The USA is one of the best places to invest. The country has recently had some economic trouble but it’s already recovering well. One of the reasons for that is that they have incentives for foreign investors.

Some of these incentives were already in place before, but most are being reinforced and revived to help boost the economy. These can vary from state to state, and some states (Oregon, Wisconsin, Oklahoma, Colorado and Georgia) even have their own foreign-trade office in other countries.

If you’re a foreign investor looking towards the US, you need to be familiar with all the options offered in different states so that you can make your best choice and maximize your investment.

Recent incentives and efforts by the states highlight their territory’s available sites, prime locations, infrastructure, employee skill sets, favorable tax structures, and labor availability. Other incentives for foreign investors include facilities for continued education and learning such as colleges that specialize in industry research.

A prime example of a foreign company that received incentives is the Kia Motors Corporation. They received a $201.4 Million package for their facility in West Point, Georgia. The incentive program includes millions for their land purchase, a sizable job tax credit and sales tax exemptions.

This is an example of the great opportunities for each state, which can offer millions in exchange for boosting economy and providing new jobs. Neighboring states can even outbid each other as they try to woo a prospective investor.

There are also Discretionary Tax Incentives that foreign investors can avail of. For these incentives, certain criteria need to be met. These criteria can include a minimum stay, a minimum of new jobs for local residents, and a certain amount of taxes that need to be paid.

Other states also have tiered systems to encourage new investors in boosting a developing economy. This can be a newly built enterprise zone or a place that is being repopulated or rebuilt.

The incentives can also be granted over a course of time. Taxes can be waived for the first few years or awarded at the end of a certain term. While more incentives can be awarded once an investor or investment reaches a certain benchmark.

The federal government also has its own incentives. A good example of this is the EB5 investor visa program. People who invest a certain amount of money in a state’s chosen programs are granted visas or green cards for their entire family. This means that an investor can bring his family, including the spouse and any children below 21, to the USA.

To get help in evaluating the incentives for the available states, you can get help from the WhichEB5.  They can help you choose an EB5 regional center, (most states have their own), and guide you through the process.