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EB-5 Visa China
The EB-5 visa is an immigrant investor visa which provides lawful permanent residence to the bearer. For those who are unfamiliar with United States Immigration law the term lawful permanent residence is commonly referred to as "Green Card" status. Those granted admission to the U.S. in Lawful Permanent Resident (LPR) status are allowed to reside in the United States and also to seek and take up employment. For many, United States lawful permanent residence is a substantial benefit as it provides the alien with the privilege of living and working in the United States as defined by the US Immigration and Nationality Act.
Those wishing to invest in the USA while concurrently seeking American immigration benefits should note that the required investment is substantial. Under the current rules, those Chinese nationals seeking an EB-5 visa must be prepared to invest at least five hundred thousand American dollars in an eligible program in the USA. In some cases, it may be required that the prospective immigrant pay at least 1 million dollars if the qualified investment is considered to be "untargeted".
In a certain sense, Chinese Immigrant Investors and the American public are engaged in a "win-win" scenario when it comes to the EB5 visa. This is due to the fact that the Immigrant Investor is remitting a substantial amount of capital into the American economy while also receiving the, not insubstantial, benefit of permanent residence in the United States of America.
The United States Immigration process can be rather confusing and cumbersome for those who are unaccustomed to dealing with the Immigration system. In many cases, the aspiring immigrant will be required to file an Immigration petition in the United States as well as an application at an American Embassy or Consulate in China. Rule changes, fee increases, regulatory modifications, and local customs at US Missions abroad can have a tremendous impact upon the EB-5 visa process.
As a result, some prospective Chinese investors decide to retain the services of an American Immigration lawyer in order to obtain insight into the overall process and retain attorney assistance in seeking an Immigrant Investor visa to America. Anyone wishing to receive advice regarding the Immigrant Investor visa is prudent to check the credentials of those claiming expertise in United States Immigration matters as only a licensed American attorney is permitted to represent individuals before the United States Citizenship and Immigration Service (USCIS) of the American State Department.
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Ben Hart is a licensed attorney from the USA who assists with US Immigration matters arising in Asia. Contact: 1-877-231-7533, +66 (0)2-266-3698, or info@integrity-legal.com. See:
EB5 visa
or for information related to Consular Processing please see:
US Embassy China
.
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