Cuevas, Garcia & Torres, P.A.
contact Our Firm Today
877-801-4135

EB-5 visa gives business investors permission to live in the U.S.

Besides having a job waiting for you in the U.S., there is another way to gain permission to live in this country through benefiting the economy. Significant investment in a company or business venture in the U.S. can also lead to permanent residence status.

This visa is called EB-5, or Fifth Preference. To qualify, the applicant must invest at least $1 million in a new commercial enterprise, creating employment for at least 10 full-time U.S. workers. The U.S. Citizenship and Immigrations Services allows a minimum investment of $500,000 if the business is in a “targeted” employment area.

A targeted investment area must be experiencing unemployment at 150 percent of the national average, or a rule area specially designated by the U.S. Office of Management and Budget.

In addition, USCIS has a Regional Center program that may be ideal for a retiree or inactive investor. Under the Regional Center program, the creation of 10 full-time jobs is waived. Instead, the applicant’s investment must involve “indirect employment creation.” Thus, the 10 workers may be direct or indirect hires.

Because USCIS give priority to petitions going through the Regional Center program, it may be especially attractive to foreign investors looking to live in this country.

Obviously, the EB-5 visa mostly is for wealthy foreign nationals. But other options exist for those of more modest means, such as the H-1B and L-1 visas. A consultation with an immigration attorney can help clarify which type of visa is best for your particular needs and job prospects.

No Comments

Leave a comment
Comment Information
The Florida Bar | 1950 American Bar Association DADE County Bar Association | 1916 Orange County Bar Association Coral Gables Bar Association American Immigration Lawyer Association

Contact Us Today. Call 877-801-4135 or complete this form to schedule a consultation with our legal experts.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Offices Conveniently Located in Miami And Orlando
Google+ Facebook

Miami Dadeland Office
7300 North Kendall Drive
Suite 680
Miami, FL 33156

Toll Free: 877-801-4135
Phone: 305-461-9500
Fax: 305-448-7300
Map & Directions

Midtown Miami Office
3401 North Miami Avenue
Suite 209
Miami, FL 33127

Toll Free: 877-801-4135
Phone: 305-461-9500
Fax: 305-448-7300
Map & Directions

Orlando Office
801 North Magnolia Avenue
Suite 221
Orlando, FL 32803

Toll Free: 877-801-4135
Fax: 786-362-7127
Map & Directions

Email This Office