EB-5 Visa – FAQ’s
What is the minimum investment amount needed to apply qualify for the Eb-5 Visa?
The amount needed is $500,000, when you invest into an approved project through a regional center into a Targeted Employment Area (TEA).
What are the benefits of investing into projects through a regional centre?
By Investing into a development project, you are satisfying all of the requirements of the EB-5 Visa program, without having to start and manage your own business – as the project will create the required number of jobs.
The investor can live, work or retire anywhere they want in the U.S. They are not restricted to where their investment was made.
When was the EB-5 Visa Program created?
The EB-5 visa program was created in 1990 to encourage foreign investment into the American Economy. The program was created for Non-U.S. Citizens who are rewarded with Permanent Residence, when investing and creating jobs in U.S.
How many EB-5 visas are allotted each year?
The EB-5 Visa program allots 10,000 visa numbers each year for immigrant investors and their accompanying family members. Of this allotment of visa numbers, 3,000 are reserved for immigrant investors who rely on the Regional Center Program.
What are Targeted Employment Areas (TEAs)?
For the purpose of the EB-5 program, a Targeted Employment Area (TEA) allows $500,000 of investment rather than the regular $1,000,000 of investment which is usually required to get Residency. A TEA is an area of America that is rural or has experienced higher level of unemployment than the national average.
What are the educational and work experience requirements of the EB-5 Visa program?
Immigrant investors are not required to demonstrate any minimum level of education or work experience. The main requirement for immigrant investors is to demonstrate they have the requisite net worth to make the investment and that the net worth was obtained by lawful means. Proper documentation to establish both of these requirements is critical for the approval of the I-526.
Do I need to speak English?
No. Immigrant investors on the EB-5 visa program are not required to satisfy English language proficiency. Please note, however, that our investment documentation is only provided in English and no authorized translations will be provided. Therefore, immigrant investors who are not proficient in English must seek assistance in order to read and comprehend the investment documentation before making an investment decision. We can provide this service if necessary.
How is lawful source of funds demonstrated?
EB-5 visa regulations require that the immigrant investor demonstrate that the capital invested to participate in an EB-5 project was obtained by lawful means. Therefore, immigrant investors can rely on any documentation demonstrating the funds were obtained lawfully, such as business records, salary and payroll records, tax records, investment portfolios, sale of assets such as real estate, inheritance, gift, loan and even certifications from the immigrant investors licensed accountants and any combination of thereof. There is more than one way to successfully demonstrate the lawful source of the funds used to invest in the EB-5 project. We will work with immigrant investors and their representatives to address this issue to ensure proper documentation is submitted.
What is an accredited investor?
An accredited investor is someone who either has a NET worth of over $1,000,000 (not including main residence) OR makes $200,000 per year income OR makes a combined income with their spouse of over $300,000 per year. To qualify for the EB-5 visa program and as an accredited investor, you must meet only only of these criteria.
What is the I-526 Petition?
This is the document which needs to be filed once you have invested into a project. The I-526 Petition demonstrates that the investor has invested the required amount into a suitable EB-5 project. The I-526 petition also demonstrates that the capital invested has come from a lawful source of funds. The applicant therefore must provide evidence that is traceable, proving the funds were obtained legally.Read Disclaimer