Since the 1990s, US has got over $6.8 billion worth of investment from foreign investors in China, Middle East, and Canada. These businessmen have been awarded more than 29,000 US visas and created thousands of jobs thanks to the EB5 Investment program. The EB-5 Immigrant Investor program allows foreign investors to obtain the Green Card and US citizenship when they invest in job-creating projects in the United States. This article provides information on the EB5 Investment program in North America.
In order to qualify to apply for the EB5 Immigration Investment program, a business needs to create 10-new full-time jobs for American workers for each $1 million invested in the country. If the business is being located within the Targeted Employment Area, this amount is reduced to $500,000. This program has become extremely popular among the American as well as foreign investors since they are able to obtain easy funding for their projects through the EB5 program. These funds are easier to obtain than traditional loans through banks and other financial institutions.
During the year of 2014 more than 10,000 EB5 visas were issued. This is the highest number of visas issued during one year. It was nearly a 25% increase from the previous year. The program is responsible for investing $5 billion in direct investments and 85,500 full-time jobs were created as a result during the last few years. The program has gained so much of popularity among the local and foreign investors that it had to be extended by the Congress of America for more than five times. Now the program even attracts foreign investments from countries like Brazil, Vietnam, and Russia. If you are a business owner looking for EB-5 investment opportunities, these tips will help you secure the investment more easily.
Transparency is everything when it comes to the EB5 program. Trust is one of the most important factors in this program. A business should be fully open about the potential risks they may have to undergo when investing in the country. Are all your zonal and building permits in place? Is your land secured for development? Where are your feasibility reports? Doing your homework is important when you plan to secure EB 5 investments for your business project. It will help you to have a smooth operation and make profits in the long run. Job creation is the main goal of this program. You have to be ready with all the project reports and other documents when you are applying for the EB5 program.
This is where a service provider such as EB5 Diligence (http://www.eb5diligence.com) comes in handy. They are a team of specialists that spend 20 business days a month reviewing each EB 5 investment opportunity. They will then publish a report with all the information required by the investor in order to make the right decision when investing in the US. This is why you need to consult EB5 Diligence right now if you are planning to take full advantage of the EB 5 Investment program.