Seeking a Permanent resettle in USA? Everything You Should Know About Eb5 Visa
The US administration’s recent crackdown on H-1B visas along
with the long waiting lists for EB-2 and EB-3, types of visas granted for those
looking to work in the USA permanently, has compelled people to seek the best
alternative. And EB Visas appear to be the right substitute, having lots of
advantages. A number of people who want to immigrate to the USA are now
applying for EB-5 visas. In this post,
we will be shedding light on most crucial aspects of this visa.
Why you should get EB-5 Visa
This visa grants a permanent residency in the USA to foreign
investors hand their immediate family if they are willing to invest $500,000
investment into a U.S. commercial enterprise. You can either invest this amount
setting up your own business or being a partner or through a regional center
into a project. This visas provides you
the right to live, work, study or retire anywhere in the USA, not mention the
full access to the US education system. In short, you are privileged to get all
the benefits a US citizen gets.
USCIS received just over 236,000 H-1B petitions in 2016.
According to the current provision, a total of 85,000 available H-1B visas are
issued every year. And the number of applicants is many folds this threshold.
SO the chance of getting an H-1B is very tiny.
According to the official data, 14,147 EB-5 petitions were
received in 2016, but only 7,632 were approved. Around 1,735 petitions were
denied for different reasons. This means approval probability is also very low
in H-1B visas. While USCIS approved 82% of all EB-5 petitions the same
year. More often the percentage of
regional center approval is relatively high.
With current changes to the rules, getting H-1B visas seems
to be more troublesome and involve lots of hassles. And you have to apply for
renewal every three years. But EB-5 is quite easy to get as well as it costs
less than H-1B. It has number advantages. Have a look here at some of them.
• It requires No
Employment Sponsorship
• Allows you to
Live and Move any time anywhere across the U.S.
• With EB-5, you
can work anywhere for anyone or you can start your business
• It has no visa
listing for those who from India
• The visa provides
spouses and single children below the age of 21
• It allows your
family members to work and study anywhere across the country without needing a
separate visa
• Entitles full
access to the state education system
• Anyone with no
formal education can apply for this
• And most
importantly, you get the US citizenship after 5 years of continued living
How to Apply
You can apply yourself or through a visa agency. But my
opinion is that one should apply through a visa agency as this way, you can
avoid the lengthy paper and other hassles involved. Top eb5 visa
consultants in London will make it easy for you and help get the
visas quickly.
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