The United States is renowned for its strong economy and rich and diverse culture. Despite these attractions, securing U.S. residency can be difficult, with many facing unsuccessful attempts. However, if you have the necessary capital, there's a path to citizenship for you through the EB-5 Immigrant Investor Program. Here is a guide to the EB-5 immigrant investor program and where to live in the USA if you plan to move there.
The US EB-5 Immigrant Investor Program mandates that foreign individuals invest in a new commercial enterprise. This enterprise should be linked with a government-approved regional center to bolster economic growth. Key requirements include:
1) Invest $1.05 million in a non-targeted employment area plan or $800k in a targeted employment area plan in a rural or high-unemployment area.
2) Creating or preserving 10 permanent full-time jobs for qualified US workers.
Upon receiving a green card, your investment must remain for three to seven years, depending on the project. You will initially receive conditional green cards for two years. The conditions are lifted after two years, provided you prove to US immigration authorities that the jobs were created or maintained.
This transition does not impact the green card holder's privileges in the USA. Individual applicants must have a net worth exceeding $1 million, and you need to demonstrate the legal source of their funds.
You need to pay fees and submit documents, such as your vaccination record, medical history reports, certified police clearance certificate, and any court records. You usually receive their conditional green card within 12 to 36 months. The application to convert the conditional green card into a regular one is filed two years later.
Your spouse and unmarried children under 21 can apply for green cards as derivative applicants without making additional financial contributions, but they must submit their paperwork. You can live anywhere in the USA but have limited visa-free or visa-on-arrival access compared to citizens of other countries.
To qualify for citizenship, you must have lived continuously in the USA for a minimum of five years before applying. You must also show that they were physically present in the USA for at least 30 months out of the five years before filing for naturalization. Additionally, you need to demonstrate basic proficiency in reading, writing, and speaking English.
As this issue requires living in the US for at least five years, finding a home to live in is essential. Here are the top three cities in the USA to move into
Austin offers a wealth of job prospects in the technology, education, and healthcare sectors, along with ample activities if you're for those passionate about design. This city boasts several museums, including The Contemporary Austin, the Blanton Museum of Art, and the Mexic-Arte Museum. The Mexic-Arte Museum is in Austin's vibrant Warehouse District, which consists of old warehouses for dining, drinking, and shopping. The city also has numerous parks, lakes, and hiking trails. If you want to live in Austin, contact these Austin Realtors to help you find your dream home.
Boulder is a haven for you if you're a nature lover, advocate of alternative medicine, and fitness buff, with wellness and health central to its appeal. Its stunning natural beauty and close access to hiking and skiing make it an ideal city for you if you have an active family, are a young professional, or are seeking a high quality of life.
Naples is a city in Florida located in the Gulf of Mexico. It provides you with all the attractions you would expect from a city in the coastal area. When you're relaxing on its pristine white beaches, the most significant decision for you is to admire the rolling waves or the luxurious mansions along Millionaires' Row. This city also has excellent dining, shopping and stunning golf courses. It has other various amenities for those who love sunny and warm climates.
You can gain US citizenship through the EB-5 Visa. This visa requires investing $800K or USD 1.05 million in a US business. This investment should create 10 job opportunities for US citizens. Cities like Austin, Boulder, and Naples are some of the best places to live. You'll be happy to live in these cities if you like their nature and good weather.
