If you’re an investor or an entrepreneur who wants to immigrate to the U.S., an EB-5 visa may be the ideal option. It has specific requirements that you must fulfill, such as investing a certain amount of money and creating at least ten jobs for U.S. workers, among others.
This type of visa can benefit you in numerous ways. If you’re eligible for the EB-5 visa, here are the advantages.
Lawful U.S. Status
According to EB5 Global Ventures, one of the goals for foreign investors applying for an EB-5 is obtaining lawful status in the U.S. This visa provides a legal path to living, working, and studying in America, and can be used to help your spouse and children to immigrate with you.
Quicker Way to Gain Permanent Residence and Citizenship
Those who come to America on other visas tend to have a longer road ahead to permanent residency. The EB-5 visa can make it a quicker process since the initial conditions of it are eligible for removal after two years. It can also make you eligible for U.S. citizenship in as little as five years after receiving your permanent resident status.
No Need for Sponsorship
While other immigrant visas require sponsorship, under the EB-5 visa, you are acting as your own sponsor. You won’t need a group to help you or an American to help vouch for you, just the ability to invest in an American business.
Achieve Monetary Return on Your Investment
Some investments may only help you gain lawful entry into the U.S. as an immigrant. However, if you make the right investment, you can generate large profits and more income, fueling your American dream.
Live and Work Anywhere in the U.S.
While some EB-5 visa holders will not have this option, the vast majority will be able to live and work wherever they please in the U.S. With other types of visas, there are stricter requirements. Those requirements must be followed or else status will be revoked.
Benefits for Your Children
If you are considering investing in a business in the U.S., the EB-5 visa will give you greater opportunities for your children. With your investment, your children will be permitted to enroll in school and get the same quality education as U.S. citizens.
Access is not limited to public schools, as you can choose private schools. College, graduate school, medical school, and law school, are other benefits to your children when you have an EB-5 visa.
Once they have completed their education, they will be able to access the same types of professional opportunities as any other American.
What Is the Best Way to Apply for an EB-5 Visa?
Investors and entrepreneurs are strongly encouraged to work with an immigration attorney who is familiar with the EB-5 visa. It is not required, but it will ensure you have someone to help you file the paperwork properly and present your documentation in a timely fashion as you work on your legal immigration.
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