The EB-5 Investor Program provides its applicants with a direct way of acquiring permanent residency in the United States and this not only applies to the investor themselves, but also to his or her spouse, along with their children under the age of 21. Once their application has been approved and they get their conditional Green Card, they can now live, work and retire anywhere within the U.S. Plus, they get the same benefits of permanent Green Card holders.
In addition, if the investor, along with his or her immediate family (consisting of his or her spouse and children), are planning to attend any college or university in the U.S, instead of paying at a foreign student cost, they are charged with resident cost. However, investors can only enjoy these amazing benefits when the specific requirements and conditions involved in getting the conditional Green Card have already been met.
Furthermore, Green Card holders through the EB5 program are given the freedom to travel back and forth to the United States without a visa. And if the investors were able to meet the 5-year continuous residency requirement, then they’re finally eligible for the U.S citizenship application.
A lot of investors do this. In fact, they normally invest $500,000 through a Regional Center to get the immigration piece and then work in the U.S. Some might even venture into a new business as well as put up their own business therefore being self-employed. Since this new business isn’t directly related to their EB5 application, they aren’t obligated to generate 10 full-time jobs for this.
Learn about EB5 Visa for Citizens of India.
Eventually, if the investor who holds a Green Card becomes a naturalized U.S citizen, they are now allowed to ‘sponsor’ their extended family members. Unfortunately, they need to wait for about 10 to 15 years for this process to be done. Nevertheless, another great benefit that investors with permanent U.S citizenship can enjoy is bringing their parents over to the country under a Green Card status which is usually valid for 6 to 12 months.