EB5 Immigrant Investor Visa Information

Jul 9
07:11

2010

M Frizzi

M Frizzi

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In this article we will examine the Eb5 visa program a bit closer, as we look at its formation, learn some general information and outline the requirements of this remarkable visa program.

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The fifth preference employment based visa (Eb5) is a United States immigration visa available to investors from foreign countries.This visa allows the immigrant investor to gain conditional and,if the guidelines of the visa are satisfied for two years,eventual unconditional status through a permanent residency card,also known as a Green Card Visa.The Eb5 visa program and the investors who take part in it are directly responsible for the creation of thousands of new,full-time jobs for American workers.Along with the jobs which must be created to satisfy the guidelines of the visa,many ancillary workers are kept employed due to the construction,engineering and planning that is typically a part of Eb5 business plans.The Eb5 program is also responsible for injecting billions of dollars into the United States economy through the invested capital and stimulated workforce.Clearly this program is having a positive impact on the United States,and is helping many immigrants and their families enjoy life on American soil.In this article we will examine the Eb5 visa program a bit closer,as we look at its formation,learn some general information and outline the requirements of this remarkable visa program.EB5 Creation: The Eb5 Immigrant Investor Visa program was created as part of the Immigration Act of 1990.This act,which was partly conceived in order to help boost the United States economy,resulted in the creation of all the United States employment based visas (EB-1 through EB-5).It was also responsible for increasing the maximum number of immigrants accepted into the United States each year,and saw the creation of the United States Diversity Immigrant Visa,also known as the Green Card Lottery.There are ten thousand of these Eb5 visas available per year,with three thousand of those being designated for EB5 investments made into government certified Regional Centers.EB5 Information & Requirements: The EB5 Visa Program is described by the governments own website as follows:The fifth employment based visa preference category,created by Congress in 1990,is available to immigrants seeking to enter the United States in order to invest in a new commercial enterprise that will benefit the US economy and create at least 10 full-time jobs. There are two ways to invest which you may use within the EB-5 category and they are:  creating a new commercial enterprise or investing in a troubled business.The creation of a new commercial enterprise can be performed in two disparate manners.First,the immigrant can seek out a pre-existing business plan - or identify one on their own - and take on the full responsibility of satisfying the job creation portion of the Eb5 Visa Program for the two year required duration.If the immigrant wishes to improve their chances of successfully remaining complaint with the visa as well as ease their personal burden,they may alternatively seek out an investment with a government certified Eb5 Regional Center.These Centers will typically have a well researched business plan in place,and will be able to assist the investor with the management of the investment,as well as in satisfying the job creation portion of the visa.Regional Center investments allow for both direct and indirect job creation,which can be a crucial advantage for investors.Potential immigrants who may be considering taking advantage of the Eb5 visa program would be well advised to seek out a Regional Center with a proven track record of success,as the help and flexibility they offer can greatly decrease their stress and workload,while increasing their chances for a successful completion of the Eb5 program.