New York Licensed Immigration Attorney For All EB-5 Investors Worldwide
The EB-5 Immigrant Investor Program is administered by USCIS, and was created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors in the purchase or creation of a U.S. Business. Over the years there have been changes and additions to the Program to include investment in Regional Centers that are approved by USCIS.
On March 15, 2022, President Biden signed the EB-5 Reform and Integrity Act which created new requirements for the EB-5 immigrant visa category and the Regional Center Program, authorizing immigrant visas under the Regional Center Program through Sept. 30, 2027.
The EB-5 allows investors (and their spouses and unmarried children under 21) to permanently live and work in the U.S. as Lawful Permanent Residents if they:
- Make the necessary at risk investment ($800,000.00 in an approved Targeted Employment Area or $1,050,000.00 any where in the U.S.) in a commercial enterprise (for-profit activity formed for the ongoing conduct of lawful business) in the U.S. using funds that can be proved to be obtained from legal sources (earnings/savings/selling property/personal loan/etc); and
- Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.
I primarily work with Investors who seek to invest into a Regional Center.
Benefits of an EB-5 Investment
No PERM: Applicants are not required to submit PERM labor certification. In other words, you do not need to demonstrate that there is a shortage of domestic (U.S.) workers to perform that job, and can skip the very lengthy process of PERM.
No Permanent Job Offer Required: Applicant is not required to have a permanent job offer in the U.S.!
No Foreign Business/Home Requirement: Applicant is not required to maintain an existing home-country business. You are permitted to close your business in your home country and still acquire U.S. lawful permanent residence.
No Foreign Country Treaty Requirement: Applicant is not required to be a National of a Treaty Trader Country to qualify.