Latest information on EB5-Visa updates and answerws to most common questions you may have.
Green card holders can legally reside, work, and travel anywhere in the United States, and travel abroad, lawfully and permanently. You can also apply for federal education aid, and many other federal benifits like social security insurance etc. Green card holders can apply for US citizenship also sponsor their relatives for green card applications.
The United States government created the EB-5 Immigrant Investor Program to attract foreign investment and boost economic growth in the country. Foreign investorss who meets the requiremnets of EB-5 visa, can invest either $900,000 in TEA, located business or new business in United States. When investors through their investment in the business new or existing, demonstrate their investment has created at least ten jobs for U.S. workers, they may are eligible to receive green cards for themselves and their families.
A TEA is a rural area, or has an unemployment rate of at least 1.5 times the national average. When EB-5 Visa applicants invest in a TEA, they can invest $900,000 rather than $1,800,000.
EB-5 Regional Centers are organizations authorized by United States Citizenship and Immigration Services (USCIS) to receive and manage EB-5 investor funds. These centers promote economic development and job creation within a specified geographic area.
10,000 EB-5 visas world wide.
First you have to petition I-526 application, and after this approved petition for I-829 application.
The I-526 petition is the initial visa application for EB-5 Immigrant Investor Program. Prospective investors and or their attorneys file this petition with the USCIS and include documentation demonstrating the investor’s eligibility.
I-526 petitions are mosty rejected due to the applicant’s failure to prove that investment funds were lawfully obtained.
The I-829 petition is the final step in the EB-5 Immigrant Investor Program. Investors and or their attorneys file this petition with USCIS, and provide evidence that the investor has successfully fulfilled all of the program’s requirements, particularly that investor funds resulted in the creation of at least ten jobs. Upon approval of the petition, investors and their family members receive permanent green cards.
Investor and immediate family are eligible for a green card. This includes the investor’s spouse and unmarried children under the age of 21, including adopted children.
Green card holders are taxed like U.S. Citizens are taxed. Green card holders are subjected to federal tax on worldwide income as of the date they become residents.
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