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Learning All that Goes Into US Immigration through Investment
For the immigrants there are in the United States who are seeking for permanent, employment based residence in the United States, there are five clear paths to getting the desired immigration visa. Of the five, four of them are actually dependent on the following factors; extraordinary ability, specific skill, educational attainments and association that one may be having with some specific population or labor need.
The fifth way to help you secure your green card or visa to be a permanent resident in the United States as an immigrant therein would be through the EB5 program. Talking of the EB-5 visa, this is an investment based visa that demands that an immigrant makes an investment in a domestic commercial venture and the same must create a minimum of 10 permanent full-time jobs. In case you are an immigrant and have made such kind of an investment in the US, then you stand eligible to attaining, lawfully of course your permanent residency status in the United States, you and your entire immediate family members.
By and large, looking at the history of the program, EB-5 program, this is one that goes back to the year 1990 when it was rolled out and its main aim was to encourage foreign investors to make investments in the United States to spur job creation in return getting to earn their permanent residency statuses. By and large, the program is not any way unique to the United States for quite a number of countries around the world somewhat emulate or have similar programs, the citizenship investor programs or some other sort of immigrant investment program with some of them being such as Canada, United Kingdom and many other countries in the European Union, EU. Learn more about immigration at https://www.dictionary.com/browse/immigration.
The United States government has indeed rolled out a plan to bring wide ranging changes to the country’s immigration system, the existing visa programs like the very EB 5 program being some of the programs that have been targeted in the increased scrutiny that is being effected. As a result of this, there have been questions over whether the EB-5 Visa program having performed as was expected of it.
Going ahead, we want to take a look at some of the basics of an EB-5 plan anyway, how it works. By and large, for one to qualify for lawful permanent residence in the United States under the EB-5 program, as an immigrant investor they must have invested over $1 million in a startup commercial project. Over and above this the venture invested in by the immigrant seeking the application for the EB-5 visa must as well have provided up to at least 10 full time and permanent jobs to US workers.
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