How to Apply For and Acquire a Green Card Without Problems
How to obtain a green card is not difficult, especially if you have a big bank account and are in a business of your own. Being adept at what it takes to run a business and make it work for you is also a great bonus.
There was a time when an immigrant needed to have one-million dollars to offer in a specific business endeavor to be considered for the EB-5 Visa program. Now, the cost is $500,000 for those who are willing to add this sum to a kind of account to help rebuild New Orleans. This fund has received 50 investors from at least 4 countries. When an immigrant places an investment in a business in the US, the spouse and the children who are under the age of 21 are also eligible to live in the US. That is one way to obtain a green card.
The individual pursuing an EB5 must verify that he has invested $1 million, or $500,000 if an investment at a USCIS specified Regional Center is applied and the business is verified. It is not mandatory that EB5 permanent residents stay in the US constantly. They are granted the right to keep business and professional associations in their home country. However, it is important that the EB5 permanent residents remain active in a business, as they may be restricted partners, and at the same time, involved in other personal enterprises.
Listed below are some things the person involved in American immigration must do:
• Intend to be a resident of America
• Rent or purchase a home of their own
• Open bank accounts
• Obtain a social security number
• Take a driver’s test and obtain a driver’s license
• Pay pertinent taxes
The EB5 visa for immigrant investors is a US visa made possible by the Immigration Act of 1990. This visa offers a way of obtaining an American green card for foreign individuals who invest money in the US. When investing in qualified investments or designated unemployment areas, the minimal investment required is $500,000. The investment is assigned to develop at least 10 new jobs. The only way to make this investment is to an economic element noted as a Regional Center.
The EB5 investment-based American immigration program planned for investors with adequate resources to appeal for themselves and their families for an application for green card and permanent residency. The processing time for these transactions is nine to fifteen months.
Our website does not provide legal advice. If applying for an EB5 Investor Visa, we strongly suggest you contact our accomplished immigration attorneys for a discussion. We are the most outstanding immigration Law Firm in Miami and South Florida. Our fundamental partners are certified as experts in immigration law by the Florida Bar.
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