EB5 Visas May Be Available Through Real Estate Investments In Florida

Foreign nationals often use the green card process, which allows them to become Lawful Permanent Residents. Those who hold a green card are able to live and work in the United States, and to apply for US citizenship after five years. This period will reduce to 3 years for those who are married to a citizen. There are several different ways in which one may apply for a green card: those who are able to invest a substantial sum of money in the US may often find the EB5 visas program to be their best choice.

EB5 visas are designed for immigrants who are able to invest money in the United States. The minimum investment is normally $1 million, but there is a reduction to $500,000 if the money is invested in a high unemployment area. An additional rule states that the investment must create 10 or more jobs.

An EB5 applicant should take an active role in running their investment, but this does not necessarily require them to work as a full-time manager. The regulations are interpreted so that involvement with a properly set up corporation (a limited liability corporation) is sufficient.

There are investment opportunities in many parts of the United States which are already structured so that investors meeting the EB5 financial requirements may invest, and therefore become eligible for a green card.

No prior business experience is required, nor is any particular level of educational attainment. Applicants do not have to speak English, but they must be in good health.

The Hollywood Circle real estate project in South Florida’s Broward County is one example of an immigration for investment program. This development includes around 400 residential units, plus a 100 room hotel. Potential investors can check their eligibility for an EB5 visa by visiting the Gold Coast Florida Regional Center website.

For those individuals who want to remain in the United States legally, EB5 Visas are a legal path. A conditional green card can be acquired with the rights to work, invest and own property.