Avoiding Problems with the EB-5 Program

The EB-5 Immigrant Investor Visa program is a great option for foreigners looking to obtain permanent legal residence in the United States, however there have been serious implications with the EB-5 process that could have been easily avoided. Making sure that the EB-5 applicant has a full grasp of the requirements of the EB-5 program is necessary in order to protect themselves and their money.



The EB-5 program exists to stimulate economic activity in the United States in certain regions that have either an exceedingly low employment and/or population rate. The qualified applicant must be able to invest at least $500,000 into an approved EB-5 project which will either create or save a minimum of 10 full-time jobs for U.S. workers. Once all of the requirements are met, the foreign investor, the investor’s spouse and their unmarried children under the age of 21 are granted permanent U.S. residence.



With so much at stake, it is important to beware of complications that could either delay or terminate eligibility for an EB-5 visa. The most important decision in the process is choosing the most suitable regional center with the best chance for success. This is not an easy task, there are over 100 different approved EB-5 projects that must be evaluated and researched in depth to ensure the chances of fulfilling all of the requirements. Many investors choose to hire consulters to help assist them with expert advice and conducting research. Established consulting firms have worked with hundreds of foreign applicants looking to obtain U.S. residence and have proven to be highly beneficial in the EB-5 process.



Another issue investors have faced is that of false claims and fraudulent offers pertaining to EB-5 projects. America may be the land of opportunity but it is important to keep in mind that when an offer seems too good to be true, it usually is. There have been reports of certain EB-5 projects misleading investors with the projected timeframe the project is supposed to be complete by and false claims that individual projects are "the only government-approved project" in that particular region. Investors must be wary of such claims and take the time to examine each EB-5 project.



The EB-5 program is indeed, a valuable route to a U.S. green card and has helped thousands of immigrants in receiving permanent residence. Which is why every investor must use due diligence when making the decision on which EB-5 project they are investing in.



Information on the EB-5 program is available at http://www.eb5exclusive.com where all of the latest news and resources on the EB-5 can be found.