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February 28th, 2011 |
There are a number of benefits in obtaining an EB-5 visa, these include –
- Legal permanent residents admitted through the EB-5 Investor visa enjoy many of the benefits of United States Citizens. Permanent residency requires no renewal or re-application. Other U.S. non-immigrant visas, such as E-2 and H1, often never result in permanent residency, have time limits, and require additional filing with USCIS the Department of State and can require travel to the US consulate in your home country every few years. Furthermore, U.S. immigration laws could change and prevent future approval when visa renewal becomes due.
- The United States is considered by many a safe haven for their family. Any member of the family granted a Green Card can come into the U.S. at any time and stay as long as they wish (subject to certain conditions regarding length of time when they leave the USA).
- EB-5 investors have constant easy access to the United States for personal and business purposes.
- Permanent residents can travel to the U.S. without the need of a visa. (they will need their green card) EB5 Investors may live, retire work, or own their own business anywhere in the United States.
- The U.S. has internationally recognized colleges and universities for both basic education and graduate study. These do vary enormously so it is worth seeking professional advice on this point. As a resident the EB 5 investor can benefit from lower tuition costs, particularly in your state of residence.
- The cost of living in the U.S. is often considered lower than other industrial nations. Consumer goods, services, and housing can be considerably less expensive than comparable goods and services in many other countries.
- Students may work in the U.S. while they attend college and thus help to offset tuition costs. They may also continue to work after graduation.
- The U.S. provides many financial, social and education entitlements: public schools, education and, after a period of contribution, medical and social security benefits.
- The investor has the ability to bring other family members to the U.S. and obtain U.S. citizenship – after 5 years.
More details on the EB-5 visa and green card are available from EB-5 Visa Experts where, If you are considering the EB5 visa, you can get a free evaluation of your case by a leading immigration attorney.
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Tags: benefits, citizens, citizenship, eb-5, green card, investors, permanent residency, students, united states, uscis, visa Posted in Immigration | No Comments » |
May 17th, 2010 |
 Is the EB5 investor visa your best option?
For the past five years we have been working with families from many countries looking for a visa that provides them with the opportunity for permanent residence. Multiple families we have worked with have invested $500,000 in a regional center program and opted for the EB-5 immigrant investor visa. The feedback from these families, who have settled in many different areas of the States, proved invaluable in our book Green Card via the Red Carpet.
We were recently asked by a leading immigration publication to give our views on the EB-5 program, specifically taking into account the needs of the immigrant investor whose first language may not be English. As first generation immigrants ourselves we have seen our families grow up in America and remain concerned that some of the information provided on the EB-5 programs by attorneys, consultants, and regional centers, may cause problems for families, after they have moved to America.
One of the problems is the amount of information that is now available on the EB-5 programs. Although there seems to be a mass of helpful information available on the program research we have carried out shows some of it may be a cause of concern for the unwary family particularly if they have not carried out research into the background of the adviser. For example, how many families have they actually (successfully) worked with on the EB5? How many regional centers have they successfully processed investors through? Can they put you in touch with a number of families they have worked with? Have they actually visited a significant number of proven regional centers? Have they been barred by a regulatory board and/or commission from practicing in certain areas?
Given our own experiences, we cannot emphasise enough how important these points are, and with reference to visiting the regional centers, we mean spending several days at the center looking behind the scenes to see what is actually going on. We believe the importance of visiting and investigating regional center programs is critical to provide detailed information to families considering the various regional center programs and in undertaking research for our follow up book we are carrying out further in-depth visits as well as talking to our successful clients who have invested in various regional center programs.
Simply attending the regional center official tour, interviewing a particular regional center head, or videoing a regional center can only provide a limited perspective on the nuts and bolts of a particular program. We know from experience that the important considerations for a family considering investing $500,000 in an EB5 visa are:
Will we obtain the visa? Will we keep the visa? Will we get our $500,000 investment back? From our experience in working with many families and many centers we are aware that there are centers that have fulfilled these requirements, we are also aware that there are other centers being recommended where there have been cases of litigation, some ongoing, and families have potentially lost all their $500,000.
We feel strongly that all too often families considering the EB-5 visa are not being given all the information necessary to know what they are signing up for. Yes, it is great to know that there is a visa available that enables you and your family to live permanently in the USA and after five years become citizens if you want but from your viewpoint it is important that the visa delivers what you want therefore you need to know which programs have a successful track record and which should or may cause concern.
More information can be found on WhichEB5.com or Green Card via the Red Carpet
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Tags: America, attorney, citizens, consultants, eb-5, eb5, Green Card via the Red Carpet, immigrant investor, permanent residence, regional center, USA, visa, Which EB-5 Posted in Immigration | No Comments » |
April 28th, 2010 |
 H1-B Visa path to a job in the USA?
Not that life has ever been simple for H-1B workers, but with the economic downturn things have become even more difficult for them. Many H-1B workers had resigned themselves to the fact that, due to the long quota backlogs in the EB-3 green card category, and even in the EB-2 category for workers with advanced degrees, when the workers are from India or China, they will be stuck for the better part of a decade in a job with a sponsoring employer who might be treating them like an indentured servant. Now, with all of the layoffs, the probability is increasing that many H-1B workers will lose their H-1B status and green card sponsorship along with their job. This can have catastrophic consequences, particularly for those who have already used up their six years of H-1B eligibility, and are not eligible now to transfer their H-1B visa to a new employer. In such a case, if the worker is not eligible for a different type of work visa, then he or she would have to leave the U.S. for one year in order to restore H-1B eligibility.
Another problem arose for those H-1B workers working in the financial sector. Congress imposed more burdensome additional obligations and restrictions on financial institutions that received TARP funds and employ H-1B workers. Among those restrictions are the requirement to pay new U.S. employees more than they pay H-1B workers and the requirement not to make any layoffs 90 days before or 90 days after filing a petition for an H-1B worker. In the current environment in which employers are looking to lay workers off and pay them less, some employers prefer to dump H-1B workers in order to maintain more freedom of action in how they deal with the rest of their staff. Meanwhile, there are more and higher qualified American citizens and permanent residents unemployed, who were previously employed elsewhere and available for hire only at a higher salary.
New college graduates are going out to try to find a job in this hostile environment. The only good news for new college graduates who need to get an H-1B visa is that there is less competition for H-1B visas, and so H-1B visas were available for over 8 months last year, as opposed to being exhausted on the first day, as they were in previous years. The unfortunate reason behind the greater availability of H-1B visas is the employers’ lack of interest in hiring H-1B workers. Many employers see no reason to pay the expenses of the visa application process or to deal with the additional hassle, particularly when, as previously mentioned, many highly qualified U.S. citizens and permanent residents, who were previously employed elsewhere, are now available for hire.
H-1B workers and students alike have found relief from the dangers, uncertainties, and dependence of seeking permanent residence through sponsorship by an employer. They have found such relief by immigrating under the EB-5 program based on investment in a regional center, which frees them from relying on an employer and enables them to obtain conditional permanent residence in less than one year, or, in some cases, less than 6 months. As a result, these EB-5 immigrants can compete for career opportunities or run their own business on equal terms with U.S. citizens and permanent residents. In other words, the EB-5 immigrants have the freedom to live their life in the U.S. as they wish.
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Tags: american, china, citizens, eb-5, green card, H-1B, immigrants, India, permanent residents, sponsorship, students, U.S., visa Posted in Immigration | No Comments » |
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