The EB-5 Immigrant Investor Program, sometimes known as the grand old investment immigration plan of the United States, has been in operation for more than three decades. It is a fast track to US permanent residence (Green Card). The US Congress passed the initiative in 1990, and the United States Citizenship and Immigration Services is in charge of its administration (USCIS).
Throughout these formative years, the programme has undergone a number of adaptive adjustments, sometimes for the benefit of the government and other times for the benefit of investors in general. The program’s guiding principle hasn’t changed, though, and that is to draw foreign capital into the US economy with the goal of building infrastructure or expanding businesses and creating a lot of jobs for Americans.
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Because it provides the principal applicant and their immediate family with such a wide range of benefits, this programme is quite well-liked in this area. The people who qualify for this programme and receive a green card are eligible for a number of advantages, including the right to live, work, study, and retire in the US.
The US EB-5 programme grants the investor, the investor’s spouse, and any children under the age of 21 direct permanent residencies, which, after five years, can result in US passports. This is in contrast to the majority of the Golden Visa programmes of other nations, which only grant temporary residency.
Tangible and Real Benefits of Obtaining a Green Card
Applicants must make an investment of USD 8,00,000 to apply for this program. It is one of the approved EB-5 projects in the United States. Undoubtedly, the US is the best destination for students to pursue their studies. It provides rewarding and challenging career opportunities. Becoming a US green card holder will not just allow International students to live permanently but will also provide extra and real benefits to students.
As a result, a new trend has emerged in recent years whereby people apply for a green card through the EB-5 Program specifically in order to safeguard the future of their children, who may already be attending school in the US or are getting ready to do so.
Many times, parents designate their child as the principal candidate. The reason is that the youngster can make use of all the benefits of a green card in the event. In this regard, it is preferable to be proactive rather than reactive, given that students who attend US universities may desire to remain there after graduation, and they must obtain a visa.
Moreover, there is a huge investment to apply for the EB-5 program and also a certain way to acquire permanent residence for working and staying in the United States. It allows them to enjoy all the benefits and even compete at a fair level with other students in terms of education and employment opportunities.
Furthermore, EB-5 is a time-consuming process and at the same time, it is the safest and fastest option to obtain a green card. So basically, the plan ahead is to create more and more awareness of this program so the families can take the right and best decision for the future of the family.
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