Many investors considering an EB-5 immigrant investor visa have questions about the full extent of the program’s benefits. This is because the privileges and benefits of an EB-5 visa are vast and go beyond the visa itself.
The EB-5 Immigrant Investor Program was created in 1990. It provides a wonderful opportunity for foreign investors to immigrate to the United States under an accelerated timetable in exchange for an investment in the U.S.
The EB-5 visa program is a win-win situation for the U.S. economy and foreign investors. In 2012, EB-5 investments contributed $3.4 billion to U.S. gross domestic product and supported over 42,000 jobs. Meanwhile, the program offers investors and their families the life-changing opportunities of living and working in the United States.
Immigrant investors, their spouses and their children will be eligible to immigrate to the United States. Each family member will receive a two-year “Conditional Green Card,” and following the conditional period, the investor and family members will become eligible for a green card. As a green card holder, you will have all the rights and privileges granted to citizens (with the exception of voting) and will be eligible to become U.S. citizens within 5 years. Some of the specific benefits of choosing an EB-5 visa are discussed below.
Access World Class Educational Institutions
If you wish to educate your children in the United States, there is a great cost savings advantage if your children have U.S. citizenship status. As a U.S. citizen, your children will be able to take advantage of in-state tuition rates, grants and scholarships offered only to U.S. citizens.
Take Advantage of Employment Opportunities in the U.S.
When you obtain an EB-5 immigrant investor visa, you become a resident of one of the richest countries in the world. You and your family will be authorized to work at any company in USA, in any job function. There will be no time restrictions on your employment and you will have no need for a sponsor. Furthermore, you and your family will be eligible to apply for professional licenses and apply for employment opportunities requiring security clearance.
You Will Not Need to Rely on a Sponsor
As mentioned above, the EB-5 category has no sponsorship requirement. The EB-5 visa essentially offers a great immigration solution for those who have the financial resources to qualify. It does not require an employment offer from a U.S. employer as other employment-based immigration categories do, nor does it require a labor certificate.
Follow a Direct Route to Citizenship
As opposed to non-immigrant visa options, such as the L-1 and E-2, the EB-5 has the great benefit of being a direct application for a Green Card. When you enter the U.S. through the EB-5 program you will have a conditional green card and a direct path to permanent residence. This reduces potential issues that may arise by applying for a non-immigrant visa and then applying for a green card at a later time.
Live Anywhere in the U.S.
If you decide to invest in an approved regional investment center, there will be no requirement that you or your family reside in any particular area of the country. In fact, when you enter the U.S. you will be allowed to invest in other projects which interest you and live in any U.S. city or region you desire. Furthermore, as a U.S. citizen, you will have the freedom to enter and exit the United States without the risk of being denied entry.
Participation in the EB-5 visa program is a wonderful process and Jatoi & de Kirby, APC can advise you and your family of the many benefits of an EB-5 visa. Call our San Francisco immigration attorneys today, at 415-221-2345, to schedule an appointment.