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Eb-5 Visa Rules And Regulations This November

EB-5 Visa Investor Green Card The EB-5 Visa allows for any immigrant seeking permanent residency in the United States, a very unique path to US citizenship. The ability to apply immediately, for as long as required financial means are met, make this a very viable, and virtually deny-proof, method to gain eventual US citizenship.Key Features: • No daily management requirements for business and employee operations • No travel restrictions • No sponsorship requirements • No ability or educational requirementTo be considered an EB-5 investor in Seattle, there is only one (1) path to take: • Invest a minimum amount of $500,000 in Seattle ◦ The amount of $500,000 should be free of transfer charges, commissions and other related transaction fees ◦ The invested capital should come from any legal source such as:  Gifts Loan Inheritance Sale of Property ◦ Investment should aimed to help a Targeted Emplyment Area(TEA) Should generate minimum of 10 direct or indirect employment opportunitiesTargeted Employment Area (TEA) is defined as an area which has experienced high unemployment rates.Benefits of being an EB-5 Investor in Seattle: • Capability to live, work, attend school and retire anywhere in the United States, despite the investment being in Seattle • Spouse and children under the age of 21, must be unmarried, receive their own EB-5 Visas • Allows for multiple entry and exit to and from the United States, • American Citizenship option after five (5) years of stayEB-5 Visa Process and Guide The EB-5 Visa Process in Seattle has been simplified to create a viable option for attaining your very own US Green Card. The process only involves five (5) steps, but should be reviewed carefully: 1. Register and Review Investment Materials ◦ Various projects are available in Seattle, and it's the investors’ responsibility to select which one he/she would like to invest in. 2. Invest and file I-526 Petition ◦ Through the submission, and grant, of the I-526 petition, the investor will be granted a temporary green card, the approval process takes 15 months 3. Enter the United States within 180 after approval ◦ The investor and his/her affected parties must enter the United States within the alloted period of 180 days, or else the temporary green card grant will expire ◦ Temporary Green Card validity is two (2) years, and starts upon entry to the US 4. Submit I-829 Petition ◦ The investor must submit the I-829 Petition, within 21 to 24 months after entry to the United States. The importance of this document is that it removes all restrictions, previously given through the issuance of the Temporary Green Card, thus enabling the EB-5 Visa Holder and all parties involved to enjoy the benefits of being a Permanent Green Card holder 1. USCIS takes 17 months to validate, process and approve I-829 petitions 5. Live freely anywhere in the United States ◦ U.S. Citizenship can then be applied after 5 years stay ◦ Enjoy the benefits of being a United States Citizen

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EB-5 Reforms For September

Implemented with the aim of encouraging foreigners to invest in the American corporate market and increase the growth of the economy, this program has become one of the most controversial ones. Foreign citizens get a chance to become permanent citizens of America in exchange for their investments. The investment has to be worth at least a million dollars and be able to hire at least 10 jobless Americans. In some cases, an EB-5 immigrant investor can put up $500,000 so long as they hire more workers that are American. Although these investors have the opportunity to start a business as a single entity, they can also collaborate with other approved businesses. Although this program has many benefits to the participants, others have also resorted to exploiting it leading to the controversies.

The high rate of fraud activities involved in the program has led to the many attempts at reforms. This has however, proven to be a challenge with every attempt being unsuccessful. Although many reforms have been attempted over the years, they all have the same objective, which is to identify and penalize fraudsters while ensuring economic growth. One of the reforms involved paying fees annually to help with site visits and federal audits in order to identify fraud in time. This didn’t work out as it was discovered that some wealthy people were still taking advantage of the program to invest in suburb areas rather than investing in the poor rural areas to create jobs there. 

After so many unsuccessful attempts, the program is facing another challenge with the latest reforms expected to end in the end of September, even with some people wanting it to be sooner. Unlike previous attempts, this time those responsible expect to keep up the negotiations and reach a common ground and make a deal in the next couple of months. The most important issue that the law makers can’t agree on is whether the EB-5 program should help rural areas and those living in distressed conditions exclusively, or whether it should be allowed for wealthy people to exploit it by investing in expensive hotels and residential places.

