There are many reasons why investors want to live in America. Some foreigners have a lot of relatives in the U.S. and other threats to the request, kidnapping and terrorism in their country to escape. Others are motivated by issues of taxation or host just want more personal freedom with more opportunities to share their personal life. Many people want to go through training to make a career change or retirement, secure and stable environment.
One ofhow to stay in America legally to obtain "legal permanent resident," was commonly known as EB-5 Green Card Investment. The EB-5 Green Card Investment is the United States of America, the investment project by a $ 500,000 Regional Center financially to revive a certain geographical area. The investment must benefit the U.S. economy and create 10 new jobs to full-time workers authorized United States. When a foreign investor has a spouse and children under 21 years areautomatically included in the EB-5 green card. Five green cards available annually for foreign investors who want to live in America as a permanent legal residence, investing $ 500,000.
What is a Regional Center project?
There are 17 projects already approved Regional Center of the Americas. For example, a project in California and invests in commercial fruit trees, nut trees and vines for the domestic and export. AnotherProject is located in Vermont, and invests ski hotels, spas, shopping, restaurants and ski rental shop located in another project in New Orleans and is dedicated to investing in hotels, casinos and commercial fishing.
Each regional center of the project is committed to foreign investors with specific information on paper as a limited partner and deliver the expected dividends and risk. In exchange for $ 500,000, the Regional CentreProject require any investor verification of employment of 10 + employees offer made for the investment of investors and a receipt for the deposit of funds by investors. The foreign investor may request information from all 17 Regional Center projects before making an informed investment decision to vote on it.
You may have a specific project regional center?
A regional project for the center that was started in 1996, the Regional Center in Seattle. Itincludes the industrial area south of downtown known Seattle, Washington, commonly known as SODO. In 1996, the U.S. government has approved its proposal to use immigrant investor capital to buy, renovate and manage aging industrial properties and developments in the SODO area of Seattle, Washington.
Seattle Center by the Region, every foreign investor acquires a partnership in an investment company that holds specific rehabilitated and maintainedProperties. Indirect employment due to jobs created by elevating a previously underutilized property to more productive use. This particular project involves the purchase of low efficiency of gallery buildings mixed with the funds of foreign investors and their conversion into high-value real estate used as office space, retail and storage space. Investors participate as limited partners of limited partnerships, and can earn a share of monthly income (if any) in rent by the tenant, anda share of capital gains (if any) when sold.
How is the investor?
The investment in a regional project allows only for political participation as an investor in a limited partnership or limited liability company, a group of investors who have pooled their capital belongs. The day to day operations are not managed by private companies or other entities, foreign investors.
How much money are needed to invest?
In pursuing this type of EB-5Investment Green Card, a foreign investor will invest $ 500,000 in a Regional Center project, a low rate of return of between 0-6 per cent, can have depending on the profitability of the company. Sometimes a government agency, such as Regional Center Project, certified and sometimes is a private institution. The foreign investor may require regular financial information concerning the activities of the Regional Centre project, but have the ability to precisely control the businessOperations. The foreign investor will be stretched a substantial amount of money, but expect a huge potential risk of loss, you must choose carefully a draft regional center with a good track record.
How do I transfer funds in the U.S.?
Each regional center project has different methods and requirements for receiving funds for the service is better instructions issued before the transfer of funds to the United States. Reliable currencyCompanies are used for monetary transfers.
Do I have $ 500,000 before the government approved the EB-5 Green Card Investment Pay?
Yes, the government insists that the entire sum of money already invested and are "at risk" before EB-5 Investment Green Card application is filed. Moreover, many projects require Regional Center of $ 25,000 to set the other limited partnerships, and advocates of immigration lawyers charge a fee. The $ 500,000 is put in a rulePrestigious American Trust Company, while the green card application is pending.
to define American law, capital as cash and cash equivalents, equipment, stocks and other intangible assets. Stored can not count as capital gain. Debt, which may be secured by assets are considered capital investor if the investor is personally and primarily liable for the debts. Signed a bill that security is a personal fortune through the investor is aOf capital by the investor. All capital is the value in U.S. dollars, is currently valued data.
What are the sources of money are allowed?
The foreign investor can not borrow money for investments - investors have a large sum of money, the interest of the EB-5 Green Card Investment to invest eligibility, although other funding and investment rules and more sense. A contribution of money in exchange for bills, a tie, aconvertible bonds or other obligations is not considered an investment.
