About the EB-5 Visa Classification
The Immigrant Investor Program, also known as “EB-5,” was created by the United States Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by immigrant investors. There are 10,000 EB-5 immigrant visas available annually.
There are two distinct EB-5 pathways for an immigrant investor to gain lawful permanent residence for themselves and their immediate family—the Basic Program and the Regional Center Pilot Program. Both programs require that the immigrant make a capital investment of either $500,000 or $1,000,000 (depending on the project location) in a new commercial enterprise located within the United States.
The new commercial enterprise must create or preserve 10 full-time jobs for qualifying U.S. workers within two years (or under certain circumstances, within a reasonable time after the two year period) of the immigrant investor’s admission to the United States as a Conditional Permanent Resident (CPR).
EB-5 Green Card Benefits
Endless Job Possibilities
Having a Green Card opens up greater job possibilities. An EB-5 Green Card does not require employer sponsorship to work and holders can obtain employment in any U.S. territory provided it does not require U.S. citizenship. EB-5 investors also have the ability to start a business or form a corporation.
Eligibility for U.S. Citizenship
EB-5 Green Card holders are eligible to apply for U.S. citizenship after being permanent residents for an established amount of time.
Immigrate with your Family
Investors, spouses, and any unmarried children under 21 can all receive U.S. Green Cards with a single investment. It will still be valid even if you die or lose your job, and you have the ability to sponsor Green Cards for family members.
Holding an EB-5 visa allows one to leave and enter the U.S. without fear of being denied reentry by immigration officials. There is also the freedom to live and work anywhere in the U.S. with no travel restrictions.
Working in the U.S. for a total of 40 quarters (which comes out to 10 years, 4 quarters each year), allows for eligibility by Green Card status for Social Security benefits upon retirement.
Attend American Universities at Lower Rates
On average, a resident (as compared to a non-resident) can save at least 45% of the cost of attending college, with an average annual savings of $23,045. If a student is in college for 4 years, that’s a total savings of $92,183. EB-5 Green Card holders are also eligible to apply for government-sponsored financial aid, further reducing the cost of higher education.
Legal Rights and Protection
Green Card holders are entitled to most legal rights under U.S. law. They are allowed to own firearms, property, and cars like other U.S. citizens.
There are no language skills, business, or special training experience required to invest in the EB-5 program. The only requirements are to make the required capital investment legally and create 10 American jobs.