EB-5 Visa Attorney in Fort Myers
Visa Category for Investors
The EB-5 visa allows an immigrant investor and his or her family to acquire lawful permanent residency (obtain a green card) to live in the U.S. by investing a minimum of $500,000 in a new enterprise that creates U.S. jobs.
EB-5 is an investment visa under the employment-based (“EB”) categories of the Immigration & Nationality Act of the United States. The program has created billions of dollars in capital investments in the U.S. economy and has produced tens of thousands of American jobs while providing thousands of green cards to investors.
If you are interested in pursuing an EB-5 visa, consult with our Fort Myers immigration attorney at Hurtado Immigration Law Firm. We have over a decade of experience handling EB-5 visa applications and are ready to put that experience to work for you.
Contact us online or call (239) 800-0580 to get started.
In order for an applicant to qualify under the basic EB-5 Visa program and obtain a green card, they must:
- Make an investment in a new commercial enterprise (this can be a pooled investment).
- Make the required minimum investment determined by project location. If located in a rural or Targeted Employment Area (TEA), then the required investment is $500,000. If not, then $1,000,000 is the requirement.
- Lead to the creation of employment for at least 10 full-time U.S. workers (direct jobs). If the investment is done through a Regional Center, the jobs can be indirect or induced (example: constructions jobs created).
EB-5 projects can be an entrepreneurial project, a direct pooled project, or part of a regional center project. Regional centers are best for EB-5 applicants who are more concerned with obtaining residency status rather than directly managing an investment on their own.
Other Benefits of EB-5 Visas
The EB-5 visa is a great option for investors because it offers myriad benefits.
Many investors choose the EB-5 because:
- No sponsor needed: There’s no need for an employer or a family member to sponsor the immigrant investor. The investor uses their own funds to qualify.
- No waiting: There are currently no backlogs for obtaining an EB-5 visa. Many other employment- or family-sponsored visas have years of backlog before an immigrant visa is available.
- Green cards: The EB-5 grants green cards for the investor and their family. The investor, their spouse, and their children under 21 years old are granted lawful permanent residency.
- U.S. citizenship: After five years of lawful permanent residency, you are eligible to apply for U.S. citizenship.
- Live anywhere: You can live anywhere in the United States with an EB-5
EB-5 for U.S. Developers
EB-5 is used by U.S. project developers to diversify their capital stack. Many times, EB-5 capital is referred to as alternative financing.
An estimated $8.7 billion has been invested into the U.S. and an aggregate total of an estimated 35,140 jobs have been created through the EB-5 program since October 2012.
Examples of EB-5 projects include:
- Large real estate development projects
- Assisted living facilities
- Charter schools
- Motion pictures
EB-5 & the SEC
If a U.S.-based project developer approaches an investor to invest in an EB-5 project, the project is engaged in the offer and sale of securities. Such activities are regulated by the Securities and Exchange Commission (SEC) and the relevant state securities authority. As participation in the EB-5 Immigrant Investor Program grows, regulatory interest by the SEC grows as well.
Hurtado Immigration Law Firm can work with you and experienced SEC counsel in the preparation of your EB-5 project.
The EB-5 Regional Center Program
An EB-5 Regional Center is an umbrella of capital investment projects for investment by EB-5 investors that has been recognized and approved by the U.S. Immigration Services for a designated geographic region. The major advantage for regional center designation is that the regional center can take advantage of indirect job creation. Thus, regional centers help EB-5 investors and project developers meet the qualifying job creation requirements of the EB-5 program. A regional center can be private or publicly owned. Regional centers are involved with the promotion of job creation, improvement, and revitalization of communities through economic growth. Regional centers can be a hub to attract projects in a particular community to spur growth and development.
Request a consultation with an experienced Fort Myers immigration attorney by calling (239) 800-0580.
What an amazing experience from beginning to end.- Irma R.
They really cared and fought for me. Charges were dropped and now I am ready to pursue immigration benefits.- Sergio
He made my dream come true!- Daniel
Great lawyer and helps with all the elements to win the case- Sara
Mr. Hurtado is a great lawyer! I am so thankful- Alfredo