Moving to a foreign country for your family’s happiness and quality of life can be the most difficult thing to do. Like many of our clients, an Indian couple made it to their American dream by investing in the EB-5 investment program. We appreciate their courage to take the initiative of listening to their heart’s desire despite the ongoing restrictions over U.S. immigration rules.
As a part of top immigration law firms in the U.S., we got a chance to interact with this couple when they were on a routine visit. Here is an overview of their experience of how difficult it was to get an EB-5 visa and how long did it take to achieve their American dream? The couple arrived in the U.S. three years ago on a tourist visa. Inspired by the majestic quality of life and multi-cultural immigrant civilization, the couple dreamed of staying forever in America. With a knack for setting up an international business, they started exploring various ways to get into the business on their return to India. Unaware of the fact of what it takes to become an entrepreneur in America, they landed to us for immigration counseling. EB-5: The Path to American Entrepreneurship When it comes to obtaining American entrepreneurship, the path is not that easy. It generally goes through a long process of documentation and you never know how long it could take to get approval. When asked about the approval process of the EB-5 visa, the couple happily says, “The journey has been quite smooth from the day we started. After a counseling session with the experts, we were quite confident that we can make it, and yes, here we are!” As described by the couple, the journey to EB-5 is not that tough if you follow all the rules and fulfill the eligibility conditions as directed by USCIS. The couple preferred to invest in the Targeted Employment Area (TEA) over the regional center investment program. With an already established business in India, the couple wanted to expand its wings to American land and deploy their entrepreneurial skills while learning global business sense. Acknowledging the benefits of investing in TEA, the couple shared with us that it is 100% safe to invest in this program. The investment has been profitable to them from the first day. On top of this, the couple got a green card and the surety to come to America legitimately while enjoying the perks of being a citizen of America. Just like this couple, any foreign national can apply for the EB-5 investment programs. If we talk about the Indian applications for the EB-5 programs, there has been a tremendous boost in the applications to USCIS in the last few years. The great thing about this program is there are no backlogs for Indians and there are significantly fewer delays for the approval for Form I-526. Once you get your form approved then you are ready to apply for consular processing. Let us read some quick facts about the EB-5 investor program that we got to know from the Indian couple. Some Quick Facts about EB-5 Investor Program 1. There are two modes of investment in this program: · Individual Direct Investment · Regional Center Investment 2. The two minimum investment options in these plans are: either invest $1.8 million in a valid business and create 10 full-time jobs or invest $900,000 in the TEA. 3. You don’t need any kind of experience in business to invest in this program. 4. The EB-5 investment program is a great option to get a green card. 5. The money invested in the programs is kept safe and secured in the escrow bank account. EB-5 is one of the most sought-after employment-based programs in the U.S. Any foreign national can come to America with an EB-5 investor program provided you fulfill the requirements as permitted by the USCIS. It allows you a guaranteed path to American citizenship along with monetary benefits. Just plan your path to obtain American citizenship before the U.S. immigration rules get more tightened.
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June 2021
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