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The Eb-5 Visa
The American EB-5 visa is a relatively new type of travel document in the sense that it has been in existence since the 1990s. That said, the EB-5 has become a very popular type of visa and is utilized by many foreign nationals who wish to travel to the United States for employment purposes. The major benefit that the EB-5 confers is an immediate Green Card upon admission to the United States in EB-5 status. For many immigrants, this type of travel document is ideal for starting a new life in the USA, but the investment required to obtain an EB-5 is substantial. Furthermore, those seeking this type of travel document are well advised to seek the counsel of an experienced US Immigration attorney (or Immigration law firm) in order to receive the most up-to-date information regarding the EB-5 visa.
“The fifth employment based visa preference category, created by Congress in 1990, is available to immigrants seeking to enter the United States in order to invest in a new commercial enterprise that will benefit the US economy and create at least 10 full-time jobs. There are two ways to invest which you may use within the EB-5 category and they are: creating a new commercial enterprise or investing in a troubled business.”
American Permanent Residence by investment is an efficient and effective way for those wishing to make sound investments and receive a significant US Immigration benefit to proverbially “kill two birds with one stone”. That said, such an investment must comport with certain Federal regulations. Furthermore, the repository of the investment and the employment relationships arising from the investment are likely to be regulated by both State and Federal regulations. Due to the fact that so many rules, regulations, statutes, and laws come into play when organizing an EB-5 investment competent legal advice may be required to help ensure that all formalities and requirements are met.
It should be noted that those who travel to the United States and become Lawful Permanent Residents therein may later be eligible for naturalization to United States Citizenship. American Citizenship is one of the most sought after privileges in the world as it provides the bearer with the right to travel to the United States, reside in the United States, and work in the United States. Furthermore, United States Citizenship also accords the American Citizen with a host of international travel options. The bearer of an American passport can travel visa-fee to many countries around the globe. In Thailand, one of the major benefits of American Citizenship is the right to conduct business in Thailand pursuant to the provisions of the US-Thai Treaty of Amity. Furthermore, those with United States Citizenship may be able to enjoy the benefits of the myriad double-tax Treaties between the United States and her allies. All in all, the EB-5 investment visa program could prove to be a good investment from both a financial and legal perspective.
For more information about EB-5 visas please contact Integrity Legal. For up to date information please see our web log at:
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