There are several visas for foreign investors who want to establish a business in the United States. Depending on the country of origin (the foreign national or the firm applying must be a Treaty Trader qualifying country), the available capital to be invested and the type of business, the Visa EB-5 Immigrant Investor, varies.
USCIS administers the EB-5 Immigrant Investor Program created by Congress in 19 60+ for entrepreneurs investing in any lawful for-profit new commercial enterprise established after November 20, 19 60+ . The investor can also purchase an existing business, that is restructured or reorganized that the result is a new commercial enterprise or expand an existing business increasing its net worth by 40{ 60+ 1159a6a7429584a806995ad39558e169cc2325aba4a356f39b55aa785c6703}.
One of the requirements for the EB-5 visa is that the minimum qualifying investment in the U.S. is $1 million. Another requirement is that this commercial enterprise must create and preserve at least 10 full-time jobs for qualifying U.S. workers within a two year time period. During this two year period the immigrant investor is admitted to this country as a Conditional Permanent Resident.
If the area where the business is to be established is considered a high unemployment or rural area in the United States, then the minimum qualifying investment is $500,000. A rural area is outside a metropolitan area where the population is 20,000 or more.
The purpose of the EB-5 and other investor visas is to give foreign nationals investment opportunities in the United States, at the same time producing employment to U.S. nationals and permanent residents.
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Always consult with an experienced immigration attorney who is a law graduate and certified in the United States of America by the Board of Immigration Appeals Federal Department of Justice. Consult with The State Bar of Texas.
When you consult with an immigration attorney it is important that you are able to speak with an actual attorney. No one besides an attorney is able to give you legal advice, even an attorney’s assistant cannot give you legal advice, you must speak with an actual licensed attorney. You must also be able to understand the attorney. The attorney must either speak a language you understand or have a competent interpreter that will allow you to understand what the attorney is saying. If you cannot communicate with the attorney they will not be able to provide you safe advice. Never hire an attorney that you have not spoken with.
Speaking with an experienced and skilled immigration attorney is the first step when dealing with any immigration issue. An experienced attorney authorized to practice immigration law in Dallas, throughout Texas, and in all fifty states can assure that your case moves forward as quickly as possible and is handled correctly.
This Post is informative and is not a legal consulting.
