Many businesses look for EB-5 funding to finance their real estate projects in America. Since the EB-5 Program was created back in 1990, it has continuously grown and become more popular in many parts of the nation. The reason the United States Government started the program was to help grow the economy by finding foreign investors who were looking to invest in United States real estate projects that would also create jobs for American workers. The foreign investors are then given the opportunity to live in the United States.
Once the investors invest in the new commercial enterprise, they are eligible to receive a conditional Green Card after about 2 years. Then the U.S. Citizenship and Immigration Services will make sure that that new commercial enterprise has created jobs for Americans and is being successfully built and the investor is on their way to receiving their permanent green card.
U.S. Immigration Fund is an EB-5 Regional Center. An EB-5 Regional Center is an organization designated by United States Citizenship and Immigration Services (USCIS) that sponsors investment projects for investment by EB-5 investors.
Below are 5 tips that will help you learn more About The EB-5 Process.
- Many people have become aware of the EB-5 Program, and it has become more popular over the years. U.S. Immigration Fund has grown to be one of the most successful EB-5 Regional Centers in the United States.
- Unemployment rates are a continuous problem in many parts of the world. With more people investing in the United States, they are creating job opportunities for people who are living there. More specifically, each investment must create a minimum of 10 jobs for American workers.
- There are many misconceptions about the EB-5 program. Some people believe that they can simply get a Green Card by paying for it and that it will automatically guarantee them a Green Card and a free pass to stay in the United States. However, this is not the case. The investors are not simply “paying” for a green card. They are investing their money into a new commercial enterprise in the United States that will provide jobs for Americans and also help to boost our economy.
- All of U.S Immigration Fund’s projects are located in a Targeted Employment Area (TEA). When an EB-5 project is located in a TEA area the amount required for an investment is lowered from $1 million to $500,000 dollars. In order to be designated as a TEA, the EB-5 project has to be located in an area of high unemployment or a rural area. If you invest with a regional center, they will let you know if their projects are located in a TEA.
To get a Green Card Visa, an investor will have to meet other criteria during the application process. The entire EB-5 process should take approximately 5 years to complete without a waiting list. For Indian citizens, there is currently no visa waiting list where other countries such as China have a longer waiting list. Based on current processing times, an Indian citizen should receive an I-526 approval in approximately 18 months. It will then take approximately 4-6 months for the Investor and his/her family to complete processing.