $500,000 if the investment is in a Targeted Employment Area (TEA). This sets aside EB-5 visas for participants who invest in commercial enterprises associated with regional centers approved by USCIS based on proposals for promoting economic growth. In particular the investment must be “at risk” and shown to create 10 full time US jobs for two years. Many of the EB5 projects are real estate related. All such investments are packaged involving minimal investor participation.
Proof of the funds being legally acquired must be given, the investment must be “at risk” and the investor must have no prior criminal record.
Green Card Investment
The EB5 visa is essentially a green card through investment. Investors are rewarded with a green card (after two years), although these are limited to 10,000 applicants per year with 5,000 of this total reserved for regional centres. Success rates for the Eb-5 can vary and will depend on the investment type, personal situation, legal representation, regional centre and other factors.
Citizenship by Investment
The EB5 is not in itself a citizenship by investment programme. However after obtaining a Green Card applicants can apply for USA citizenship after a period of five years of Permanent Residency. A process known as Naturalization.
Future of USA EB5
The EB5 programme has been extended by Congress several times in recent years. There are several proposals currently which could result in the investment amount rising to $800,000 or $1.3 million. Or even being scrapped altogether. Meanwhile and currently the limit remains at $500,000.
We advise anyone considering a regional center investment for the EB5 to contact one of our consultants as soon as possible.