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Article Directory :: Legal Articles
The forthcoming article is intended to provide brief insight into the EB-5 visa process and the EB-5 visa itself.
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 admitted to the United States in Lawful Permanent Resident status are permitted to reside in the USA and also to work. 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 way, Immigrant Investors and the American people are engaged in a "win-win" situation when it comes to the EB-5 visa. This is due to the fact that the Immigrant is investing significant capital into the US economy while also receiving the, not insignificant, benefit of residing 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 most cases, the prospective immigrant will be required to file a petition in the USA and an application at a United States Embassy or Consulate in the Peoples' Republic of 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.
Therefore, some prospective Chinese investors opt to retain the services of an American Immigration attorney in order to gain insight into the process and obtain assistance in seeking an Immigrant Investor visa to the USA. 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.
Benjamin W. Hart, Esq. is an American attorney who handles US Immigration matters in Asia. Contact: 1-877-231-7533, +66 (0)2-266-3698, or info@integrity-legal.com. See: EB-5 Visa China or US Visa China.
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