The EB-5 Immigration investor program is designed to both help immigrants get their visas and green cards for themselves and their families, while also supporting the United States. The immigrants in question must invest $1.8 million dollars into an area, and create at least 10 new full time jobs for U.S citizens while working at the business in some capacity.
If the investor is investing in a targeted employment area, which is an area that is either rural or has high levels of unemployment, then they only need to invest 800,000 dollars, but the 10 full time job requirement and being on the board needs to be met.
Most of these investments are designed for sustainable and long term jobs in order for both the US economy and the investor to benefit in the long term as well, and many of these investments include investments in things like real estate, hotels, condos, restaurants, nursing homes, and hospitals. The field of technology is also getting more investments as well.
All of these investments are well and good, but many people are also starting to request EB-5 funding for eco-friendly projects, as well as projects that are more innovative. These projects are designed to be sustainable in the long term, while also providing better benefits for the planet and for the economy.
EB-5 And Eco-Friendliness
EB-5 funding has been used to help with eco-friendly projects before. Such as Stadium Place in Seattle, and a Biorefinery plant in North Dakota. Other renewable projects that plan to use EB-5 capital include biomass plants that run on wood waste and poultry litter, as well as a bioplastics facility.
There has been a long history of eco-friendly projects being built with EB-5 capital, and if you are an investor wanting to take advantage of this by 2022, then you can take advantage of it. It won’t just save the planet, but it will also help you and your family gain entry into the U.S.
While most EB-5 investments focus on hotels and real estate, as well as the growing technology industry because all of those things are hot commodities and are also very much in demand by the U.S, it is important to remember that those are not the only options, and eco-friendly projects that are innovative and also provide a good benefit to the U.S will be considered for EB-5 funding as well, especially because many already have!
What Will Immigrants Get From Their Participation?
If you enroll in the EB-5 program, then you will need to make your $1.8 million or 800,000 dollar investment, and that investment can be done in many different ways. These can include cash, equipment, inventory, cash equivalents, and other tangible property.
After the investment, as well as the 10 new jobs are created, then the investor will be able to keep the business and move to the U.S with a visa as well.
By taking the time to invest in a project that creates jobs, you will have a dedicated business that you have been working in. This can help you start your new life in the U.S, and can also ensure that you and your family have something to support you.
Should You Work With An EB-5 Regional Center?
Finally, as you start to invest in an EB-5 approved project, you might wonder if you should focus on working with an EB-5 Regional Center. A regional center is focused on promoting economic growth and creating jobs, and many of them have been able to gain access to the funds of EB-5 investors.
Since EB-5 investors can all go towards regional centers and pool their investments and resources, investors can use the center to get bigger projects because the capital is pooled. Plus, for the 10 job creation, regional centers also allow for indirect jobs to count towards the cap. Indirect jobs are those held outside of the business but are created by the business, while direct jobs are jobs that employ people directly inside the company.
If you know that your business is going to employ people who are working outside of the company, then you might want to work with an EB-5 Regional center as well.
Invest In Eco-Friendly Projects And Gain The Same EB-5 Benefits
If you want to focus on investments using the EB-5 investor program, then don’t feel like you need to go into the technology, real estate, or service industries. There are plenty of eco-friendly projects that can meet all your needs while also ensuring that you are investing in something you really want to invest in.
So if you want to make the world a better place, know that there is EB-5 funding waiting for you if you invest in eco-friendly projects!