#EB-5 immigrant investor visa program

[saywhat-politics]

President Donald Trump said on Tuesday the US would sell a “gold card” to wealthy foreigners, giving them the right to live and work in the US and offering a path to citizenship in exchange for a $5 million fee.

“We’re going to be selling a gold card,” Trump said from the Oval Office. “You have a green card. This is a gold card. We’re going to be putting a price on that card of about $5 million and that’s going to give you green card privileges, plus it’s going to be a route to citizenship. And wealthy people will be coming into our country by buying this card.”

Trump said the sale of the cards will begin in about two weeks and suggested millions of such cards could be sold.

Asked whether he would consider selling the cards to Russian oligarchs, Trump responded: “Yeah, possibly. I know some Russian oligarchs that are very nice people.”

Commerce Secretary Howard Lutnick, standing alongside Trump, said the card will replace the government’s EB-5 immigrant investor visa program, which allows foreign investors to pump money into US projects that create jobs and then apply for visas to immigrate to the US.

“They’ll have to go through vetting, of course,” Lutnick said, “to make sure they’re wonderful world-class global citizens.”

Created by Congress in 1992, the EB-5 program can grant green cards to immigrants who make a minimum investment of least $1,050,000, or $800,000 in economically distressed zones called targeted employment areas, to create jobs for American workers, according to the United States Citizenship and Immigration Services website.

[fabriceernandes]

Miami E-2 EB-5 Investor Visa Opportunities with Fabrice Ernandes

The E-2 and EB-5 Investor Visas stand out, offering avenues for foreign investors to contribute to the U.S. economy while pursuing their entrepreneurial dreams. Partnering with Fabrice Ernandes, a distinguished figure in Miami’s real estate sector, presents an unparalleled advantage in navigating these investment avenues. With Ernandes’ expertise and his company’s robust portfolio, investors gain access to invaluable insights and a diverse range of investment opportunities in Miami’s flourishing market.

[acquestadvisors]

In light of the changing U.S. immigration policy, many are concerned about the future of work visas, specifically the H-1B Visa program and L-1 Visa. Trump’s previous administration introduced significant changes to immigration policies aimed at protecting American jobs, which included stricter requirements and higher denial rates for H-1B and L-1 visas. The H-1B Visa Impact was substantial, affecting thousands of professionals, especially in the tech industry. For companies using the L-1 Visa to transfer employees to U.S. offices, the added scrutiny and tightened eligibility created numerous challenges.

As Trump’s potential return raises questions about the future of these programs, some individuals are exploring the EB-5 investor visa as an alternative route to U.S. residency. The EB-5 Visa program allows foreign nationals to gain permanent residency by investing in projects that generate U.S. jobs, aligning well with Trump’s focus on job creation and economic growth. With EB-5 currently authorized until 2027, it offers a stable pathway to residency amidst uncertain changes in H-1B and L-1 visa policies. For those able to invest, the EB-5 investor visa may be a viable alternative in an evolving U.S. immigration landscape.

[nationallawreview]

US Department of State Announces Annual Limit Reached in EB-5 Unreserved Category

The U.S. State Department and U.S. Citizenship and Immigration Services announced that they have issued all legally available visas in the unreserved EB-5 Immigrant Investor Program categories for Fiscal Year 2024. Embassies and consulates have been directed to not issue immigrant visas in these categories until the new fiscal year (FY 2025) starts on Oct. 1, 2024. As discussed in our recent blog…

[arcasiaadvisors]

Pathway to Permanent Residency: Exploring the EB-5 Immigrant Investor Program

For many foreign nationals seeking to establish a new life in the United States, the EB-5 Immigrant Investor Program offers a promising route to permanent residency. This program, established to boost the U.S. economy through investment and job creation, has become a popular choice for investors worldwide. In this blog post, we will explore the EB-5 Immigrant Investor Program in detail, highlighting its benefits, requirements, and the application process.

What is the EB-5 Immigrant Investor Program?

The EB-5 Immigrant Investor Program, created by the Immigration Act of 1990, allows foreign investors to obtain U.S. permanent residency through investment. By investing in a new commercial enterprise, investors can contribute to economic growth and job creation in the United States. The program aims to attract substantial foreign capital into the U.S. economy while offering a pathway to permanent residency for investors and their families.

Benefits of the EB-5 Immigrant Investor Program

The EB-5 Immigrant Investor Program offers several significant advantages:

Pathway to Green Card: Investors who meet the program’s requirements are granted a green card, allowing them and their immediate family members to live, work, and study in the United States.

Opportunity for U.S. Citizenship: After maintaining permanent residency for five years, EB-5 investors can apply for U.S. citizenship, enjoying all the rights and privileges of American citizens.

