Want To Start a Business In US? Here Is Why You Should Apply For EB-5 Visa
The latest development in the immigration policy has forced
people who want to start a business in the US and settle there permanently to
move towards EB-5 visa. With visas
particularly H1-B and L-1A having limitation and other complexities, EB-5 visa
has emerged as the best alternative to work or set up a business in the US.
The EB-5 program is designed for foreign investors seeking
permanent US residency by directly investing in their own business or investing
in a project through USCIS approved regional centers. Green Card obtained through this program
allows you either set up a new business or expand your current business to anywhere
throughout the country.
You can also apply for the L-1A Visa to work in the US. But
this visa is issued for a limited period of 7 years. Maximum initial stay is granted for 3 years
and 1 year for a new office. The worst thing about this is that it is to be
renewed every two years, which is perhaps the most frustrating thing you would
never like to do. Moreover, you must have worked earlier with a foreign company
as well as you are currently offered a job, not below the managerial or
executive level.
On the contrary, EB-5
visas for setting up a business in the US provide a permanent
residency for those who are willing to invest a minimum amount fixed. You can
invest that amount either in your own business or in a project through one of
the regional centers approved by USCIS. This visa provides you the flexibility
to move to any other parts of the country and like L-1A it does not require you
to have worked earlier with a foreign company. Also, you can travel back and
forth to the country any number times and do not have to go through frustrating
visa renewal process again and gain. Below is the sum up of top benefits of
getting anEB5 visa for business in the US.
• Permanent
residency for investor, spouse and unmarried children below the age of 21
• Flexibility to
start a new business and move it anywhere in the U.S.
• Ability to expand
your current business to any parts of the country
• No previous
relationship with a foreign company required
• Ability to
maintain a business in your native country and travel back and forth to the U.S.
• No need for
renewal of visa at a set interval of time
Moreover, getting EB-5 visa for setting up a business or
working in the US is relatively easy. The process is quite compact and does not
involve lengthy paperwork like in other visas processes.
To get an EB-5 visa, all you need to do is just find
renowned visa constant like Residency Invest, a specialist in assisting
Investors and their family from EB-5 process to settlement.
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