What is the EB-5 Visa?
- Marc Santamaria
- Mar 3, 2015
- 1 min read
The EB-5 visa (Employment-Based fifth preference category) provides a way for eligible foreign investors to become lawful permanent residents by means of investing in a U.S. business and eventually, acquire U.S. citizenship.
Investors can invest in a targeted employment area (TEA) which is a rural area or an area that has high unemployment, doing so will reduce the investment threshold to $500,000.
The applicants can choose to invest individually or they can work with a bigger pool of investors from a Regional Center, which are approved as third-party intermediaries that bring together the foreign investors with the developers, and take a commission.
Investors can also bring their spouse and unmarried children under 21 to the U.S.
Foreigners must invest anywhere between $500,000 to $1,000,000 USD in a U.S. business that creates at least 10 jobs.
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