Educational Opportunities: Permanent residents benefit from access to U.S. academic institutions, including public schools and universities, often at lower tuition rates than international students.

Travel Flexibility: Green card holders can travel freely in and out of the United States without needing additional visas, making international travel more convenient.

Investment Requirements and Process

To participate in the EB-5 Immigrant Investor Program, investors must meet specific criteria and follow a defined process.

Investment Amount and Project Selection

Investors must make a minimum investment in a new commercial enterprise to qualify for the EB-5 Immigrant Investor Program. The standard minimum investment amount is $1 million. However, if the investment is in a Targeted Employment Area (TEA)—a region with high unemployment or a rural area—the required investment is reduced to $500,000.

Investors have the option to invest directly in a business or through a Regional Center. Regional Centers are USCIS-approved organizations that facilitate EB-5 investments and often provide a more streamlined process and pooled investment opportunities, reducing individual risk.

Application Process

File Form I-526: The process begins with filing Form I-526, Immigrant Petition by Alien Investor, with USCIS. This form must include evidence of the investment and its potential to meet the job creation requirements. Detailed documentation and a thorough business plan are essential.

Obtain Conditional Permanent Residency: Upon approval of Form I-526, investors and their families can apply for Conditional Permanent Residency. This involves filing Form I-485, Application to Register Permanent Residence or Adjust Status, if already in the U.S., or applying for an immigrant visa at a U.S. consulate abroad. Conditional residency is valid for two years.

Remove Conditions: Before the two-year conditional residency period ends, investors must file Form I-829, Petition by Entrepreneur to Remove Conditions on Permanent Resident Status. This petition demonstrates that the investment has been sustained and that the required jobs have been created. Once approved, conditions are removed, and permanent residency is granted.

Conclusion

The EB-5 Immigrant Investor Program offers a viable pathway to U.S. residency for those willing to invest in the American economy. By understanding the benefits, requirements, and processes involved, investors can make informed decisions and work towards achieving their goals of permanent residency.

For more information, visit our website: https://www.arcasiaadvisors.com/

Contact Info:

Arcasia Advisors

Email: info@arcasiaadvisors.com

Phone No - +971 (0) 58 284 4447

Landline: +971 (0) 4 518 2552   

Address: Level 20, 48 Burj Gate, Downtown Dubai, UAE

[usadvlottery]

Obtaining a USA Green Card without the Diversity Visa (DV) Lottery involves alternative avenues for immigration. Non-DV pathways may include employment-based sponsorship, family reunification, refugee or asylum status, or specialized immigrant programs. These options offer individuals an opportunity to secure permanent residency in the United States based on specific eligibility criteria. By navigating these alternative routes, applicants can pursue their American dream through diverse immigration channels outside the traditional DV Lottery process. Each pathway has its own set of requirements and procedures, providing individuals with various routes to achieve permanent residency in the United States.

[abroadrouts]

https://abroadroutes.com/destinations/united-states/study/

[govisaeb5]

Unlock Your Path to the American Dream with the Visa EB-5 Program!

[justinspoliticalcorner]

Kelly Rissman and Ariana Baio at The Independent:

President Donald Trump announced a new path to U.S. citizenship: a pricey gold card. The U.S. is going to “sell” gold cards for $5 million, Trump announced in the Oval Office Tuesday. “We're going to be putting a price on that card of about $5 million and that's going to give you [permanent resident] Green Card privileges, plus it's going to be a route to citizenship,” the president said. He branded it as “somewhat like a Green Card but at a higher level of sophistication.” “Wealthy people will be coming into our country by buying this card,” he continued. “They'll be wealthy and they'll be successful and they'll be spending a lot of money and paying a lot of taxes and employing a lot of people. And we think it's going to be extremely successful and never been done before.”

Secretary of Commerce Howard Lutnick clarified the Trump administration plans to terminate a somewhat similar EB-5 Immigrant Investor Program and “replace it with the Trump gold card.” The EB-5 program allows investors to apply for permanent residence in the U.S. if they “make the necessary investment in a commercial enterprise in the United States” and plan to create or preserve 10 permanent full-time jobs. Lutnick said the EB-5 program was “full of nonsense, make-believe and fraud” claiming it was poorly managed. “It was a way to get a green card that was low priced, Lutnick said. Once vetted, gold card holders “can invest in America and we can use that money to reduce our deficit,” he added. While the gold card visas are a slight shift from the EB-5 program, they are not an unprecedented idea. Other countries such as the United Kingdom, Spain, Greece, Malta, Australia, Canada and Italy have had similar programs.

