The EB-5 program was enacted by Congress in 1990 to stimulate the US economy and create jobs. Participants in the program use their foreign capital to invest in new commercial enterprises and create at least ten full-time, permanent jobs in the US.
The advantage to investors is the single visa application that provides green cards to the investor, spouse, and children under 21; access to a US college education; a pathway to permanent citizenship after five years in the program; and many other benefits.
Investors can live anywhere in the US, regardless of the location of their investment. No sponsors are required for the visa, and there is no restriction on travel to and from the investor’s home country. Unlike other programs, there is no minimum education level or extraordinary talent requirement.
The program requires investment in a new commercial enterprise, which allows a broad range of entities including partnerships, corporations, sole proprietorships, and others. A new business is defined as one that was established after 1990. However, if the business was in place before 1990, it also qualifies if the investor has completely restructured the organization or if investment results in a specified increase in net worth for the business.
EB-5 investors are free to do just that: invest in businesses without managing that organization’s day-to-day business activities. The minimum investment to qualify is $1 million, or $500,000 if the investment brings jobs to rural areas or those with have high unemployment rates.
For more information about the program or any of our investment services, contact American Life, Inc. today. Our team of experts is committed to creating positive investment outcomes for our clients and oversees the entire real estate process, including site acquisition, construction, and operations management. Contact us at 206-381-1690 in the US at our office at 2710 S. Hanford Street, Suite 100, in Seattle, Washington or at any of our international offices in Shanghai, Tokyo, or London.