For those who want to be an American citizen, but they do not meet the traditional qualifications for gaining American citizenship, you may want to consider applying for an EB 5 investor program. You will need to have access to at least $500,000 so you are able to obtain the investor visa. It is important that you have this amount of money because you will need to locate an investment plan that will be accepted by US Immigration and/or Homeland Security. Fortunately, the program allows those who are looking to invest with citizenship through an EB 5 investor.
On another positive note, you can easily meet the requirements of the investment program if you are determined to become a respectable American citizen.
EB 5 Requirements
There are several requirements that you must be aware of before you begin the process of applying for the investor program. The first thing that you should know is that the American government requires that you only use legal money that can be verified. For example, your money must come from a source such as:
• Legitimate income
The immigration officials will require that you provide documentation that shows the source. You can submit paystubs, tax documents, deeds or title documents.
What Else Do You Need To Know?
Another thing that potential investors should know is that obtaining getting into this program does not automatically qualify you to become a citizen of the United States. This will only allow you to speed up the process of obtaining a green card, and then you will be allowed to become a citizen.
This visa allows investors to choose two different options based on the initial capital that is used. If you invest $1,000,000, you will be able to invest in opportunities that will allow you to create businesses that can employ other people. On the other hand, if you only invest $500,000, you will be limited in the types of investments you can have and the amount of control you have.
Regional Investment Projects
The immigration visa known as EB 5, along with the US government and states can work together to create employment opportunities while also helping boost the economy of the entire nation. However, these programs are best used in areas that have little development and high unemployment rates. Rural areas with little infrastructure and few amenities are the best options for the EB 5 investment program.
Another fact is that EB 5 investors can choose to live in any state they choose regardless of what state their investment is in.
If you want to choose regional investments, you should have the option to enter and leave the investment when you want to. You can also enter into new projects whenever you want to. You should keep in mind that the program is not as easy to enter into as many people think. This is why you should consult with an immigration attorney before you make the final decision on where to invest your money.
This way you will know your investment is being put to good use.