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How EB-5 Full Service Proves Useful?

By Abhinav Subscribe to RSS | December 24th 2011 | Views:
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The history of the United States has witnessed much of the cultural and population change due to immigrating migrants. The States had long back understood the direct benefits of immigration and introduced in 1990’s the EB-5 Program for the alien entrepreneurs to gain the residency of the country.

EB-5 means employment based immigration fifth preference. It is a visa program for immigrant investors who want to invest in the US. This program has fascinated plenty of investors who were looking for a decent investment program to get a Green Card in the States. The economy of the involved nation has also been much benefitted by this program.

The program makes 10,000 visas accessible annually to immigrant investors who invest in profit-making projects that generate a minimum of 10 US jobs. Eb5 investment ranges between $500000 and $1000000. The advantage of this type of visa is that it entitles the Permanent Residency of the nation.

The investment program has two options you can either invest in TEA (Targeted Employment Areas) or Low Population Areas (TPAs) with a cash investment of $500,000. The other way is $1,000,000 cash investment or equipment into a diversity of site, commerce, trade and industry.

The EB-5 Full Service provides following benefits:

It grants lifetime Permanent Residency of the US, which gives an individual the complete autonomy for living, employment, education, to own and run a business or give up work any place across the nation, irrespective of the place of the investment.

The Permanent Residency or Green Card includes the husband/wife and bachelor children. To apply, there is no waiting list. Furthermore, from the 1990 to till date annual quotas for the little-known EB-5 Visa have never been increased.

For certain EB-5 cases preference can be given in processing

Approximately, after 24 months of issuance when the employment figures have been verified and approved and all conditions are removed, the Green Card holder is free to keep or dispose-off the investment. This, however, is subject to exit clause of the regional center project in which he has invested.

After the attack on the WTO, immigration has been subjected to strict government control. The EB-5 Program has various petitions to be filed, like EB-5 I-526, EB-5 I-829, and you have to take the service of an expert EB-5 Attorney to gain full advantages of the program. The program has several clauses, including job creation, lawful sourcing of funds, selection of right regional centers, supporting documentation, etc., which require due diligence from the investor’s side.

Abhinav - About Author:
ABHINAV Immigration is the World's leading Immigration and visa Consultation Company since its inception in 1994. Abhinav is engaged in providing professional assistance to immigrants and visa applicants applying for work permits, residence permit or EB5 visa.

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