The EB-5 immigrant investor program was created in 1990 by Congress to encourage foreign investment and job creation in the United States. To qualify for the program, you need to invest at least $1 million in a new business and create at least 10 jobs in a targeted employment area. Such areas are typically rural or have a high unemployment rate. Unlike other types of immigration, EB-5 investment visas are temporary and can be extended if you are able to create a job for an American worker.
An EB-5 investor must take a prominent role in the day-to-day activities of the business. You must be actively involved in the management of the enterprise. You must be responsible for its policy formulation. You will also need to be involved in hiring employees and evaluating their performance. In addition to the main investor, you can bring your dependent children under 21 years of age. EB-5 visa holders can also bring their spouses and children, providing you have a plan for a family to remain together.
Fortunately, the quebec immigrant investor program is a relatively straightforward process. You will need to pay a fee to the company managing the EB-5 investment and complete the required forms. The application is free and easy to complete, and you’ll be able to enter the country with a green card in no time. If you decide to apply for the program, you’ll be required to work for the company for a period of five years.
The EB-5 immigrant investor visa offers a lucrative immigration option for those who wish to invest in real estate. However, you need to invest at least $500,000 in the Targeted Employment Area to qualify for an EB-5 immigrant visa. The minimum investment was previously set at $500,000 but was increased by the Obama administration. This investment is usually in big-city real estate. While the USCIS does not require you to create 10 jobs, you can still benefit from the program.
There are many requirements for EB-5 visa applicants. You must be able to show good faith compliance. If you’re investing in real estate, you’ll need to invest at least $900,000 in TEA. You’ll need to have a total investment of $1.8 million to qualify. If you’re planning on working in the U.S., you’ll have to create a minimum of 10 permanent full-time jobs to qualify.
The EB-5 program is a popular immigration option, but it’s also a controversial one. It has been criticised by the government for being too liberal with immigration rules. Nevertheless, it’s a good way to get a permanent residency visa in the United States. In fact, a majority of U.S. investors have chosen it over other immigration options. Moreover, it allows you to access American healthcare, public schools, and a host of other benefits.