The US music industry has showcased the dreams and life of Americans through various songs by various singers. James Brown’s 1985 song ‘Living in America’ showcases American pride in the country’s progress and prosperity, while ‘Party in the USA’ sung by Miley Cyrus highlights the experience of living as an American.
The United States of America has traditionally been the most desirable destination for most foreigners around the world. Many foreigners wish to immigrate to the United States and obtain permanent citizenship for this reason, among others. For young professionals looking to advance their careers, entrepreneurs seeking a thriving startup ecosystem, and students seeking high-quality education, the USA is a great choice.
The EB-5 visa is one route for foreigners to obtain U.S. citizenship. A clear route to obtaining a green card—which can result in permanent residency and U.S. citizenship—is provided by this visa program.
To qualify for the EB-5 visa, foreigners must invest $800,000 in a Targeted Employment Area (TEA) or $1,050,000 in other areas. They also need to create or keep at least ten full-time jobs for American workers.
Within six to eight months of applying for the EB-5 visa, applicants are able to work, operate businesses, and travel abroad. Unlike H-1B visa holders, who are limited to working for certain employers, green card holders are able to work in any job in the United States.
Compared to other work visas that need employer sponsorship, such as the H-1B and L-1, the EB-5 visa offers greater independence and flexibility. For companies wishing to expand their enterprises and get into the U.S. market, it’s a compelling choice.
An excellent choice for permanent residency in the United States, the EB-5 visa also benefits people who must wait a lengthy time for other kinds of visas.
Concurrent filing is permitted under the EB-5 program, allowing applicants to petition for Adjustment of Status while obtaining work authorization and remaining in the United States.
With this visa, investors can become conditional permanent residents after 18 months of submitting the I-526 petition, the initial stage in the EB-5 procedure, which expedites the green card application process.
Family inclusion is a top priority for the EB-5 program, which allows primary investors to get residency for themselves, their spouse, and any unmarried children under the age of 21.
The Adjustment of Status process is beneficial for those already in the U.S. on temporary visas, allowing them to switch to permanent residency without leaving the country.
All things considered, the EB-5 visa provides an easy application process and instant advantages for residing, working, and visiting the United States. For investors looking for security and the opportunity to realize the American dream, it’s a viable option for wealth individuals.