The EB-5 Immigrant Investor Program is a U.S. immigration program. This program is for people like foreign investors. Looking to obtain permanent residency by investing in a US-based business.
The EB-5 is the fastest way to obtain permanent residency in the USA. It comes with lots of benefits like health care benefits, benefits of the U.S. education system, and much more.
So, in this article, we will discuss its benefits and why it is a better green card investment Program.
You’ll explore:
- Applying for EB-5.
- Green card for your family.
- Networking opportunities.
- Healthcare Benefits.
- Education system benefits.
- Social Security Benefits and much more.
Make sure that you read this full article and don’t miss out on any valuable information.
Table of Contents
How to Apply for EB-5?
Before we discuss the benefits of EB-5, let’s start by understanding the visa application process.
Choosing Your Investment Project
If you want to apply for the EB-5 then the first step in the process involves choosing an EB-5 investment project. You can invest in a new business or invest through a Regional Center.
Investment
After choosing a project to invest in, you will then have to invest. Cost may vary depending on the project. So, if you choose to invest in a project that is located in a rural area or area where there is a high unemployment rate then it will cost you $800,000. And, if you invest in a project that is outside of the Targeted Employment Areas then it will cost you around $1,050,000.
Submitting Form
The next step after investment involves submitting the form I-526. This form is also known as the Immigrant Petition by Alien Entrepreneur.
It is for eligibility verification and documentation. You will have to submit this form to U.S. Citizenship and Immigration Services.
This form requires you to provide documentation of your investment. Like proof of the investment, and proof of legal investment amount. Plus, the business plan for the project.
Period of Waiting
Once you have submitted the petition the U.S. Citizenship and Immigration Services will review it. This may take some time around 18 or 24 months. After approval, you can apply for an immigrant visa if you live outside the USA.
Benefits of Having an EB-5 Green Card
Green Card For Your Entire Family
Investing in the EB-5 program will enable you to obtain Green Cards not just for yourself but for your family members as well. Family members like your spouse and unmarried children who are under the age of 21.
This benefit of EB-5 is what makes it unique from other immigration programs.
Networking Opportunities
Another important benefit of EB-5 is that it allows you to grow your network and helps you connect with other like-minded people.
Connection with International Investors
The EB-5 will help you meet with successful investors. And, this can bring you new business opportunities. These newer connections will give you knowledge of business practices. And also support you in evolving your business.
However, if you invest through a regional centre then you can benefit from its established connections. You can join meetings or events that they host. And from there you can build connections with other people involved in the same projects.
Flexible Residency
Unlike other immigration programs that require you to stay at a specific location. The EB-5 program gives you flexibility in residency. You will have the freedom to live anywhere in the United States. Without being tied to only one specific location.
This means that you can choose to stay in a place that you like and prefer, without being restricted by your investment’s location. You will get to choose a state according to your weather preference, and your lifestyle. With EB-5 you have full freedom to choose your residential place in the United States.
Lower Competition
The EB-5 program has less Competition as compared to other programs. EB-5 is a very popular program and even after being famous, it is still less crowded. So, there are fewer people in line. And, if you apply for EB-5 there is a better chance that your application will be approved. Also, your application process will be quicker than the other programs. And you won’t have to wait for too long.
The U.S. government issues a certain number of EB-5 visas each year. So, if fewer people are applying. Then this means that each person has a higher chance of approval. One of the most important advantages of EB-5 is having fewer competitors.
Healthcare Benefits
People who obtain their Green Card by investing in the EB-5 program. They get the opportunity to use the healthcare system of the United States after meeting some requirements. So, if you become one of the green card holders. Then you will be able to use the healthcare system of the United States. Plus, you can also have health insurance for yourself and your family as well.
Education System Benefits
If you have children then with the EB-5 program you can also access the Education system of the USA.
With this benefit your children can attend public schools. Also, the tuition fee would be lower in public universities.
With access to the education system, your children would be able to experience the academic environment of the US.
Social Security Benefits
With the EB-5 program investors can also be qualified for social security benefits. And, these benefits include retirement income and disability support.
Retirement Income
After working in the US. Also, paying into the Social Security system through payroll taxes for some years. You will get monthly payments when you retire.
Protection
Social Security can help you in many ways. One particular example is helping you financially. So, when you can’t work due to disability or accident, social security will support you.
Family Protection
Social security also gives family protection. If the investor has passed away, social security will help the family. It will financially support the investor’s spouse and children. So, social security doesn’t only benefit the investor but their spouse, and children as well.
Conclusion
This brings us to the end of this article.
In this article, we discussed. The benefits that make EB-5 the best Green Card Investment Program.
The EB-5 program is one of the quickest ways to acquire a green card. It is less crowded and the success rate is very high. It also provides benefits to you and your family as well that ensures a secure and stable future for you & your family.