EB-5 changes apply from Nov 21, 2019
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USA Golden Visa
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United States has a couple of options for Business Investor Visas. Here’s what Easy Citizenship Today can guide you with for a successful investment and immigration.
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Investment visa USA Today
USCIS has announced several changes to the EB-5 Immigrant Investor Program will go into effect on Nov. 21, 2019.
The current minimum ceiling of USD 500,000 will remain until Nov 20, 2019 with last minute rush.
Here is a quick summary of changes made to EB-5 program
- Providing priority date retention to certain EB-5 investors;
- Increasing the required minimum investment amounts to account for inflation;
- Reforming certain targeted employment area (TEA) designations;
- Clarifying USCIS procedures for the removal of conditions on permanent residence; and
- Making other technical and conforming revisions.
USA EB-5 investor visa Today
The EB5 visa gives permanent residency to those investing $900,000 or $1.8M cost in a new business that creates 10 full-time jobs for Americans across the United States of America. The investor visa can be beneficial as it grants access to the Permanent Residency of the United States for not just the applicant but for the immediate family as well. An immediate family would mean the applicant and applicant’s spouse and unmarried children below the age of 21 years.
E-2 investor visa USA Guide
For many, an effective alternative to the USA EB5 Investment Visa can be the E-2 visa. E-2 is a Non-Immigrant Visa that allows the investors from treaty countries to work in the United States through their investment in a USA enterprise. The E2 investment must be substantial but it is far less than whats required in the EB5 category.
The E-2 Visa can only be obtained by the citizens of the countries holding an E-2 treaty with the United States. There are many countries that qualify for the E-2 treaty. Having citizenship by birth or through the Investment in these countries entitles the holder to apply for a USA E-2 Visa. The route to residency can be much faster and cheaper than EB-5 investor visa. The key difference with the E-2 is that it is a non-immigrant visa, it can not lead to a Green Card like EB-5 Investor Visa does.
Green card by investment Assistance
The EB-5 Visa is a Green card through investment. Investors are given a temporary green card after two years. 10,000 applications are available per year. 5,000 of these is reserved for investments through the regional centers. Success rate for the EB-5 is quite high and generally depends on the investment type, personal situation, legal representation and regional center. The E2 Visa offers residency through substantial investment in a business. It is not a direct path to USA Green card.
US Citizenship by investment Consultant
EB-5 and E2 are not a citizenship by investment program, However; after getting a Green Card via the EB-5 visa route, investors can apply for USA citizenship after five years of Permanent Residency. This process is known as Naturalization.
2. Targeted employment area (TEA) designations
- We will now directly review and determine the designation of high-unemployment TEAs; we will no longer defer to TEA designations made by state and local governments.
- Specially designated high-unemployment TEAs will now consist of a combination of census tracts that include the tract or contiguous tracts in which the new commercial enterprise is principally doing business, including any or all directly adjacent tracts.
- Provided they have experienced an average unemployment rate of at least 150% of the national average unemployment rate, TEAs may now include cities and towns with a population of 20,000 or more outside of metropolitan statistical areas.
- These changes will help direct investment to areas most in need and increase the consistency of how high-unemployment areas are defined in the program.
3. Removal of conditions on permanent residence
- This rule:
- Specifies when derivative family members (for example, a spouse and children whose immigration status comes from the status of a primary benefit petitioner) who are lawful permanent residents must independently file to remove conditions on their permanent residence;
- Includes flexibility in interview locations; and
- Updates the regulations to reflect the current process for issuing permanent resident cards (Green Cards).
4. Priority date retention USA
- Certain immigrant investors will keep the priority date of a previously approved EB-5 petition when they file a new petition.
How to immigrate to the USA by investing
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