A good concept for foreign businesses
For businesses who anxiously wait to get a green card for shifting their base or at least expanding it in the US, the EB5 card is of much delight to them. It is an easier way and getting through it will get you permanent residency in the United States. This not only assures residency for you but for your spouse as well as your children in the US, provided that they are below 21 years of age. This saves you from looking up for connection, i.e. family or relatives (however distant they may be) and then using the connection as a medium for obtaining green card. The EB5 card depends completely on your financial status, your investment and the type of business that you are. The notion of such an easy way of access to the US was formed in 1992, under the Immigration Act. This was not only meant for the foreign businesses to shift to the US without much trouble but it also was done in order to improve the US economy. It proved to be beneficial
The decision indeed has proved to be fruitful. In the last 10 years, US economy grew much with the help of the capital investment from the businesses shifting there from other nations. It made a profit of more than millions and there were more than 10,000 job opportunities created for the residents in different parts of it. It has also been said that the EB5 Green Card has got extended for the next 3 years and it is obvious that it will be extended again in the future. What you need to provide
As for the businesses, they are grateful for they were given the permission to become the permanent citizens of the US and carry on with their business concept there. It requires you to invest a capital sum of $ 1 million for your business extension in the US. In case you are not able to or not willing to invest that sum, you are permitted to provide with a capital investment of $ 5, 00,000. However, it is allowed only if your target center area for the business is rural or doesn’t have a high level of employment. It can also be that the area is less populated, with 20,000 people residing there. The EB5 Investment helps you to introduce your business in the US and get huge exposure for it, as it is the nerve center for all commercial and trading purpose. There are other conditions as well. You need to provide with as much as of 10 job opportunities in the region where you want to start your business. This 10 job vacancies will be meant solely for the residents and not for anyone from your family or in association with you. There are other norms and once you follow the EB5 Investment Visa norms completely for the next 2 years, you are then awarded the permanent citizenship in the US. For all businesses
This green card has been helping different business concepts to get spread in the US. Be it apparel, software, academics, food, beverages, or even a franchise opportunity, all have made huge success with the help of this EB5 card, which acted as their entry in the continent.
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