he EB-5 direct investment program is a way for foreign investors to gain a U.S. green card by investing in a business in the United States. The program allows foreigners to invest in businesses that create jobs, making it a popular choice for those looking to immigrate to the United States. There are several requirements for investors hoping to take advantage of the EB-5 program, so it's important to understand what's involved before you apply. This program is robust and quite helpful for many aspiring medical practitioners and entrepreneurs.
The program is used especially frequently in high unemployment areas, known as TEA (Targeted Employment Areas) zones. The basic premise of this program is to get acquainted with investors, who are interested in investing around $1,000,000 in a non-TEA zone, or $500,000 in a Targeted Employment Area (TEA) within the US. Your medical practice plan must include the creation or preservation of a minimum of 10 full-time jobs. Click here if you want to know everything about the EB-5 Direct Investment Program and start your application.
The EB-5 is also known as the employment-based 5th preference category, which was produced to attract foreign capital to create job opportunities and enhance the US economy.
While no one mandates that you hire an EB-5 program attorney, but it is undoubtedly advisable.
When you are committing to an EB-5 project with the hope of receiving a green card for yourself, spouse and the unmarried minor kids, but if you try to save money in this way, it hardly makes any sense.Hire an Expert!While you could hire a lawyer who is not an expert in the EB-5 visas for the task, it may prove to be unwise.
Will you go to a doctor who is not a specialist in the domain?
They later got the visa after hiring an attorney.
The result is that DIY wasted a lot of time and also money as they did not have the legal help.
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