posted Sep 13, 2017, 9:53 AM [ updated Sep 13, 2017, 10:07 AM ]
On September 7th the US Congress approved a Continuing Resolution that will allow federal government funding for another three months, through December 8th.
The EB-5 Visa Program for Foreign Investors, which allows direct access to the Green Card with no restrictions on work, education, age, etc, has been extended along with a number of other federal programs and US government priority expenditures, including grants for the recovery of damages caused by Hurricanes Harvey and Irma. Discussions on a possible reform of the EB-5 Visa Program, initiated some years ago, should continue regardless of the new extension deadline.
Among the changes under discussion are the increase in the minimum investment, currently US$ 500,000, greater incentives for investments in areas of lesser economic activity, and greater supervision of the agents and institutions involved by the Securities Exchange Commission.
The US EB-5 Visa Program is one of the best immigration-by-investment programs in the world, providing lifelong Green Card for citizens of any other countries who invest in businesses that create jobs in the USA, even if they do not actively participate in the management of these enterprises.
Investors also do not need to have command of English, specific training, experience or entrepreneurial profile, etc. They also do not need to live in the region of the investment, or work, study or engage in any activity in particular. And the lifetime residency is extended to spouses and unmarried children under the age of 21 at the time of application for the visa.
Learn everything about the US EB-5 Visa Program here.
Visit our division specialized in the US EB-5 Visa Program for Immigrant Investors