Permanent Resident Green Card
More and More Foreign Investors are Obtaining EB-5 Visas
There are a myriad of different ways someone wishing to immigrate to the United States can obtain a green card. From temporary work visas to applying for permanent residency, there are options available for you. For foreign investors wishing to live in the United States, EB-5 visas are the best options. These green cards allow people overseas the opportunity to invest capital in one or more of the many thriving U.S. industries.
Requirements for EB-5 can be a little confusing at times, so it is good to have a legal professional standing by to help you with the application process. They can answer your many questions and aid you in understanding the often confusing laws that were put into place during the Immigration Act of 1990. Of the many requirements, there are a few especially important stipulations that your attorney can help explain in a way that is easy to understand.
There are some things to keep in mind before seeking out one of your local EB-5 centers and applying for a visa. First, since the Direct EB-5 visa is for investors, the applicant must be either investing capital into an existing business or starting their own business on U.S. soil. The business must have been created or restructured after 1990. Also, the applicant should be investing at least 1 million dollars into this business. Another major requirements is that the applicant must show that the invested capital was obtained legally.
When applying for a Direct EB-5, it is also important to show intent to reside in the United States. This can be done in several ways. Paying U.S. taxes, purchasing a car or opening a bank account are all acceptable examples of intent to reside. Purchasing a home and obtaining a Social Security number are even better.
After meeting the requirements for the EB-5, it is very important to physically enter the United States within 180 days of issuance. Failure to do so could render the entire application null and void, forcing a forfeiture of the visa. After entrance into the United States and proving intent to reside, the investor is free to go where they please. There is not a set amount of required time that must be spent within the borders of the U.S.
To keep your EB-5 visa application process simple and quick, visit a local EB-5 center and remember to consult with a legal professional beforehand. This will help the whole process run smoothly, allowing your capital investment goals to finally come to fruition.
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