Some Important Facts on US EB-5 Immigration Visa Program that You Must Know
Immigration is the term used by an individual who relocates to a new country. The purpose can be any and it can be a permanent immigration or temporary one. An individual who shifts from his/her country to another country is often labeled as an immigrant.
There are different programs on the basis of which one can apply for a visa to the US. One of them is EB-5 investment program which offers the US Green Card to the qualified candidates. This program was created under the Immigration Act of 1990. It’s an easy way to get green card of US by investing a specific amount of money.
The other conditions include that the investment must create at least ten full-time jobs in the country. Secondly, the investment should be in the undeveloped areas of the country.
One of the major advantages of this type of investment is that under this program applicant obtains a Permanent Residency of US along with his/her partner and kids (aged below 21 years).
Apart from the DECA, 2017 proves to be an excellent year for the investors in the US. It offers a lot of opportunities for the companies to develop into US businesses. The best thing about the EB 5 visa program is that people from any profession can get the benefit.
For example- professionals, businesspersons, individuals want to assist their kids’ education in US, and people who wish to have a better living standard.
Each year, the government of US grants more than ten thousand visas under this specific business immigration program. In 2017, under the EB 5 program, investors submitted applications with the investment amount of $500,000 USD for projects that are established in Targeted Employment Areas (TEA).
This is a real relief for the investors who may have failed earlier. Because the actual capital to invest in the country to start your own business is $1,000,000.
However, there are many nations, where the citizens are not allowed to apply for EB 5 visa. North Korea is one of them.
But, if the applicants have the required money and want to invest then a legal adviser can help like, Michael Wildes, one of the well-known immigration lawyers in US.
You may check the reviews of his clients at Michael Wildes Reviews. This platform provides you an overview of the present and past experiences of Mr. Wildes’ clients and helps you in making a decision.
