Thursday, 5 June 2014

The EB-5 visa program

The eb-5 program was introduced by the government on the United States in the ear of 1990 the immigration act of 1990 was the act that created the eb-5 program and it opened up new gates for all those wishing to own their green cards of the united states. This program is considered to be a very highly beneficial program for all those foreign nationals who are prepared and are willing to invest money in the country of the United States. This program is a very suitable for all the wealthy individuals who are considering to make a permanent residence in the United States of America. There is also no quota waiting list for this particular preference category, which is also a great highlight. This will enable any foreign national to get a permanent residence for him in the United States very quicker than any other method.
The rules and regulations
The eb-5 investment program has version rules and regulations for the individual to qualify. The individuals choosing this category need to invest at least a sum of one million dollars in any commercial form like an enterprise or a business. If the area chosen is found to be a very under developed area with lots of unemployment problems or if the area is not very highly developed with just the basic amenities, the individual can invest a sum of 500,000 dollars. Also, such a company has some rules to qualify too. The company or the firm established needs to accumulate at least ten native workers of the country of the United States and these workers must work full time too. The role of the investor can be a bit light though. If the investor is not very keen on managing the business very actively, he can certainly get help from others like a normal business. Also, the documents need to be perfect and accurate to be eligible. Any doubtful funds or the funds from unknown and undocumented sources will be regarded not complete. The funds can be a gift for the investor though but the documentation should be done right.
The procedure
After the procedures of the documents are gotten right, the investor Green Card Program allows the individual a conditional residence for a period of two years. The USCIS satisfaction and eligibility will be checked after two years and the permanent residence of the individual will be decided them. In this period of two ears, the funds invested in the business should be intact with no withdrawals. Also, the jobs of the amative US workers should be permanent too.
Also, if the investor is not interested in making a separate business for himself, he can invest the same fund in some other company owned by another person. There are also invest a share with other parties too, but the investment needs to be commercial. Also, there are many regional centers labeled for the investments as well. These regions are marked by the USCIS for the purpose of investment with ten workers.

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