Important Facts for Investors Pursuing the EB-5 Green Card

The EB-5 program is an immigration program allowing foreign nationals to obtain a conditional green card after investing a specified dollar amount in a new or ongoing US enterprise that is expected to create 10 or more full-time jobs for US residents (exclusive of the investors). As business developers discover this source of investment capital after a difficult economic downturn, the program has increased greatly in popularity. While the limit of 10,000 visas per year under the program has not yet been reached, it is possible that the limit could be reached either in 2013 or in 2014.

China Could Trigger a Cutoff in 2013

China accounts for the largest number of investors seeking a green card through investment. Cutoffs are only triggered if total applications for immigration under the EB5 program exceed 10,000. In 2012, 7,641 EB-5 visas were granted, but if applications in 2013 exceed 10,000, a per-country limit could be placed on China, creating a backlog for the EB5 category. If the limit of 10,000 EB-5 visas is reached in fiscal year 2013, limits are imposed on a per-country basis to prevent oversubscription by one country. Currently, the only country that could be affected by such a limit in 2013 is China.

Investor Immigrants Urged to Work with EB5 Consultants

Working with an EB5 consultant in the US is becoming increasingly important as the possibility of reaching yearly EB-5 visa limits becomes more probable. Like any other type of immigration, the process of applying for a green card through investment is complex. Applicants must specify where they want their capital invested, and they must prove that the funds came from lawful sources. Providing this proof is more difficult for residents of some countries than others, and EB5 consultants, who are often experienced immigration lawyers, know how to advise immigrants on collecting the documentation they need.

EB5 Investors and Their Financial Stakes

People pursuing an EB-5 green card must put personal funds at stake, either $500,000 or $1 million. The lower figure applies if the applicant invests in a designated EB-5 Regional Center, of which there are over 200 in the US. The higher figure applies if a person wants to start a new business, or wants to invest in a non-Regional Center project. The number of Regional Center projects has been growing in recent years as US enterprises have discovered the EB-5 program as a source of capital.

The SEC Investigates Fraudulent EB5 Schemes

Unfortunately, the growth in popularity of the EB5 program has also seen a rise in fraudulent EB5 investment offerings. When this happens, it is the Securities and Exchange Commission (SEC) that investigates and pursues legal action if warranted. An investigation of a project involving a convention center in Chicago was begun in early February 2013 by the SEC, alleging that the developer defrauded investors and misused administrative fees. Though these incidents are far from common, they only highlight the importance of EB-5 applicants working with experienced EB5 consultants and lawyers so that they can avoid investing in a fraudulent enterprise.

About the Author

The EB5 program allows foreigners to obtain a green card through investment, which has created tens of thousands of jobs since its inception. But in order to get an eb-5 green card, you will have to maneuver through a very complex process. It's recommended that you use an expert, like the ones you'll find at eb5exlusive.com. Why not go there now?

More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting

More Credit Information:

Related Articles

Beware of Bogus Credit Repair Companies!
So-called "credit repair" companies claim they can remove negative information from credit reports. Advertising as "Credit Advisors," "Credit Rating Correction Services" or "Credit Consultants," they trumpet variations on this message: "Turned down because of bad credit? We can help!" Many of these companies charge hundreds if not thousands of dollars for the promise to "clean up" bad credit reports.
Your Guide On Choosing a Credit Card To Suit You
Reach into your wallet or purse, pull out a card, swipe, and you're done. It is very easy to use a credit card.
Ways to Look Good without Selling Your Soul to the Credit Card Sharks
1. Buy clothes at thrift stores.
Repair Your Credit - The Right Way!
How to Repair a Bad Credit Rating?The Right Way!If you have a bad credit rating, then you might find that your ability to get financing, loans, and even some jobs is greatly diminished.Once you have a bad credit rating, it might seem like there's nothing that you can do about it? but you don't have to believe that.
How To Repair Your Credit Report
A credit report is run on a buyer when he or she needs to buy something that will take a long-term loan, such as an automobile or a house. The credit report can come from one of three agencies - Equifax, Experian, and Trans Union.
Bank Robbery Growing In U.S.
Bank robbery has grown to become a huge problem in the United States but I am not talking about people robbing banks. I am talking about banks robbing people.
Top 7 Factors to Consider While Reviewing Credit Card Offers
Credit cards have migrated from being hip or convenience product into a must have entity for everybody. Shopping Online you need a credit card.
Credit Damage: Getting Compensated for Your Loss
Until recently lawyers for victims of credit damage had little possibility to collect for damages beyond medical treatment, lost wages and property loss. Insurance companies threw up their hands in sympathy, claiming victims can only be compensated for what can be measured - tangible goods and services.
Debit Card vs. Credit Card, What Are The Differences ?
Ah, the "good old days". If you are a baby boomer, like me, then you probably remember how important it was to rush to the bank on payday.
How To Survive In A Plastic World, Qualifying For Credit Card
Let's face it, having credit is no longer a choice. "Don't leave home without it" is more like "can't buy a home without it.
Can You Acquire Good Credit Overnight? You Bet
Your credit file may not reflect all your credit accounts. Although most national department store and all-purpose bank credit card accounts will be included in your file, not all creditors supply information to credit bureaus : Some travel, entertainment, gasoline card companies, local retailers, and credit unions are among those creditors that don't.
Your Credit Rating and How To Check It
There is a lot of confusion surrounding UK credit ratings, credit scores, credit blacklists, credit reports, and credit files. This guide to your credit rating aims to give you the facts you need.
How Your Credit Rating Affects You, and How to Check It
You might not know it, but every time you take out any kind of loan or credit or pay something back, it gets counted on your credit rating. Who keeps a record on you will vary according to where you live, but the big three credit reference agencies are Experian, Equifax and Trans Union.
Identity Theft - Monitor Your Credit Report
The recent security breach at credit card processor CardSystems Solutions has many consumers worried. Thanks to a well-placed computer virus, nearly forty million credit card numbers were stolen, and cardholders nationwide are justifiably concerned about identity theft.
Practical Suggestions for Protecting Yourself From Identity Theft
It's no surprise that thousands of Americans are victimized by identity theft each year. Last year more than 9,000,000 people were victims of identity theft amounting to some $45 billion dollars.
Credit Cards: Pros and Cons
Sure, there are a lot of problems with credit cards, but there are a lot of good things attached to them as well. For instance, if you have a small business, fleet credit cards can keep your books in order when you issue them to drivers of company vehicles for gas and automobile repairs.
Beware of Falling Minimum Payments
If you opened a credit card statement recently and were pleasantly surprised to find that your minimum payment due was lowered, don't be so quick to "jump for joy". What may appear as a small boost to your monthly budget is actually the rock that can weigh you down in debt for a lifetime.
Restore Your Credit Rating And Reduce Your Debts
Your credit rating affects many areas of your life. Opening new credit accounts, buying a home or car, getting a new job, and receiving discounts on insurance rates are just a few of the things that are impacted by your credit score.
Credit Score: The Brightest Feather In Your Financial Cap
Credit scores are the most important aspect that determines your financial future. Carrying a good credit score is an asset and can pave your future towards greener pastures.
Credit Cards
Credit cards are a form of unsecured credit. The issuer isextending you a line of credit, usually tacking on all sorts of little surprises in the fine print.