What Should You Know About Investing In Commercial Real Estate As An Immigrant?

Written by Posted On Friday, 13 March 2015 22:41

A foreign citizen and the entire family can move to the US as a permanent lawful resident. The children and the spouse will be allowed to attend school and work, even being able to buy real estate properties. The only problem is that there is a need for a visa, which is sometimes difficult to obtain. There are many that can help you, like Vladislav Salaridze (immigration attorney). A professional can give you access to all the information needed to go through the process successfully and even find suitable investment opportunities.

The EB-5 Immigration Investor Visa

This is one of the employment based visas available in the US, created in 1990. It is available to all the immigrants that want to enter the country with the purpose of investing in new commercial enterprises that are to benefit the US economy. At the same time, the business should create a minimum of ten full time jobs. You can invest in 2 ways and obtain this visa: investing in a business that is troubled or opening a new enterprise with a commercial purpose.

Eligibility

In order to qualify, the investor needs to:

·         Be in the process of investing or invest a minimum of one million dollars. If you want to target the employment area, your minimum investment need drops down to $500,000.

·         Build something that would benefit the economy of the country by offering services or goods to markets in US. There is proof of that needed.

·         Full time employment for a minimum of 10 citizens has to be created. This does include Green Card holders, US citizens and individuals that are authorized by law to work in the country. This does not include your family or you.

·         The visa holder has to be involved in the management process of the new company or alternatively manage everything through the formulation of business policy. As an example, the holder can be a board member or a corporate officer.

The law defines targeted employment area as being an area that did experience high unemployment of a minimum of 150% when compared with national average or a rural area.

About Dependents

The unmarried children under 21 and your spouse is going to be admitted in the country together with you. The conditional period is of 2 years. Then, you would file an I-829 petition in order to remove extra conditions and be approved. That means that you get lawful permanent resident for the children and spouse, allowing them to attend school or work in USA.

 

Keep in mind that this is not at all an easy visa to obtain. The paperwork has to be perfect and the fact that you have the money to make the investment does not actually mean that you are guaranteed to be accepted. It is really important that you take the necessary time to find a professional that can actually help you to get everything in order. That will drastically increase the possibility of receiving the visa, which is exactly what you want. 

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