Different states have different Regional Centers and activities that are allowed. To obtain an EB-5 visa, an immigrant or foreign national can invest in various Regional Center projects. They don’t have to become active in the day-to-day management of the project; Investors can be a limited partner and still be considered to have an active role so that the investment qualifies for an EB 5 visa.
EB-5 VISA REGIONAL CENTER APPROVED ACTIVITIES
Each EB-5 visa project has approved activities. Here is a list of activities that are approved for various projects throughout the United States. Here are some of the activities that are approved:
• Heavy and light manufacturing agriculture
• High technology
• Construction
• Hospitality
• Resort industries
• Service industries
• Schools
• Health care facilities
• Infrastructure
• Cruise line support services.
• Construction
The activities that are approved by for each Regional Center will vary. It will be based on the location and the needs of the area.
EB-5 VISA GOALS
The goal of the Immigration Act of 1990 and the Immigration Investor Pilot Program is to stimulate the economy while providing a way for immigrants to acquire legal residency. These goals have been successful. With the recent enforcement of the immigration laws, many immigrants and foreign nationals are choosing to invest in America to get a visa and reside in the United States legally.
DEMAND FOR EB-5 VISA
It is expected, as the September 2012 expiration deadline approaches, the demand for EB-5 visas will increase greatly. The visa allows for the investor and his immediate family to become legal residents, which means that everyone who invests will get their green card. Some immigrants will go through the process themselves. Those who do should be sure to be well educated on the process. There is help to navigate the system and to make sure everything is done right. As with hiring or accepting help from anyone, it is important to make sure they are reputable, because there are some who will want to take advantage.
To find out more about becoming a legal resident and the EB-5 visa contact EB-5 investor today.