Business & Finance Outsourcing

How To Get Eb-5 Visa?

If you have just walked into an immigration consultants office or have surfed to their site which led you to the ambitious US scheme of offering green card in lieu of the investments and business establishment activities in that country, you would be definitely be more curious about How To Get EB-5 Visa? This scheme is a credible and most reckoned route of gaining entry into the United States. The authorities have been promoting this scheme as one of the priority programs to help the limping economy back on its feet.

The scheme though was initiated in 1990 but due to many constraints and procedural bottlenecks it received an overall lukewarm response for almost a decade. In 1993 a more flexible component and concept called Regional center RC was added up to its folds for a period of 5 years. The RC project eventually closed up in 1998-99 after not being received with very great enthusiasm across the globe. The probable reasons cited for this failure were high stipulations for investments and other sterner pre-conditions.

With the slow down of US economy becoming more prominent the authorities were looking for a vehicle that could bring back the domestic economy back on track. Unemployment was mounting and money circulation was suffering major set backs due to lack of liquidity in the markets. At that juncture in 2002 employment based schedule 5 entry arrangement scheme was rejuvenated and re-equipped with leaner and more improvised regional focus unit RC concept. The new enactment came in with a lighter investment stipulation and relaxed and more liberal procedural specifications.

Currently To Get EB-5 Visa you can infuse funds in 2 ways i.e.

As originally planned scheme of 1990 that stipulates investment of $1000000. This scheme offers flexibility to the business owners to establish a legal and commercially viable concern any where in the country. The suggested business establishment plan must substantiate potential of project in creating a minimum of 10 regular employment openings for US citizens and permanent residents (excluding own family members)

As per the new additions which require an investor or a business owner to infuse a minimum of $500000 into designated venues. Here also meeting other procedural requirements is also mandatory i.e. creation of a minimum of 10 regular employment openings for US citizens or permanent residents) Venues of investment include regions and projects in

oPrioritized employment regions TEA. These areas are primarily rural regions or territories that are faring badly in terms of creation of employment opportunities and have higher rates of prevalent unemployment. These areas are usually either having completely rural backdrop or are demarked territories that lie beyond the municipal limits of towns and cities with 20000 or more inhabitants

oOther safer although volatile option is the regional unit concept RC. These are independently managed projects that may have private or governmental participation. RCs are recognized and authorized by the senate and have legal status. Currently, there are over 160 functional regional units in various regions of the country.

One of the fundamental requirements of process leading to approval of I-526 request and Getting EB-5 Visa green card is that intended investment must be routed into a commercially viable business that is being done and carried on with intention of earning profits. It is also essential here that intended infusion of funds must be at risk from the market forces.


Leave a reply