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Misconceptions About The United States Immigrant Investor Program

Many people believe that the EB5 Investor Visa program is a quick way of acquiring their own green card for immigration. This is actually far from the reality, because gaining from this program requires more than just having the money. This article dispels some myths about the program.

The EB5 Investor Visa has grown popularity with investors and businessmen alike, due tothe increase in the number of aliens benefiting from the program. Many foreign investors have gained a green card, a form of securing permanent residency in the United States, through this program. However, the Eb-5 Green Card has drawn confusion among many prospective immigrants to the country, since they believe it is an easy way of acquiring a permanent residency card. There are even people who claim themselves to be immigration experts, and say that the Eb-5 Investor Visa is a green card for cash program when it is clearly not. If you are interested in taking advantage of the benefits offered by this Immigrant Investor Visa, you should first understand the common misconceptions on the said program. 1. You get your green card just by paying a handsome sum of money The money you will be paying is actually for the purpose of creating and providing more jobs in the United States. This is done in the hopes of increasing the American economy, especially in regions that are still underdeveloped and are facing a struggling local economy. This is an investment that will not only get you a green card, but will also help you earn more profits. Keep in mind that this program is more than simply making a donation to the American government in order to get a green card of your own. 2. Anyone who applies can be accepted, as long as they have enough money for investment One of the many requirements for the EB5 Investor Visa program is having funds that are as much as 500,000 USD to 1,000,000 USD available for investing in the United States economy. However, this is not the only condition that you need to meet in order to get approved for a green card. The US government is more careful in approving applications, since there has been an increase in the number of terrorism attacks and money laundering activities in recent years. This is one of the reasons why you need more than money to get the government’s approval. You need to have extensive proof concerning where the money was obtained, and what business you are planning on starting. As a foreign investor, it is your responsibility to demonstrate that the money you are about to invest came from legitimate sources. Expect extensive background checks, because the government wants to make sure that you are eligible to immigrate to the United States. 3. Your Green Visa will be processed in no time. The only thing you need to do is apply and pack your bags. This is actually far from reality because, although the program allows foreign investors to get their green cards faster compared to standard applications for other immigrantsScience Articles, it is still not an instant way of getting a green card. It will usually take you almost a year to get approved.

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ABOUT THE AUTHOR


Stanley Hermosillo is the author of this article for Eb5 Center. He recommends the Eb5 Center for all green card visa, Immigrant Investor Visa, and EB5 Visa Program related issues and affairs. Stanley Hermosillo is the author of this article for Eb5 Center. He recommends the Eb5 Center for all green card visa, Immigrant Investor Visa, and EB5 Visa Program related issues and affairs.



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