In this article we will examine one of the common misconceptions people have about the 5th preference employment based visa, the notion that the job creation requirement of the visa is a difficult one to satisfy.
The EB-5 immigrant investor visa has quickly become one of the most popular visa programs and positive pathway to a Green Card Visa the United States has ever conceived.Since its creation as part of the Immigration Act of 1990, the visa has risen from obscurity to become a darling of pro-immigration discourse.Responsible for the creation of thousands of full-time jobs for American workers and the influx of well over a billion dollars into the United States economy, the reasons for its popularity are quite clear.However, despite this popularity, there exists some confusion about the details of the EB-5 visa program.In this article we will examine one of the common misconceptions people have about the 5th preference employment based visa, the notion that the job creation requirement of the visa is a difficult one to satisfy.Before we examine the misconceptions surrounding the EB-5 Immigrant Investor Visa, it is important to first define it.As per the governments website, the EB-5 visa is defined as follows: The fifth employment based visa preference category, created by Congress in 1990, is available to immigrants seeking to enter the United States in order to invest in a new commercial enterprise that will benefit the US economy and create at least 10 full-time jobs.There are two ways to invest which you may use within the EB-5 category and they are: creating a new commercial enterprise or investing in a troubled business.Considering these requirements, many potential investors have concerns about whether their chosen investment will be able to produce the jobs required to satisfy this criterion.It should be noted that the Eb5 Visa Program allows the job creation requirement to be satisfied through both direct job creation and indirect job creation ifthe investment is made into a government certified Regional Center.Those terms are described as follows: Direct Job Creation hese are those jobs that establish an employer-employee relationship between the newly established commercial enterprise and the persons that they employ. Indirect Job Creation These are the jobs held by persons who work outside the newly established commercial enterprise.For example, indirect jobs include employees of the producers of materials, equipment, and services that are used by the commercial enterprise.There is also a sub-set of indirect jobs that are calculated using economic models that are known as induced jobs.Induced jobs are those jobs created when direct and indirect employees go out and spend their increased incomes on consumer goods and services.Along with the ability to satisfy the job creation requirement through these different methods, Regional Centers can also offer the investor business plans that have been heavily researched and planned, often times providing them with a much safer investment opportunity.Many of these Regional Centers have proven track records of helping EB-5 investors successfully satisfy all terms of the visa.While creating and sustaining the requisite jobs for the EB-5 visa program can present a challenge to immigrant investors, the difficulty can be significantly reduced when the investment is made into the proper Regional Center.
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