Opportunity

EB-5 visa classification by United States Citizenship and Immigration Services

Created by Congress to stimulate and promote economic growth, the Immigration Act of 1990, the EB 5 investment immigration program offers a fast-track route to the US green card to applicants fulfilling the prescribed investment and job creation requirements.

As an addition to the traditional EB5 program, the Immigrant Investor Visa Pilot Program, enacted in 1992, offers foreign investors applicants the option of qualifying for the visa through Regional Centers investments. Setup as an alternative to the direct investment option available under the ‘traditional’ program setup in 1990, this temporary program has received numerous extensions.
The EB-5 visa has become an extremely popular visa, even amidst a lot of uncertainty about potential upcoming changes. A major reason so many people are applying for the EB-5 visa is that there is currently no backlog. Through this visa, you can expect to have a green card within two years. This is a significantly shorter time than other visas such as the EB-2 and EB-3. This visa also doesn’t have a lottery system, which in some cases has caused people to wait around 10 years to receive their visa.

The EB-5 visa is seen as easier to obtain because it has far fewer requirements that other employment-based visas. 

Investors have two choices when it comes to their investment, they can either invest through the Regional Center program or through a New Commercial Enterprise (NCE). Many investors decide to invest through the Regional Center program because it’s simpler and quicker than starting their own business. Through the program, you pick a project that interests you to invest your money into. This is advantageous for the investor because the program usually wants minimum involvement from the investor, and because 10 full-time jobs can be created indirectly.