The Best Option to Achieve U.S. Citizenship
The most effective and practical way to establish yourself legally in the U.S. and, if desired, achieve citizenship. This program is undoubtedly the best path to obtaining residency and enjoying most of the benefits of a U.S. citizen.
The EB-5 program, created in 1990, was put on hold between 1998 and 2002. At that time, Congress enacted a new law to protect investors before 1998. Also, in a case commonly known as “Chang,” the 9th Judicial Circuit Court ruled that the INS cannot apply its new rules retroactively. In August 2003, the INS began approving Regional Center applications for the first time since 1998.
It is now known that EB-5 immigration applications based on substantial investments in designated Regional Centers for the full amount of investments as prescribed by the regulations, with appropriate supporting documentation, must be approved.
Applicants for this visa must make a capital investment for the benefit of a U.S. business entity. The required investment amount depends on the location of the business receiving the investment, as well as the type of business.
Generally, the capital investment must be $1 million valued at current U.S. market rates. Investments in economically distressed areas known as Targeted Employment Areas (TEAs) or rural areas may qualify for small-scale investments with a mandatory threshold of $500,000.
These investments must lead to the creation of 10 full-time jobs in the U.S. for a minimum of two years.
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