Unlike other visa programs, EB-5 doesn’t restrict travel to the country of origin and education levels, while giving chance for permanent residence in the United States. Potential eb-5 Seattle investors can access approved institutions that will help them understand the rules surrounding the program and how to ensure they get maximum benefits from it. These bodies give the necessary support that can help increase your chances of getting approval and managing your investments.

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Eb-5 rules and regulations this August

For those foreign Immigrants who plan to invest and settle in the United States of America, the EB-5 visa program is certainly the best way to go. A single visa application entitles you to green cards for your spouse and children, those below twenty-one years of age, sons or daughters. Also, it gives one the freedom to reside anywhere in the US, not necessarily where your EB-5 investment is. With this program, you also have the grand privilege to freely venture into any number of businesses, on top of paying same rates as in-state residents for a college education. The program puts no restrictions regarding the immigrant’s age, the level of education, years of experience in business or language.However, all these benefits are certainly subject to certain terms and conditions. The latest four rules and regulations in EB-5 visa program this August include:

1.   This visa program is only available to those US immigrants who aim to invest at least half a million dollars in a Targeted Employment Area that will create at least ten full-time jobs, thus benefitting the U.S. economy. Outside the Targeted Employment Area, the threshold is one million US dollars. Targeted Employment Area here refers to a rural area or an area that has experienced high unemployment of at least 150 percent of the national average. This is meant to encourage investors to set up their trade in these low employment areas.

2.   This investment that you intend to make must benefit the U.S market. This simply means the services or goods you offer should be to the US markets and not foreign markets.

3.   The investment must employ on the full-time basis a minimum of ten U.S. workers. In this category are U.S. citizens, Green Card holders (those that have lawfully gained permanent residence) and any other individual with legal rights to work in the United States. The minimum ten does not include you, your spouse or even your children.

4.   The immigrant must be involved in the day-to-day management of the new business. This does not necessarily mean your daily physical presence is required. Management can be in form of formulating business policy, say as a corporate officer or as a member in the board of directors. Other visas require the immigrants to manage daily business operations and the employees.

Abiding by these EB-5 rules and regulations this August entitles you to a permanent green card, obtained through a simple three step process. First of all, you should register and review the investment offering materials. Second, make capital investment and file petition 1-526. Then, lastly file 1-829 petition.Once all the requirements have been approved by USCIS, you have your permanent green card, with no travel restrictions in and out of your country.

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Latest EB-5 Visa Rules

Latest proposals made on the EB-5 visa sought to increase the minimum investment for all the entrepreneurs investing in many business enterprises that create many than full-time jobs. This took place recently after this controversial program issuing green cards to the alien entrepreneurs proposed to make these changes, associated with a number of uncertainties.

The Department of Homeland Security proposed an increment of the minimum investment amount needed for EB-5 program from $500,000 to $1.35 million in the target employment area. The proposal further suggested to increase minimum investment for low to average unemployment areas from $1million to $1.8 million.

This proposal also sought to make changes on how TEA (Targeted Employment Areas) should be determined. The state currently has all the authority to define TEA, which the Department of Homeland Security has suggested to take up as one of its tasks.

Responses

These rules have had both positive and negative responses. For instance, regional centers and developers got worried that the increase would dampen the demand.

Also, the program has faced criticism for doing so little to end fraud as well as failing to stimulate the growth of jobs in areas that are economically-blighted. US Citizenship and its Immigration Services has increased the staff and random visits as a result of several agencies opting to step up oversight. The government also stopped all regional centers that failed to meet these requirements. The SEC filed fraud charges in many cases related to EB-5.

The EB-5 program has continued to encounter numerous uncertainties but at least there are possibilities of making some changes to the program.

The program continues to face several uncertainties as there is hope that some changes are likely to be done on the program.

EB-5 is the leading residency program in the world in terms of popularity. Despite these changes, it is less inexpensive compared to other similar programs in countries like UK, Australia, and Canada which have higher investment requirements ranging from $1 million to $5 million.

As estimated by USCIS, since 2012, US economy has had at least $8.7 billion invested in its economy while 35,150 jobs have been created within the same period through the EB-5 program. The average number of green cards issued by the program annually is 10,000 with 90% of all applications coming from China.

In a nutshell, the EB-5 program is worth investing in despite the recent changes made on it. This is because it is comparatively cheaper than most countries.

