Wednesday, July 19, 2017
A US Investment Visa which is becoming very popular with Chinese Nationals
US EB-5 (Employment based 5th preference) visa is drawing many Chinese immigrants. If one applies under the EB-5 program and invests $500k in the US they are entitled to a green card. The projection is that a $500k investment will bring US jobs. The program has enticed 10’s of thousands of applicants with 80% coming from the Chinese mainland. Currently there is an enormous backlog of applications. What we have found as the most popular investments are brand hotels, or senior centers. Other investments are apartments and office complexes. The job creation requirements for An EB-5 investor are that they must invest the required amount of capital in a newer commercial enterprise that will create full-time positions for at least 10 qualifying employees. A qualifying employee is a US citizen, lawful resident, or authorized immigrant. The minimum qualifying investment in the United States is $1 million, but a Targeted Employment Area (High Unemployment or Rural Area)minimum qualifying investment either within a high-unemployment area or rural area in the United States is $500,000. A lot of these investments go through authorized regional centers. Some of the names of these regional centers in California are Bay Area Regional Center, California wineries and vineyards, Green Energy Regional center, California Investment fund, Los Angeles Regional center and there are many others.