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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