The EB-5 Visa program attracts foreigners by giving them the opportunity to invest in projects that create jobs in the United States. If you’re a business owner looking to expand into America, or just looking to be a legal resident of the U.S., the EB-5 Visa can help you achieve this through your investment.
The goal of the program is to enable foreign investors to acquire a green card and path of citizenship after they invest money into a U.S based project establishing at least 10 new jobs. Through the EB-5 visa, multitudes of investment have flown in from across the globe including countries like Canada, South Korea and Great Britain, while majority of investors come from China.
Established by Congress in 1990, this program is administered by the United States Citizenship & Immigration Services in order to encourage economic activity through capital investment and job creation through investors coming from abroad.
Click here to view more information on EB-5. Here are some details about the EB-5 visa qualification:
What this means is a commercial enterprise must consist of a holding company along with completely possessed subsidiaries, provided that each subsidiary is involved in a profit-based activity for the ongoing performance of a legal business. Keep in mind this doesn’t include non-commercial activities such as operation or possession of a personal residence.
The investor is required to pitch an amount of capital that creates full-time positions for a minimum of at least 10 employees.
The required minimum capital investment for the EB-5 visa is $500,000. Capital as per this definition means equipment, cash, inventory and all tangible properties secured by the assets owned by the alien entrepreneur.
Another requirement is the investor must be able to prove that all capital invested was obtained through legal means.
Here are just a few details on the EB-5 Visa Program. Please visit the website for more information regarding the process and requirements.