Did you know that the United States offers green card if a person is investing $1 million in a business in U.S.? If no, then now it’s the right opportunity for ambitious investors who want to set up their business in U.S. and obtain green card.Under EB-5 immigrant visa, one not just obtains green card for themselves, but for their spouse and children, as well. This visa was created by Congress in 1990 in an effort to increase the U.S. economy via creating jobs and capital investment that would be invested by the alien investors.
According to studies, this has been proved that such investing program was introduced because dollar had lost it value and real estate prices were depressed.
If you think of investing in U.S. then have a look at the following information regarding EB-5 immigration investor program that would be very well explained to you by your immigration lawyer in Miami:Basic information regarding capital investment:
Under this program, foreign investor would be able to obtain lawful permanent residency in the United States by investing capital amount of $500,000 or $1 million. However, at least $500,000 amount is needed to be invested for a project. And the project should be started in a rural area which has high unemployment rate.
The capital investment would include the cash, inventory, equipment, tangible property, assets, cash equivalents etc. Beside this mode by which money is invested by the investor is also a crucial factor to be looked in. For example, if invested money is given by the form of loan which is made by the personal residence of alien, then it would be considered as capital investment; and vice-versa, if in case, it’s not made this way, it won’t be considered as capital investment for EB-5 purpose.
Politically, creation of jobs via EB-5 visa is the best option. This is because it’s the requirement of this visa to provide jobs for at least 10 U.S. workers. If not done so then one might put their visa approval on risk. However, it’s not necessary to right away give jobs, as investor would be submitting their business documents but it’s important to do so within two years.New commercial enterprise:
There are basic two requirements for commercial enterprise:
- It must be new project
- It should be a commercial venture
- It should not be solely for proprietorship, partnership, joint venture, corporation, holding company, a business trust or other entity, which is either publicly or privately owned.
Managing the new commercial enterprise:
Task or duty of alien investor is not just to invest or be merely an owner, instead needs to be regularly engaged in a new commercial enterprise. They either need to engage via managerial control of business or via managing being higher authority like CEO.
If, you are thinking to invest in a new commercial enterprise in the United States and alongside want to obtain green card, its right time to contact immigration lawyer in Miami.