Now is the Best Time to Apply for the EB-5 Investor Visa Program
If you are a citizen of another country thinking about investing in US development, now is the perfect time. With changes coming soon to the EB-5 investor visa process, acting now can provide some of the best opportunities.
The big changes come November 21, 2019, and the most significant change is an increase in the minimum investment amount, nearly doubling these minimums. Right now, if you invest in a Targeted Employment Area (TEA), your minimum investment is $500,000. That gets you into the EB-5 program with all its benefits, including:
- Green cards for you and your family (spouse and children under 21)
- Residency in the US
- The ability to live and work anywhere in the US (you don’t have to live near your investment property)
- Educational opportunities with resident-level US college and university tuition
- No travel restrictions between your home country and the US
- The option to become a US citizen after 5 years
- The opportunity to diversify your investment portfolio with US-based businesses
After November 21, the minimum investment in a TEA will increase to $900,000, and the minimum to invest in other areas will increase from $1 million to $1.8 million.
Working with an approved Regional Center like American Life, Incorporated, is the easiest way to get started on your EB-5 investment. The process begins by choosing a project, sending your required investment funds, then applying for your temporary green card with the United States Customs and Immigration Service (USCIS). After approval and a consulate interview, you, your spouse, and your children under 21 can enter the US and establish residency.
You are not required to be involved in the day-to-day operations of the business in which you invest. Instead, you will be classified as a limited partner, with a general partner handling the business operations. Your investment helps benefit the US economy by adding ten full-time jobs for US workers.
After specified periods, you’ll be eligible to apply for permanent residency and, if you choose, to apply for US citizenship. As a green card holder, you have almost all rights that US citizens have, except that you will not be able to vote unless and until you become a US citizen.
With new requirements beginning November 21, 2019, now is the time to invest in the EB-5 visa program. To get started, contact our professionals at American Life, Incorporated today. We can help you choose the best investment opportunity for your portfolio and are happy to answer all your questions about the EB-5 program. 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.