Planning to move to the US is like a life-changing moment that no individual wants to miss, and in 2024, most people are seeking opportunities for global immigration. Here, for the one who wishes to get an Immigration Visa to the US, Visa Connect is introducing a groundbreaking procedure; continue reading. The US Golden Visa, also known as the US EB-5 Visa Program, allows investors eligible to invest in US job-making businesses to get a green card.

Top Considerations To Get US EB-5 Investor Visa In 2024

So, the question arises: how can you get it? What procedure should you follow? Worry not; Visa Connect is here to assist with all your queries. In this article, we will cover everything you need to know about the US EB-5 Visa Program. Let’s start on this journey!

The first thing we will cover is:

EB-5 Visa Requirements: Eligibility Criteria

Here is a list of the things that are required to be eligible for the US EB-5 Visa Program:

• The EB-5 investment visa is open to all nationalities over 18, as long as they have no criminal history and sufficient income.
• There isn't any specific nation that is exempted from US immigration laws.
• Additionally, when processing immigration documents, the USCIS has total discretion.
• For citizens of specific nations under US sanctions, it might affect how long EB-5 applications take to process.
• Co-investors in the EB-5 Program may include spouses and single children under the age of 21.
• During the 2-year conditional residency period, the investor on an EB-5 visa must fulfill physical presence requirements and cannot stay abroad for more than a year.

EB-5 Visa Requirements: Documents

Apart from standard personal and financial documents, the necessary paperwork includes medical reports, immunization records, certified police clearance certificates, and any court records the candidate may possess. 

The required documentation for the US EB-5 Visa should include the following: 

• Evidence that the participant followed the authorized regional center business plan and invested in a selected regional center. 
• Evidence proving the company was founded in a designated job area, if any.
• Proof demonstrates the creation of a minimum of 10 full-time jobs, directly or indirectly, by investors' investment in the regional center. 
• Evidence of Entrepreneurship.
• Any business licenses in copy form. 
• Tax returns for individuals and businesses from the previous seven years. 
• Bank records for the previous seven years. 
• Evidence of alternative funding sources.
• Each business's financial statements.
• Evidence indicating the investment funds were obtained from authorized sources. 

EB-5 Visa Requirements: Minimum Investments

To satisfy the requirements for an EB-5 visa, you have a choice between two investment options:

• $1,050,000 into a non-targeted employment area project;
• $800,000 into a target employment area project in a remote or high unemployment area.

After the successful candidates receive a conditional Green Card, the funds must remain invested for five to seven years.

The primary sources of EB-5 finance may include equity in a person's house and business, real estate sales, profit sharing, income accumulation, salaries, and bonuses.

If you join the family, no more donations are needed. For both single investors and families applying, the immigration stamp duty and administrative costs are the same.

Benefits of the EB-5 Investor Visa to the US

The US EB-5 investor visa offers the following main advantages:

• A green card that enables investors to live, work, and study in the United States is the outcome of the Immigrant Investor Program (EB-5) for individuals.
• Successful investors who satisfy all the US EB-5 Visa requirements can easily pursue US citizenship.
• Permanent residency is a quick and easy way to obtain a Green Card.
• ability to include a partner and children under 21 who are not married;
• No experience or linguistic proficiency requirements;
• After living with a Green Card for five years, citizenship is achievable.
  
  

Ways To Obtain An EB-5 Investor Visa To The US

Let’s now discuss the essential steps to acquire an EB-5 Investor Visa to the US:

• Perform in-depth research: Collect details regarding project developers, Regional Centers, investment alternatives, and the EB5 program.

• Pick a project to invest in: Pick a project that fits your risk tolerance and investing ambitions.

• File a petition under I-526: Submit the Entrepreneur's Petition Form I-526 to the United States Citizenship and Immigration Services (USCIS). Verify the viability of your proposed employment generation strategies. The National Visa Center will handle processing and decision-making regarding the petition's approval or denial.

• After approval of Form I-526, two options are available: If you currently have a lawful nonimmigrant status in the United States, you must file an Application for Adjustment of Status (Form I-485, Permanent Residence Officially apply to register or adjust status). If you are abroad, use Form DS-260, Application for Immigrant Visa and Alien Registration, to apply for an EB5 visa at a consulate or embassy.

• EB5 Visa Interview: You must attend an interview for the EB5 visa. It is a thorough evaluation of your eligibility for the program, emphasizing your project, the employment your investment generates, and your general compliance with program guidelines.

• Removal of Conditions: To prove that you have fulfilled the program's criteria, submit an I-829 petition after two years. 

• Green Card: You will be granted a permanent Green Card upon approval.

Conclusion

In 2024, obtaining a US EB-5 Visa requires a thorough application process with particular eligibility requirements, paperwork needs, and investment alternatives. Visa Connect assists people at every stage, making obtaining a Green Card easy. The program is a desirable choice for investors looking to start over in the US because of its advantages, which include permanent residency, family member inclusion, and a possible route to US citizenship.