Not a US Citizen but Want to Invest in the US?
If you are considering making a substantial investment in the United States and are not a citizen, the EB-5 immigrant investor program offers you the potential for permanent residency. The program was established by Congress in 1990. The driving force behind the program was to boost the US economy by bringing in substantial resources from foreign investors. It involves a large amount of capital, ranging from $500,000 to $1,000,000. The program enables investors, their spouses, and any children who are not married to become eligible for a green card in the United States. A green card is the equivalent of permanent residency. Requirements to be considered for the program include making an investment in a business within the United States that fits the required amount of capital and making sure jobs are in place for at least ten citizens from the United States. If you are interested in this program, you should consider legal representation from a law firm that specializes in EB-5 regulations.
Be Sure to Have All the Facts
The EB-5 immigrant investor program was supposed to expire in December of 2015, but was extended by Congress until September of 2016. This opens the door for interested investors who not only want to build a business venture in the United States, but also want residency. The US government has made a proposal to increase the amount of the necessary investment of capital and may extend to $1.2 million dollars. Before you make any decisions concerning your future and devoting such a large amount of resources to a business venture in America, you should learn about all of your options. A law firm that knows all of the ins and outs of the EB-5 immigrant investor program can benefit you.
Make the Decision that is in Your Best Interest
If you move forward with the EB-5 immigrant investor program, you are making a commitment. You must personally oversee your business. How much you are required to invest will depend on whether you choose a rural area or a location that is considered promising for economic development. For the most part, you will be expected to create a new business, although it is possible to acquire a business that is already in place. You will need to ensure that at least ten jobs are created or maintained when you make your investment. It's a big decision that you do not want to take without considering all of your options. Click here to learn more information about the program and your alternatives.
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