Tag: US Immigration

The state offers many opportunities for foreign nationals to acquire legal residency or citizenship because it is a nation of immigrants. One of the most well-liked routes is through the EB-5 Immigrant Investor Program, which provides enduring residency to those who invest a considerable amount of money in the United States.

Source –https://www.statista.com/statistics/535980/eb5-visa-issuances-and-status-adjustments/

As we can see before, the number of EB-5 immigrant visas issued by the U.S. Department of State is good and consistent, so let`s try to understand why.

Here are several justifications why the EB-5 program is a worthy alternative to residency by investment:

High success rate

The elevated accomplishment rate of the EB-5 program is the greatest justification for why it’s an outstanding choice for residency by investment. With a 92.6% approval rate in 2021, investors can have self-assurance in their probability of getting enduring residency through investment in the United States. This higher success rate also demonstrated the program’s efficiency and efficacy in luring foreign investment and advancing the American economy. For those who would like to invest in the United States and access enduring residency, the EB-5 program provides a dependable and appealing pathway to achieve their objectives.

Fast processing times

The USCIS’s efforts to decrease processing times for EB-5 applications are a welcome development for investors passionate about the program. With the ordinary processing duration for I-526 petitions reduced from 20.6 months in 2020 to 15.6 months in 2021, it is obvious that the agency is making essential advancements toward enhancing the effectiveness of the program. This shorter processing duration means that investors can get their enduring residency status in the United States more quickly, letting them exploit the numerous opportunities accessible in the state. Overall, the USCIS’s efforts to streamline the EB-5 application procedure make it an even more appealing alternative for foreign investors seeking enduring residency by investment in the United States.

No language or education requirements

Among the key benefits of the EB-5 program is that it does not have authoritarian educational or communication talent requirements, which could be an obstacle for several investors who would like to access residency or citizenship through other programs. This means that high-net-worth individuals who may not have a definite level of instruction or communication talent can still be qualified for the program, provided they meet the financial investment provisions. This option makes the EB-5 program a more accessible choice for investors from different backgrounds, despite their educational or linguistic capabilities. As a result, the program has become a progressively popular option for those who would like to access enduring residency in the United States.

Investment flexibility

The EB-5 program provides investors the resilience to pick between two investment features: a guided investment in a new commercial enterprise or an investment in a territorial middle. This lets investors opt for the investment choice that aligns with their investment objectives and preferences. Guided investments provide better influence and oversight, as the investor is responsible for administering the investment plan. On the other hand, territorial middle investments propose compliant involvement in a bigger plan and might be less lengthy for investors. This adaptability allows investors to choose investment alternatives that align with their expertise, goals, and likelihood tolerance, making the EB-5 program an appealing option for those seeking customized investment opportunities.

Path to citizenship

After getting enduring residency through the EB-5 program, investors can finally apply for citizenship, which provides abundant benefits, including the right to vote and entry to regime advantages. 

Here are several statistics that demonstrate the advantages of the EB-5 program:

– As per a record maintained by the EB-5 Investment Coalition, the EB-5 program contributed $35 billion to the U.S. economy between 2015 and 2019, building over 276,000 jobs.

– In 2020, Chinese nationals accounted for most EB-5 investors, with 4,142 accepted petitions. Vietnamese nationals came in 2nd place with accepted petitions, followed by Indian nationals with 466 accepted petitions.

– As per the USCIS, as of May 2021, there were petitions, with 6,835 accepted and 9,106 pending.

– The EB-5 program has been in particular well-liked in the genuine estate industry, with numerous developers applying EB-5 funding to finance plans. In 2019, the genuine estate industry accounted for 76% of EB-5 investment, as per a record by NES Financial.

Source – https://eb5affiliatenetwork.com/eb5-visa/eb-5-program-statistics/

Apart from the benefits noted above, the EB-5 program additionally provides numerous other benefits, for example, the ability to include dependents in the application and the alternative to labour or a survey in the United States. Furthermore, the program can build jobs and encourage economic development in the United States, as it needs investors to make a major investment in the nation. Overall, the EB-5 program offers a clear route to citizenship and permanent residency in the US, making it a viable choice for people who wish to invest in their immigration to the country.

If you still have any queries, connect with our team, and we will be more than happy to assist.