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EB-5 Investment Program And The Visa Requirements

EB-5 Investment Program Seattle Wa visas offer refugee investors the most flexible path to permanent lawful U.S. citizenship and residence. It gives foreign citizens a chance to acquire a U.S. green card in return for making a job-generating venture in the United States. For one to be entitled to the EB-5 investor green card, one is required to invest the required capital and show a legal source of finances.

Advantages of EB-5 Visa Program EB-5 visa program offers quite some pros, and they include: • A chance to diversify your asset portfolio in the U.S. • It provides green cards on a single visa application for you, your partner and any child under the age of 21. • There is access to United States college learning at equal cost the residents pay. • One has the choice to become a U.S. national about five years soon after getting a temporary green card. • Irrespective of the location of your EB-5 investment, there is liberty to reside, work and retire wherever you want in the United States.

EB-5 Visa Requirements EB-5 visa program is available to immigrants looking forward to entering the states so as to invest slightest $500,000 or $1,000,000 in a targeted employment region which will be an advantage to the U.S. economy and create some full-time employment. At first, there were two investment options in EB-5 category, and they include: troubled business and new commercial enterprise. Requirements for New Commercial Enterprise To qualify you should: • Involve yourself in day to day running of the new business or unswervingly supervise it through formulating business strategy. • Benefit the U.S. financial system by providing products or services to U.S. marketers. • Generate full-time employment for up to ten United States personnel which include Green Card owners, citizens and other people who are legally authorized to work in the U.S., although it doesn’t include one as an immigrant or next of kin. • You must be investing or in the process of investing a minimum of $1,000,000 but if your venture is in a chosen Targeted Employment, then it should be $500,000. American Life Inc. Services American Life, Inc. collaborates with you to: • Converse investment opportunities and give complete answers in an understandable language. • Assist and guide you throughout the speculation and green card procedure. • Recommend qualified immigration attorneys who focus on EB-5 saver visas. • Coordinate the immigration procedure to maximize your chances of getting EB-5 visa. • Carefully control your investment to give profit and lasting growth.

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EB-5 Investment Program Seattle And The Procedures.

EB-5 Investment Program Seattle Wa visas offer refugee investors the most flexible path to permanent lawful U.S. citizenship and residence. It gives foreign citizens a chance to acquire a U.S. green card in return for making a job-generating venture in the United States. For one to be entitled to the EB-5 investor green card, one is required to invest the required capital and show a legal source of finances. Advantages of EB-5 Visa Program EB-5 visa program offers quite some pros, and they include: •  A chance to diversify your asset portfolio in the U.S. •  It provides green cards on a single visa application for you, your partner and any child under the age of 21. •  There is access to United States college learning at equal cost the residents pay. •  One has the choice to become a U.S. national about five years soon after getting a temporary green card. •  Irrespective of the location of your EB-5 investment, there is liberty to reside, work and retire wherever you want in the United States.

EB-5 Visa Requirements EB-5 visa program is available to immigrants looking forward to entering the states so as to invest slightest $500,000 or $1,000,000 in a targeted employment region which will be an advantage to the U.S. economy and create some full-time employment. At first, there were two investment options in EB-5 category, and they include: troubled business and new commercial enterprise. Requirements for New Commercial Enterprise To qualify you should: •  Involve yourself in day to day running of the new business or unswervingly supervise it through formulating business strategy. •  Benefit the U.S. financial system by providing products or services to U.S. marketers. •  Generate full-time employment for up to ten United States personnel which include Green Card owners, citizens and other people who are legally authorized to work in the U.S., although it doesn’t include one as an immigrant or next of kin. •  You must be investing or in the process of investing a minimum of $1,000,000 but if your venture is in a chosen Targeted Employment, then it should be $500,000.

American Life Inc. Services American Life, Inc. collaborates with you to:

•  Converse investment opportunities and give complete answers in an understandable language. •  Assist and guide you throughout the speculation and green card procedure. •  Recommend qualified immigration attorneys who focus on EB-5 saver visas. •  Coordinate the immigration procedure to maximize your chances of getting EB-5 visa. •  Carefully control your investment to give profit and lasting growth.

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DO EB-5 VISA RULES HELP FUEL INVESTMENTS?

