If being a foreigner, you wish to immigrate and make an investment in United States business, then you need EB-5 visa for that. EB-5 immigrant investor program is administered by USCIS i.e. United States Citizenship and Immigration services. EB-5 visa which is also known as Employment Based Fifth Preference visa is an immigrant visa, states that EB-5 holder is permitted a green card. This visa also allows you to bring your spouse and unmarried children who are under 21 years of age with you. USCIS has improved the transparency in EB-5 visa which has dramatically raised the number of immigrants in recent years.
If you want to apply for EB-5 visa, then you can invest in Commercial Enterprise. Entrepreneurs can apply for Permanent residence of USA if they:
Jobs which develop an employee-employer relationship.
Jobs which are held outside the enterprise, but are a result of the new commercial business.
The investor will have to prove that he or she is the owner of the money invested. The minimum amount required for investment is:
EB-5 visa application process has five main steps which are given below:
Once the investor is granted the EB-5 visa program by receiving I-829 application, the investors lawfully become the Permanent Residents of the U.S. They are also given a green card which allows them to live and work in the country permanently. They are allowed to travel with any visa and work here without any sponsorship from a U.S employer. It also grants, PR to their spouse and unmarried children.
After completing the EB-5 program, the investors get an opportunity to become the U.S citizens. But before that they must have been a PR for at least five years. The rights given to the U.S citizens are much more than that of Permanent Residents for example, they get voting rights and sponsoring family members.
EB-5 visa is a long process which approximately takes one year or even longer than that.This time could be utilized in investing. In fact the investors have to wait till the pre-launch information accepts the subscribers.