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The EB-5 Visa, also known as the Immigrant Investor Visa, was introduced by the U.S. government in 1990 to encourage foreign investment in the U.S. economy. In exchange for a qualifying investment, foreign nationals can receive U.S. permanent residency (a green card) for themselves and their immediate family members.
Canada's Growing Economy The USA EB-5 Program allows foreign nationals to apply for a U.S. green card by investing a certain amount in a U.S.-based business. The investment must create or preserve at least 10 full-time jobs for U.S. workers. This program is unique because it offers a direct route to permanent residency for investors and their families.
The EB-5 program has several important eligibility requirements that applicants must meet before proceeding with their applications.
While the EB-5 program does not impose age restrictions, applicants must be able to legally make the investment and apply for a green card. Additionally, applicants must be citizens of a country eligible for the program. Countries with high levels of applicants may face visa caps, affecting waiting times.
The primary requirement for the EB-5 program is making a substantial financial investment in a U.S.-based business. The minimum investment is generally $1 million, although this amount can be reduced to $800,000 if the investment is made in a Targeted Employment Area (TEA), which typically includes rural areas or regions with high unemployment.