The EB-5 Visa is a very interesting program indeed, designed originally in 1990 to potentially augment the United States economy by way of creating new jobs and foreign investment. Today, it is the only program which grants permanent residence to those foreigners who have the capital to, essentially, pay for their admission into the Unites States, thereby granting them a green card. How does this work? A potential investor must have one million dollars to put down, so to speak, as a first move, though that figure may be reduced to $500,000 if the investment is used to construct something commercially located either in a rural area or in a TEA, or targeted employment area. These are places like certain locations in Seattle, Washington, where EB-5 investment is on the rise. These areas are known for displaying high levels of unemployment and economic downturn. Another key regulation is that the target goal would be to create at least ten jobs.

If approved, the residence is then granted for a period of two years, on a conditional status, which is reviewed after that time period has passed. If all goes well, permanent residence is granted unconditionally. There are ten thousand EB-5 visas made available every year and many of them are being issued to those foreigners who wish to make in investment in commercial property located in Seattle, Washington, an area much like Detroit, who has seen its fair amount of poverty and economic wasting. Places like Seattle are perfect for this kind of investment, being the home to the fifth largest population of overseas EB-5 recipients in the nation.

This kind of setup is certainly a recipe for extreme success as well potential failure, as is any large-scale business venture. A recent study, made possible by the EB-5 agencies, researched many different levels economic growth and development. They deduced that billions are contributed to the United States economy every single, is directly contributing to the creation of approximately forty thousand jobs. Generally, the United States government allows states like Seattle to choose what it means to be “economically depressed”. That means that they allow each state to dictate amounts and levels in order to better fund their own needs within each municipality. Washington takes advantage of this by defining their levels and rates of poverty and unemployment by looking at smaller samples within communities, rather than the state as a whole. This way investment in Seattle, Washington seems like more of a need, making it more attractive to foreign investors. In conclusion, although the EB-5 visa seems like a great idea for some, it is only for a lucky wealthy few. The actual outcome for the general population is yet to be seen.

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Will 2017 give reforms to Eb-5 investment rules?

During the campaign period, the country has been bombarded by the planned Mexican wall proposed by Trump and the deportation of millions of immigrants with expired visas. The indication is that the new government will change many of the immigration policies in the country. What most investors are questioning is what will happen to the Eb-5 investment program.

The Eb 5 Visa program has been around since the 1990s. With 500,000 dollars minimum investment, a foreigner can be granted a visa, but the venture must provide ten or more American jobs. However, the Republican-dominated Congress passed the Public Law 114-254 that pushes program until 28th April 2017.

This was quite the reprieve for most investors, but the status quo will change under the Trump administration. There are many changes that have already been made or that Congress is debating that will change the eb-5 investment program.

Eb-5 investment changes for 2017

1. Fee increments

As of 23rd December 2016, the USCIS is charging higher fees for petitions and applications. The largest increments are under the I-526 and the I-924 petitions and applications. The alien entrepreneur immigrant petition (I-526) has had a 145 percent increase while the application for designation in a regional center (I-924) has been increased by 186 percent. These increments are expected to ensure that only serious candidates apply for the Eb-5 Visa program.

2. New policy changes

On 14th December 2016, the USCIS implemented changes to the Part G policy manual. Some of the changes include the requirement for all previous projects to submit previously approved documentation. One of the new criteria that will be assessed is the use of loan proceeds as capital under PM 6G chapter 2 (A).

Similarly, the approved projects need to provide evidence for both direct and indirect employment opportunities created. Economic models will be used to assess the impact of the indirect job creation under the PM 6G Chapter 2 (D).

Furthermore, the regional center petitions will now be filed using the I-526 as opposed to the previous I-924 forms. However, the petitioners need to provide the most recently issued approval letter during the petition under the PM 6G chapter 4 (A). The US immigrant visa Seattle region will require all Eb-5 Visa holders to provide proof that they have the prerequisite qualifications.

More regulations are expected to be passed in the next few months. However, these regulation changes are already in effect in 2017. It seems that even though Trump has promised a war on immigration, it is not the blatant deportation that the media purported.

The regulations make it harder for foreigners to get visas using false documentation and ensuring that for every visa granted using the Eb-5 investment program the working class American benefit from jobs and capital injection into the economy.