There are many benefits to hiring an EB5 immigration attorney. The best ones include a broad knowledge of immigration law, corporate law, and investment law. Whether you plan to apply for an EB-5 visa alone or with your spouse and unmarried children, working with a knowledgeable legal professional is important. It would help if you also considered other immigration visas before choosing yours. Other investment options include an EB-1 investor visa, an E-2 business owner visa, and an L-1 intercompany transferee visa.
EB-5 visas require foreign investors to invest $500,000 or more in an existing or new U.S. business or regional center. These investments must create or retain ten jobs. While these investments are not small, they can be significant and provide immigrants with a green card. The EB-5 immigration program is popular among people who want to live permanently in the United States, especially families with substantial money to invest.
Explain the investment requirements:
If you plan to invest more than $500k, an EB-5 attorney will explain the investment requirements and the resulting benefits to foreign investors. You should make sure your proposed project has a minimum of $1 million in investment to qualify. If you are applying for an EB-5 visa, you should invest a minimum of $800,000 in a business that creates or retains at least ten jobs.
Evaluate your regional center and its risks and opportunities:
If you intend to invest more than $500,000, an EB-5 attorney will help you evaluate your regional center and its risks and opportunities. Your lawyer will review business instruments and make sure there are no provisions that are not appropriate. A skilled EB-5 attorney can also help you collect evidence and help you apply for a green card. Your EB-5 immigration attorney help you get the permanent U.S. citizenship you’ve always wanted.
Help you complete the entire EB-5 visa process:
An EB-5 attorney will help you complete the entire EB-5 visa application process. Their goal is to assist you in obtaining permanent resident status by investing a minimum of $1,800 in a business that creates jobs. An EB-5 visa will allow you to invest more money if you’re successful in creating a business. You can work with an EB-5 attorney in various industries, and they will also help you find the right classification for your project.