Preparing,for,EB-5,Visa,applic law Preparing for an EB-5 Visa application in 4 steps
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One of the easiest ways for a foreign citizen to gain UScitizenship is through the EB-5 investor visa program.While there are manythings that must be done to satisfy the requirements of this visa, in thisarticle we will identify and elaborate on the four most critical steps thatapplicants must fulfill prior to completing their EB-5 application.1) Securethe Necessary Money The EB-5 visa can be acquired by satisfying any of thefollowing:a) Investing $1 million in an American businessb) Investing $1million in a Regional Center located in a non qualified region and creating atleast 10 full time US jobs ($500,000 if it is made to an area in urgent needsuch as TEA)c) Investing at least$500,000 in a designated Regional Center in a qualified region Based on theserequirements we can immediately identify that without at least $500,000available to invest, this visa is not an option.2) Identify your IdealInvestment - All potential investors should take the proper time to find abusiness model in which they are especially interested in investing.Investorshave the option of starting a new business, investing in a current business ormaking an investment in a Regional Center.All options should be seriouslyconsidered by any potential investors.3) Gather the Proper Documents Thereare many documents required to complete the EB-5 application process andpotential investors are encouraged to have these documents ready beforehand, soas to avoid the risk of delays or penalties due to missing or lost documents.Fromfinancial records to all relevant documents of children and family members,make sure your documents are current and comprehensive.4) Select an ExperiencedImmigration Lawyer Potential investors are not advised to attempt the EB-5process without experienced legal representation.Keep in mind that lawyer feesfor the EB-5 typically approach $15,000, so this needs to be factored into Step1.The immigration procedure is very litigious and going it alone can beoverwhelming.These four factors are just some of the issues that any potentialEB-5 applicant must consider when beginning their application process.Therewill be more obstacles along the way, but in addressing these factorsapplicants will be preparing themselves for successfully attaining a green cardvisa and enjoying permanent US citizenship for themselves and their immediatefamily.
Preparing,for,EB-5,Visa,applic