start your new business. If you want to become a naturalized citizen of the United States, the first thing that you will need to do is get your green card. If you desire to do so in order to own a business in this country, you will need a specific type of visa. Your employment immigration lawyer will help you get this visa, which is known as an EB-5.
EB-5 stands for "Employment-based 5th preference category." It is the last of 5 similar employment-based immigration programs in the United States. It was created in 1990 in order to clear a path for immigrants to come to the United States in order to invest in the creation of a business.
The terms of the EB-5 are easy to understand. In order to qualify for the program, you will need to invest between $500,000 and $900,000. This money must go directly to finance the creation of a new business in the United States. This business must be able to employ at least 10 American workers.
In most cases, immigrants who become investors tend to use the EB-5 to invest in a targeted employment area. This is usually a rural area or an area with a very high rate of unemployment. By doing so, you will be helping to encourage economic growth and reduce the total rate of unemployment in that area.
How Can You Invest in a Regional Center?
One of the best ways to qualify for an EB-5 visa is to target your investment toward a Regional Center (RC). An RC is a private, for-profit business that will work with you in order to help fund your business. They will receive a commission for their assistance in this matter.
To qualify as an approved RC, a business must receive certification from the U.S. Citizenship and Immigration Services (USCIS), an organization which itself is a part of the Department of Homeland Security. These regional centers have become an integral part of the EB-5 process. Most immigrants use them in order to fund their businesses.
Connecting with an RC is not hard to accomplish. However, you will have to provide proof that you are eligible to receive this form of economic assistance. You can contact the immigration lawyer Pasadena residents rely on for more info on this subject. The sooner you do so, the sooner you can get started.