Important Aspects of the EB - 5 Visa!

The EB - 5 Visa meant for immigrant investors who- Submitting the rights documents is the key to attaining
would want to establish a business as well as livea permit without any hassles. There is a lot of paper
permanently in the United States. The key purpose ofwork involved which needs to be finished and
this visa is to develop the economy of United Statessubmitted for the procedure to get going. By doing this,
by encouraging foreign entrepreneurs to create jobs inthose documents which have to be acquired from the
the local market.various authorities could be obtained. This would
In order to apply for the EB - 5 visa, an application hasensure avoidance of late fees or any form of delays.
to be submitted with the US Consulate. The key stepsThe various documents include financial statements,
in the application process are as follows:certifications for self and dependents.
- It is important to have the relevant amounts to invest.- Contact an experienced immigration and visa
The applicant has to invest a US$ 1 million in a freshconsultant who deals with EB - 5 visas. Any form of
venture or in an already business. This business shouldlegal representation is strongly advised since it involves
create a minimum of ten new employmenthigh amounts of money being invested. Also, the
opportunities. However, if invested in a designatedprocess for immigration is highly bureaucratic which
Regional Center or in a region short of employmentrequires experienced guidance.
opportunities, then the applicant is permitted to investThe above fours are the major phases that have to
only US$ 500,000.be addressed first in order to invest without
- The investment should be made in an appropriatesuccumbing to fraud or foul play. However, the
business which would ensure returns. There areapplicant must ensure that he too has done his
specific who offer consultation services in identifyingbackground check on every aspect of the procedure
the right business opportunities for investors. With this,without relying on external advice only.
the entrepreneurs are provided with an option of eitherAll in all, immigration is one of those few decisions
starting a fresh venture or investing in an alreadytaken in life in which the amounts of stakes are very
existing business. They can also contribute to ahigh. Thus, it is important to measure and correlate
Regional Centre.each step before actually stepping on it.