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Do you qualify for an EB-5 investor visa?

As administrators of the EB-5 program, the federal Department of Homeland Security establishes protocols for the proper processing of stakeholder communications.

"EB-5" is the nickname for the Employment-Based Fifth Preference Immigrant Investor Program. The protocols play a critical role in the agency's mission for ensuring that the program is administered with integrity. Begun in 1990 by Congress as a stimulus for the American economy, it promotes both capital investments and job creation by "alien investors."

These investors are provided with opportunities to attain legal permanent residency status in the U.S. for not just themselves, but also for their families. Spouses and unmarried minor children qualify as well when these investors make specific amounts of capital investments and either preserve or create American jobs.

Under provisions of the program, immigrant visas are made available to those foreign nationals willing to invest the minimum sum of $1,000,000 or half that when the investment is made in a targeted area of employment (e.g., regions considered to be rural or where there are high unemployment rates). Investments must be made in businesses in the U.S that are newly created or classified as "troubled businesses."

The regulations mean that no fewer than 10 full-time positions will be available for either U.S. citizens or those immigrants who are authorized to work here.

EB-5 visas are allocated for investors in designated regional centers with jurisdiction over limited geographic areas. Concentrated, pooled investments in specific economic zones defined as "any economic unit, public or private, which is involved with the promotion of economic growth, including increased export sales, improved regional productivity, job creation, and increased domestic capital investment."

The process can be daunting for those who are unfamiliar with the process. An Arizona immigration law professional can provide assistance and advice during the process.

Source: U.S. Department of Homeland Security, "Ethics and Integrity: Protocols for Processing of EB-5 Immigrant Investor Visa Petitions and EB-5 Regional Center Applications,Including Stakeholder Communications," accessed May 20, 2016

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