How to Invest Into Real Estate Project And Get EB-5 Visa?
Real Estate Commercial Enterprise.
Created by Congress in 1990, the EB-5 Visas as part of Investment Immigration Program were created in order to create new jobs in the U.S. by investing a substantial amount of capital from foreign nationals.
Statistical research made by Department of Homeland Security shows that this program is growing from year to year and annual allowance for last year (2013) reached the level of 10,000 visas.
To qualify for EB-5 Visas, you should meet the following criteria:
- Create full-time employment for at least 10 qualified U.S. employees
- Make a significant investment of $1,000,000 or at least $500,000 if the enterprise is located in a Targeted Employment Area.
- Involvement in day-to-day management or in policy-making
- Benefit the U.S. economy by providing goods or services to the U.S. markets
Study made by the USCIS (U.S. Citizenship and Immigration Services) in 2010 shows that most interesting industry for EB-5 applicants is the real estate segment. Foreign investor have two options how to invest into real estate project in order to obtain EB-5 Visa. Direct investment is the most obvious way how to invest. However, investment in “regional center” is now far more popular option.
The regional center project should be in the area with the high unemployment rate and work as private business with designation to accept funds from foreign investors for projects must have positive impact for the local industries. Regional center may establish a fund which make loans for investors projects.
Considering that the USCIS’s guidance on EB-5 is ever-changing, it is important for foreign investors make a substantial research about selected regional center and check all necessary project clearances.
Each of the mentioned options is specific, so contact immigrationbiz.com and let us help you to find which one fits you the best.
Did you like this article?
Sign up to our newsletter and share it with your friends!