Answer: Congress enacted the EB-5 immigrant visa category for aliens seeking to enter U.S. to engage in a commercial enterprise that will benefit the U.S. economy and create at least 10 full-time jobs. As a general rule, the immigrant must invest at least $1,000,000, although the amount may be $500,000 if the investment is made in a “targeted employment area.”
Question 2: What are the benefits of EB-5?Answer: If an EB-5 application is approved, the alien becomes a conditional permanent resident for 2 years. In effect, through his investment, the alien and his family can secure a temporary green card. After 2 years, the person and his family file to remove the condition. If he/she has satisfied the conditions, then he and the family will receive a permanent green card.
Question 3: Is there an exception to the requirement that I must create 10 full-time jobs for U.S. workers?
Answer: Yes. If you invest in an USCIS-approved regional center, you do not need to directly create 10 full-time jobs. The requirement of creating at least 10 new jobs is met by a showing that as a result of the new enterprise, such jobs will be created directly or indirectly through revenues generated from job creation. In effect, if you invest in USCIS-approved regional center, only a creation of a few jobs may meet the 10 job requirement because increase in a few jobs also leads to indirect job gains, the sum of which equals at least 10.
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