EB-5 Investor Visa Program: Benefits Overview
So many of our EB-5 visa investors benefit each year from the important features of the program, and in return, the US economy benefits get a boost from all the new jobs created. The new year brings new opportunities to enhance our portfolios with profit opportunities in the EB-5 investor visa program. The benefits to the investor and his or her family are significant, so today we’ll talk about each of these benefits in depth.
Green cards. Upon approval, investors who participate in the EB-5 program receive green cards, which are official documents granting legal resident status to the holder. The investor, his or her spouse, and their children under age 21 all receive green cards through the program, subject to requirements such as security clearance and interview with the US consulate in their home country. Initially, approved participants in the program receive conditional green cards that grant legal residency for two years, and they must enter the US within 180 days of receiving the green card. Prior to the expiration of those conditional green cards, participants petition to receive permanent green cards. Finally, participants are eventually eligible to apply for US citizenship five years after receiving their permanent green card, or they can choose to remain legal residents without applying for citizenship.
Working in the US. Green card holders are eligible to work anywhere in the US, and they are also eligible to apply for professional licenses or certificates that might be required for their profession.
Living in the US. A green card is a legal residency card that allows holders to live anywhere in the US. When EB-5 investors use an approved Regional Center like American Life, Incorporated, they are not required to be involved in the day-to-day operations of the business in which they invested; therefore, they are not required to reside near that business and can live anywhere in the US.
Travel. Green card holders are free to enter and exit the US to travel abroad and are not denied entry upon return. However, EB-5 investors and their families should consult an expert if they plan to be outside the US for extended periods (over six months), because some paperwork may need to be filed in advance of leaving the US, depending on the circumstances.
Legal rights. Green card holders are protected with all the legal rights of US citizens, with the exception of voting rights (only US citizens can vote in US elections).
Education. EB-5 investors and their families are eligible to attend colleges and universities within the US. If attending an educational institution within their state of residency, green card holders are eligible for in-state tuition, which is significantly less expensive than out-of-state or foreign tuition fees.
EB-5 visa program investors and their families receive a variety of valuable benefits when they participate in the program. To find out more about the EB-5 program, contact American Life, Incorporated today, the longest-running EB-5 Regional Center. Our investment professionals will explain the program’s requirements and help you choose the best investment opportunity for the portfolio. We’re happy to answer any of your questions. Contact us online, call us at 206-381-1690, or visit US office at 2710 S. Hanford Street, Suite 100, in Seattle, Washington or any of our international offices in Shanghai, Tokyo, or London.