EXPEDITED WAY TO OBTAIN A U.S. GREEN CARD AND U.S. CITIZENSHIP
The time it takes to receive a green card through the EB-5 program is considerably less than the time it takes to receive one through employment and family-based green card programs.
NO SPONSOR NEEDED
Foreign investors do not need sponsorship from an employer or family member who holds US citizenship.
Investing through a regional center in a project located in a Targeted Employment Area allows for an investor to meet the requirement of the EB-5 program with an investment of only $500,000.
There is an opportunity to apply for U.S. citizenship after 5 years of having a green card.
There are no language, business, or education requirements for applicants. Investors that receive a green card through the EB-5 program are permitted to work and live anywhere in the U.S.
Investors that receive a green card through the EB-5 program can travel to and from the United States without a visa.
After you establish residency in the United States you and your children may be able to attend colleges and universities and pay the reduced tuition rates that are available to United States residents.
Investor immigration programs can be helpful for staying in the U.S. after college, but that is only a small part of the story. The American education system lures many families to immigrate to the U.S. through opportunities like free public schooling and preferential admission at many institutions. The American EB-5 program requires an at-risk minimum capital investment of $500,000 for the duration of the immigration process, which is generally returned in four to five years. Four years at a U.S. private high school costs an average of $60,000, so Permanent Residency can save investors significant amounts of money on tuition for their children. Colleges are no exception, as public universities subsidize residents’ costs. UC Berkeley, for instance, costs an additional $100,000 over four years for non-residents. This bill can be significantly reduced for families enrolled in the EB-5 program.
In addition to financial benefits, immigrants enjoy a number of advantages over international students and non-immigrant workers, including better access to jobs, healthcare, loans and mortgages, investment, and mobility. Most importantly for many immigrant families, Permanent Residents have greater access to educational institutions, including private colleges. Amherst College, a leading private liberal arts institution, accepted only 4% of international applicants, as opposed to a 16.5% acceptance rate for U.S. residents in 2015. Even UC-Berkeley, known for high international acceptance rates, accepts only 10% of international applications as opposed to nearly 20% of domestic applications. Most American universities limit their international students to 10% of the gross student population.
After graduation, most students are provided a one-year period, called Optional Practical Training (OPT), in which non-resident legal immigrants can practice the skills they learned in college if they can find a job opportunity. After OPT for non-residents, options for legally staying in the U.S. are limited to going back to school, obtaining an increasingly elusive work visa, participating in investor immigration, or marrying a US citizen. Unfortunately, many employers aren’t willing to hire non-residents due to security constraints or the unreliability of the currently inadequate H-1B work visa program. Many recent college graduates who do not hold U.S. citizenship cannot find qualifying employment opportunities, because jobs must be directly related to the candidate’s field of study. In the case that non-residents do find a qualifying job, fewer than 30% of applicants are awarded a work visa due to the H-1B cap random selection process, known by many as “the lottery.”
Achieving U.S. citizenship through the EB-5 program eliminates the need to participate in a “citizenship lottery” and guarantees that qualifying students and their families can legally obtain resident status. Rather than immigrating to the United States in order to obtain a degree and then being forced to return to country of origin, with less job opportunities, children have the option of achieving legal resident status in the United States and reaping all of the associated benefits if their parent participates in the EB-5 program.