[...] When asked if there would be restrictions on people from certain countries such as Iran or China the president said they likely would not restrict countries but would evaluate individual people. Trump was then asked if Russian oligarchs could qualify to which he responded, “Possibly. I know some Russian oligarchs who are very nice people.” The Kushner family was sharply criticized eight years ago after the sister of Jared Kushner, then senior White House adviser to his father-in-laws Donald Trump, traveled to Beijing to tempt wealthy Chinese with an EB-5 Green Card with an investment in one of the Kushner family’s real estate projects — an offer that a former White House ethics lawyer under George. W. Bush called “corruption, pure and simple.” The new citizenship pathway comes as the Trump administration cracks down on immigration into the U.S. 

Another asinine idea by Traitor Tot.

See Also:

Daily Kos: Got $5M? Trump’s got a path to citizenship for you

Scripps News: Trump proposes a $5M 'gold card' visa system as path to US citizenship

[collapsedsquid]

President Donald Trump said on Tuesday he will replace the "EB-5" immigrant investor visa program, which allows foreign investors of large sums of money that create or preserve U.S. jobs to become permanent residents, with a so-called "gold card" that could be bought for $5 million as a route to citizenship. The "EB-5" program granted "green cards" to foreigners promising to invest in U.S. businesses. Trump said the program will be replaced with a so-called "gold card" that people will be able to buy for about $5 million from the U.S. government.

Is funny that they're replacing the EB-5 that keeps the money in the private sector with the "Gold Card" that is a payment directly to the government. By my quick search it's more money though, the EB-5 required a $1 milliion dollar investment while this is $5 mil. Also maybe less vetting,

[fabriceernandes]

Miami's Path to Residency: E-2 EB-5 Investor Visa by Fabrice Ernandes

Explore Miami's thriving real estate market with Fabrice Ernandes. Our Miami E-2 EB-5 Investor Visa program offers a gateway to residency through strategic investments. Gain insight, guidance, and exceptional property opportunities in the United States. Elevate your investment journey in Miami with trusted expertise and personalized support.

For more details, contact us: https://yourdreammia.com/content/eb-5

[24p-news-press]

San Jose law firm owner, office manager indicted in immigration visa fraud case

A federal grand jury has indicted the owner of a San Jose law firm and her ex-husband in a sprawling visa fraud case, after prosecutors said the pair illegally obtained immigration benefits for more than 100 clients.

Danhong “Jean” Chen, 54, of Atherton, was the sole partner at the Law Offices of Jean D. Chen, which specialized in immigration law. Chen was previously married to her co-defendant, 51-year-old Jianyun “Tony” Ye, who worked as Chen’s office manager.

Prosecutors say the two prepared fraudulent documents to make their clients eligible for the EB-5 visa program, which grants U.S. residency for qualified foreign investors in American businesses.

Chen and Ye would then funnel their client’s money into an investment property, which they controlled under the name of a straw owner, prosecutors said. Officials say the law office’s clients invested $52 million into EB-5 visa projects.

A related civil complaint filed by the Securities and Exchange Commission in October alleges the former couple raked in over $12 million in undisclosed commissions.

The two each face multiple charges involving visa fraud, obstruction of justice and identity theft.

Ye made an appearance on Monday at the U.S. Disrict Court in San Jose, where he pleaded not guilty and was released on a $750,000 bond.

Officials say Chen remains at large, and may be using the name “Maria Sofia Taylor.” Chen left the U.S. shortly after the SEC filed its suit last year, according to prosecutors.

[2thinktalk]

American Citizenship for Sale to the Highest Bidders

US Citizenship For Sale President Donald Trump recently unveiled a proposal introducing a “gold card” visa program, that offers a pathway to U.S. citizenship for a $5 million investment. This initiative aims to replace the existing EB-5 Immigrant Investor Program, which currently requires a minimum investment of $1,000,000 in a U.S. business that creates at least ten jobs. The new “gold card”…

[nationallawreview]

EB-5 Filing Strategies: Continued Immigrant Visa Availability Under the RIA’s Set-Aside Categories

The passage of the EB-5 Reform and Integrity Act (RIA) in 2022 resulted in the most significant changes to the EB-5 investor immigrant visa program since its establishment in 1990. Among the most notable changes implemented through the RIA was the creation of new “set aside” visa categories for EB-5 investors. These set-aside categories allocate a certain amount of the 10,000 EB-5 immigrant visas…

[therepublicreport]

Trump's $5 million gold card vs. the EB-5 visa: What sets them apart?

Trump’s $5 million gold card vs. EB-5 visa: How they compare In a bold move to reshape US immigration policy, President Donald Trump has proposed a $5 million “gold card” for wealthy foreign investors. This initiative is set to replace the existing EB-5 investor visa program, which has been in place for over three decades. The new gold card aims to offer a faster path to US citizenship and…