EB5 was established to assist foreign investors to invest in real estate and in turn get U.S. permanent residency. You have to identify the type of property to invest in. There is a minimum amount to invest in for you to qualify for a green card. The minimum investment amount is $500,000 or $1 million. Read on to know more about obtaining green card through real estate investment.
There are two kinds of programs. They are the Basic program and Regional Center Pilot Program. Basic program requires you be involved actively in your investment. As for regional centers you become a partner or partial owner. Your investment should create 10 U.S. jobs.
There are benefits of real estate investment through real estate. Before you consider applying for a green card, you need to fulfil EB-5 requirements and invest in real estate directly or indirectly. Your spouse and kids under 21 years will become lawful U.S permanent residents. You also increase your net worth via annual payments that you receive when you become a partial owner. Your children will get affordable and quality education. They will access state and federal loans and grants.
Real estate investment is the best way to get a green card for U.S. citizenship. After you have invested, you should show proof that you are a permanent resident and law abiding for you to be a citizen.
It is essential you file an application for naturalization. You will have a chance to take civics test and an interview. However, this step is not necessary if you don’t want to become a U.S. citizen. You just need to renew your green card before it expires to retain your permanent resident status.
In the U.S. real estate is an ideal of building wealth. You can generate a lot of income. The value of one property can result in buying of more buildings. For example, you can opt to invest in commercial rental property to increase regular cash flow. U.S. properties can appreciate by 20 %.
There are different stages in green card processing via real estate investment. Before you start the process, you need to talk to an immigration attorney. The attorney will help you during the application process. They will help you choose real estate businesses that are ideal for your needs.
The processing fee for the green card varies based on the investment you are interested in and your location. There are companies that will help you obtain green card through real estate investment. For high profitability, ensure you invest in the right property. The companies usually have immigration attorneys to help you obtain your green card.