The popular EB-5 and E-2 visas have excellent characteristics for foreign investors who wish to invest in the US. As of Q1 2021, 15,908 EB-5 visa petitions were pending, and 2,977 EB-5 visas were issued in FY 2020, indicating high expectations for these visas. In comparison, there were 44,887 E-2 visas reissued during the same period. This denotes the popularity of this visa among US investors.

To be qualified for the EB-5 visa, you are obliged to invest a minimum of $800,000 in a plan located in a Targeted Employment Area (TEA) or $0.8 million in any non-TEA plan. On the other hand, the E-2 visa does not have a fixed investment requirement but mandates a major investment in US trade. By grasping these variations between the EB-5 and E-2 visas, investors can make an informed choice regarding whether that choice optimally aligns with their investment aims in the United States.

EB-5 Visa

The EB-5 visa program was formed in 1990 by the US Congress to promote job creation and economic advancement by drawing foreign investors. It provides enduring residency to human beings who invest at least $1 million in a qualifying plan that builds at least ten permanent jobs for U.S. workers. The program has become increasingly well-liked over the years, with a major boost in the number of EB-5 petitions filed from 2008 to 2019.

In 2019, a total of 14,373 EB-5 petitions were filed, which represented a major boost of 73% from the number of petitions filed in 2018. This grand surge in requests could be attributed to diverse factors, including the increasing knowledge of the EB-5 program amongst foreign investors, the augmenting concern of getting other types of visas, and the enchanting benefits of the EB-5 visa.

Among the advantages of the EB-5 program is that it lets investors and their families access enduring residency in the United States, which can finally result in citizenship in the US. Additionally, investors are not required to have prior commerce encounters or education, and there are no age restrictions.

The EB-5 program provides a benefit to investors by letting them provide for the advancement of the US economy by building jobs for American workers. Therefore, through this program, over $41 billion in capital investment in the US has been confirmed, and 700,000 jobs have been built in the US. Nonetheless, the program also has its shortcomings.

( The amount of EB-5 immigrant visas that the US Department of State granted between FY 2010 and FY 2021 )

Source – Statista.com

Its major criticism is that it primarily benefits affluent investors and developers instead of presenting a path to citizenship in the US for low-income or refugee populations. Furthermore, the program has come under criticism as a result of its extended processing times and conceivable fraud and abuse.

E-2 Visa

The E-2 visa is a well-liked option for foreign investors who would like to invest in US trade. In contrast with the EB-5 visa, the E-2 visa does not have a particular minimum investment in the US requirement. Instead, investors need to show that they have made a considerable investment in US trade and that they have a method to guide and develop commerce. As per information from the Department of State, the number of E-2 visas reissued has been growing steadily over the past few years. For example, in 2019, a total of 41,689 E-2 visas were issued, which represented a 10% boost from the previous year. 

In FY 2020, Asia and Europe will account for more than 80% of E-2 visas issued. Nearly half (49.5%) are given to candidates from Asia. The top 10 E-2 visa nations and regions are all located in Asia, Europe, and North America, which are the three continents with the highest percentage of E-2 visa issuances.

 Source – https://www.visafranchise.com/blog/e2-visa-2020-report

Differences between the EB-5 and E-2 Visas

Regarding choosing between the EB-5 and E-2 visas, one of the most significant differences lies in the investment requirements. Unlike the EB-5 visa, which demands a minimum investment of $800,000, the E-2 visa doesn’t impose any such restrictions. But investors need to prove that they have made a powerful investment in US commerce to qualify for the E-2 visa.

Moreover, the terms of trade that investors can put their finances into are clear for both visas. The EB-5 visa mandates investment in a qualifying plan that produces a minimum of ten permanent jobs for U.S. workers. On the other hand, the E-2 visa is bendier with that in mind and lets investment in any U.S. trade as long as the investment is substantial, and the investor has the contrivance to expand and administer the commerce.

So, choosing between the EB-5 and E-2 visas depends on diverse factors, including the investment amount, trade type, and investment objectives. While the EB-5 visa has a higher minimum investment requirement and focuses on job creation, the E-2 visa allows for investment in any type of trade and also has no minimum investment requirement. Despite the visa type, foreign investors can profit from the opportunities and advantages of investing in the US, and both visas will help you get citizenship in the US.

If you still have any queries, connect with our team, and we will be more than happy to assist.