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4 Compelling Reasons to Apply For EB-5 Visas

The EB-5 visa program offers many benefits. The economic growth potential, the opportunity to create jobs, and the stability of the U.S. government are just a few. In addition, you can get a green card, which can be a lifetime goal.

Economic Growth

EB-5 visas are designed to allow people to invest in a commercial enterprise that will lead to economic growth. The government has set aside a certain number of visas each year to allow these investors to come to the United States. To participate in this program, investors must invest in a commercial enterprise that the USCIS has approved based on a business plan and its potential for economic growth.

The EB-5 visa program offers green cards to investors in the United States. The goal of the program is to spur economic growth in communities where there is a lack of capital. Although the program is still relatively new, it has already attracted investors worldwide. There are several benefits to this program for both investors and American citizens.

Opportunity To Create Jobs

An important requirement of the EB-5 visa program is the creation of jobs in the U.S. There are two ways to meet the requirement for a direct job: through direct hire and job-sharing. Direct-hire jobs are jobs in a business where a foreign entrepreneur has invested EB-5 capital. A direct-hire job must be full-time, providing at least 35 hours per week. The other option is a job-sharing position where two qualified employees work in the same full-time position. To qualify for an EB-5 visa, an investor must invest at least $500,000 in a Targeted Employment Area (TEA). A TEA is an area that has 150 percent or more unemployment, as determined by the U.S. Department of Labor. 

Stability Of The U.S. Government

An EB-5 visa program is a prevalent option for foreign investors. It is currently attracting Chinese, Indian, and Vietnamese investors. But the program is also expanding its reach to Africa. EB-5 visa petitions from Africa have increased rapidly in the past three years. In particular, Nigeria is leading the way, followed by Egypt and South Africa. EB-5 visa investors should consider the new requirements of the program. The minimum investment amount has been increased. It is USD 1 million for TEA projects and USD 800,000 for non-TEA projects. The program is now also subject to mandatory USCIS auditing. It also features age-out protections for dependent children and priority processing.

Benefits For Dependents

The EB-5 visa program is a good choice for families with children. It is a great way to bring children from other countries to the United States and allow them to benefit from the American education system. Depending on their age, they may be able to attend college or university at a lower cost than what they would pay in their own country. It also makes them eligible for childcare services and adoption assistance. In addition, they can get coverage for their children under the Children’s Health Insurance Program. This is an excellent option for children who aren’t covered by Medicaid or private health insurance. Besides helping children in the United States, the EB-5 visa program gives investors and their families a cheap path to quality education. Children of investors can go to public high schools for free. Their education is just as good as their American peers.