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Immigration to the USA is a topic that
is often prominently covered by the US news media. However, until recently,
immigration under the EB5 program, in which foreign nationals can invest a
minimum of $500,000 in US enterprises to earn a two-year conditional Green
Card, has not had a lot of press coverage. That is likely to change in 2013,
however, according to EB5 consultants at Exclusive Visas.
Real Estate Development Popular Among
EB5 Applicants
Many EB5 applicants choose to invest
in real estate development projects in their pursuit of immigration to the USA.
Such projects are available for investment under the EB5 Regional Center
program throughout the US. Immigrants under this program are almost always able
to find a Regional Center project in the particular US region in which they
wish to live.
US Developers Very Positive about EB5
Program
Enthusiasm for real estate development
funded in part by EB5 immigrants is high among US developers. As the economy
recovers from the downturn that started in 2008, developers are finding this
immigration program to be the perfect injection of capital into projects that
are required to produce at minimum ten full-time jobs for US residents
(exclusive of the immigrants themselves).
What EB5 Consultants Do
EB5 consultants like those with
Exclusive Visas assist immigrants under the EB5 program with every aspect of
application and immigration. Not only is the application process complex, with
critical deadlines, the investment capital must be proven to have been acquired
lawfully, and it must be placed in escrow while the applicant is processed by
United States Citizenship and Immigration Services (USCIS). Working with EB5
consultant firms with experienced immigration lawyers is a major advantage to
EB5 applicants.
The Future of EB5 Immigration
Immigration to USA under the EB5
program is becoming increasingly popular. Never before have the numbers come
close to the annual allotment of 10,000 visas, but experts on the program
expect the 10,000 limit to be reached in 2013 or 2014. This program benefits immigrants themselves as well as the US economy, and is expected to continue to
draw more applicants with each year.
The EB5 immigration program allows
foreign nationals to invest a minimum of $500,000 in U.S. business ventures to
receive a two-year conditional Green Card. Today, most of these immigrants come
from China, with large numbers also applying from South Korea and Vietnam.
However, countries from Central and South America, and from the Middle East are
responsible for increasing numbers of EB5 applicants. The EB5 consultants that work at Exclusive Visas work with investors from around the world, helping
them achieve their own "American Dream."
Increasing Numbers Applying from
Middle East
Residents of the United Arab Emirates,
as well as expatriates from Jordan, Egypt, Syria, and Lebanon are applying to
the EB5 program in increasing numbers. One reason for the increase is the
closing of some immigration categories in Canada. It is believed that when
Canada opens these categories again, the process will be more expensive. In
2012, the U.S. exempted Iranians who want to immigrate under EB5 from Iranian
sanctions, potentially boosting numbers from Iran.
Hotel Projects Particularly Popular
Among EB5 Investors
Hotel projects throughout the U.S. are
increasingly taking advantage of the EB5 program to raise capital, and the
consensus on this mode of financing has so far been very positive. California,
Florida, and Vermont have been sites of major tourist and hotel projects with
significant financing coming from EB5 investors.
EB5 Regional Centers Offer Wide Range
of Projects for Investment
Designated Regional Centers throughout
the U.S. offer investment opportunities for EB5 immigrants in almost every
business sector, from high-tech to food services, and everything in between.
Immigrants under the EB5 program can almost always find a Regional Center that
meets their interests or that is located in an area where immigrants want to
relocate.
Immigration Lawyers Assist with EB5
Process and Regional Center Due Diligence
The immigration lawyers with
Exclusive Visas play a major role in helping EB5 applicants throughout the
immigration process. Paperwork under this program is extensive and can be
complex, and deadlines must be met, while investment capital must be approved
and placed in escrow. Working with an immigration lawyer is highly recommended
to those interested in EB5 immigration.