Assuming that the necessary capital can be provided, must show to the EB-5 Investor detailed documentation that the source of funds is legal (like all tax returns filed personal and business around the world for the last five years). Investors are permitted to accept a gift from a family member, but sometimes prove a gift tax reporting, and must demonstratewhere donors will receive the gift money before. If the funds were acquired by the spouse investor must demonstrate to the investor, if the spouse has received. Sometimes transfers from a common account of men and women could not be used as a valuable source of money, unless the foreign country to recognize the concept of community property.
How does the investment to benefit the U.S. economy?
The investor must show that theRegional Centre project is the supply of goods or services from investment activities towards the U.S. markets. For example, if a Regional Center Project for customers outside the United States without the benefit of returning to the U.S. economy would not be good for the U.S. economy can be seen.
10 And the new jobs?
In terms of job creation aspect, the foreign investor must prove that the company not less than 10 full-time (35 hours per week) to generate jobs within two years. Thisimportant for investors the opportunity to understand the relationship of economic analysis of a regional project for its vision of the situation, as in the actual creation of 10 new jobs is to check. New jobs by an independent contractor or an investor and his family, however, are not counted.
How long does it take? Why are there two steps?
Investors must go through two phases, (1), first in a conditional green card, and (2) get a second green card withoutConditions. In close collaboration with the Regional Centre project staff, the public prosecutors and immigration leading investor in each of the two phases.
Step one is to complete the package prepared by EB-5 Immigration Attorney and the U.S. government. The processing time for the government's revised package of EB-5 is six months or more. Assuming that the package is approved EB-5 is available, a request to interview the investor shall be made in the USAEmbassy in their country of origin, we want to take about nine months. If the investor is already in the United States, not to their country of origin to the U. S. Embassy detained for their interview, is the United States. Sometimes the cause is a delay if there is a problem with the FBI (Federal Bureau of Investigation) background security check. So, overall, the computation time to get through Step usually 15-24 months.
Then theConditions on the first EB-5 Green Card is removed and a "permanent resident real, the investor has to complete phase two files and another package with the U.S. government at the end of two years. In close collaboration with staff from the Regional Centre Project, Immigration Attorney prepared again and made the second set of documents. Two stages of processing takes usually a year, because the government usually requests more information than is filed (no matter howsubmitted!).
When the investor of the second package, the government is a receipt issued for the automatic extension to the investor (and family) status and allow him to stop and re-enter America without problems. Often, time from beginning to end of five years. During this time, the EB-5 from Global Investor U.S. Government on their income (not just the income from investment is taxed U.S.).
When I have to pay legal feesand capital spending?
Generally, immigration lawyers call that their support at the beginning of each step to be paid, and if the alien changes their mind in the middle of a step, a partial refund may be appropriate. Besides the aforementioned $ 25 000 fee charged by many regional center projects that most require an initial deposit of $ 50,000, to pay the balance of $ 500,000 within 90 days.
It is the EB-5 Green Card provides investment?
TheImmigration attorney nor the draft Regional Centre, the authority must give assurances regarding the issuance of investment EB-5 green cards. The foreign investor must analyze the curriculum of each Regional Center project carefully to determine the certainty of success, so as to achieve the supply of green cards and make a profit. It 'important that investors in a blocked account repayment clause in force for a refund when the green card is not approved. After two steps of processing the green cardcompleted, the Regional Centre project should be an option to pay the capital returns to investors who no longer want to remain a limited partner. Investment periods vary, but not before the end of the permanent Green Card by the investor.
When you cancel the EB-5 Green Card Investment Law?
The draft Regional Centre was established by Congress as a pilot program to the level of interest of foreign investors has invested $ 500,000 in exchange for an EB-5 investment based onGreen Card. Have not yet used all of the 5000 EB-5 Investment Green Cards every year set aside for foreign investors. For example, during 2008, only 1,017 applications were submitted. The Green Card Program EB-5 investment is executed 6 March 2009, but a U.S. congressional bill called HR 5569 is currently pending to extend the program for five years until 2012.
What do I have before?
A foreign national who is interested in investments in exchange for an EB-5 InvestmentGreen Card should continue the services of an immigration lawyer's reputation in America, preferably one that is a member of the American Immigration Lawyers Association (AILA). Immigration attorney is working for the investor to obtain information from the regional center projects, so that he make a decision on what best to assist. After the foreign investor decides to invest a draft Regional Center, Immigration Attorney, the foreign investor from the leadershipInvestments and EB-5 Investment Green Card application process.
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