Permanent Residency through Investment Program
Investment immigration is where an individual can invest a set amount of money into the country they wish to reside in thus allowing them to qualify for permanent residency. The investment can be placed into a struggling existing business or in a new business startup, but in both situations, the investment must be for the benefit of the country’s economy.
The US is a popular jurisdiction for investment immigration as the country is widely respected due to its high standard of living, strong financial framework and legal infrastructure. Education and health care is good in the US and the employment opportunities are endless. A US passport is also internationally recognized and so obtaining US citizenship is competitively sought.
The EB-5 category was created in 1990 by the US Congress to encourage foreign investors to invest in the US economy through the establishment of a commercial enterprise. The visa will be valid for 2 years.
Foreign investors are eligible for the EB-5 visa provided they satisfy the relevant following criteria:
Investment options available to obtain an EB-5 Visa
It should be noted that it is also possible for the individual to invest in what is known as a ‘regional centre’. This is a region which is designated by the INS for the purpose of immigration investment, this regional centre can benefit from indirect employment as opposed to the investor having to hire ten new employees directly.
Benefits of the EB-5 Visa
The investment immigration visa process is governed by the Immigration and Nationality Act, statute 203 and provides in detail the specific requirements to satisfy to obtain permanent residency in the US.