United States has long been a land of opportunity, attracting individuals and families from around the world in pursuit of a better life and new horizons. For those seeking to combine their entrepreneurial or investment aspirations with residency in the US, the EB-5 Immigrant Investor Program, often referred to as the US Golden Visa, offers an enticing pathway. In this article, we’ll explain the United States golden visa program and how it allows investors to unlock new horizons in the United States.
What is the US Golden Visa?
The EB-5 Immigrant Investor Program, known as the US Golden Visa, is a U.S. immigrant visa program that grants lawful permanent residency (a Green Card) to foreign nationals and their immediate families (spouse and children under 21) who invest a specified amount of capital in a new commercial enterprise that creates jobs in the United States.
To qualify for the US Golden Visa, investors must meet specific investment requirements. As of my knowledge cutoff in September 2021, investors are generally required to invest either $1.8 million in a new commercial enterprise or $900,000 if the investment is made in a Targeted Employment Area (TEA), which is an area with high unemployment or rural areas. The investment must also create or preserve a minimum of ten full-time jobs for qualifying U.S. workers within two years of the investor’s admission to the United States.
Job creation and economic impact:
One of the primary objectives of the EB-5 program is to stimulate economic growth and job creation in the United States. By investing in new commercial enterprises, EB-5 investors contribute to the creation of jobs, which can have a positive impact on local communities and the U.S. economy.
The conditional green card:
Once an investor’s application is approved, they and their immediate family members are granted a conditional Green Card, which is valid for two years. During this conditional period, investors must demonstrate that their investment has created or preserved the required jobs. After two years, they can apply to remove the conditions and obtain a permanent Green Card.
Freedom and opportunity:
The US Golden Visa offers investors and their families the opportunity to live, work, and study anywhere in the United States. This flexibility allows them to explore new horizons, pursue educational opportunities, and access the American way of life.