Visa EB-5: ¿Cómo funciona?

EB-5 Visa: How does it work?

This time, we will review the key features of the EB-5 Visa Program, a unique investment and migration mode designed by the U.S. government.

This program not only fosters economic growth through foreign direct investment, but also offers a path to permanent residency for international investors and their families.

Objectives and Purposes

The EB-5 Visa Program, instituted since 1990 by the U.S. Congress, emerged as a strategic initiative to boost the country’s economic growth by attracting foreign capital.

The intent behind EB-5 is twofold. On the one hand, it aims to stimulate direct investment in commercial projects that have the potential to revitalize communities, spur economic development and generate employment in areas that need it most.

On the other hand, it offers international investors and their families a unique opportunity to obtain permanent residency in the United States, creating a bridge between the financial objectives of investors and the economic development objectives of the United States.

This synergy between investment and migration creates a cycle of growth and opportunity for both the U.S. economy and program participants.

The EB-5 program has proven to be an effective tool for economic development, enabling a wide range of projects in sectors as diverse as construction, technology, and tourism.

How is the EB-5 Visa different from other types of visas?

The EB-5 Program is distinguished from other visa categories in the United States by its unique focus on combining investment objectives with significant immigration benefits.

Unlike work, study or tourist visas, which are designed for specific purposes and offer temporary or limited stays without a direct path to permanent residency, the EB-5 provides international investors and their families with the possibility of obtaining a Green Card, i.e., permanent residency in the United States.

What are the requirements of the EB-5 Program?

To participate in the EB-5 Program, investors must meet specific criteria that ensure their effective contribution to U.S. economic growth.

One of the cornerstones of this program is the minimum investment requirement, which is set at $1.8 million for projects located in most areas.

However, this amount is reduced to $900,000 in targeted employment areas, which include rural regions or those with unemployment rates significantly higher than the national average.

This differentiated investment scheme seeks to encourage the channeling of capital to areas most in need of an economic boost, thus promoting a more equitable distribution of development and opportunity.

In addition to the economic investment, the EB-5 program requires that each project generate at least 10 direct, full-time jobs for U.S. workers within two years of the investment.

How to access the EB-5 Program?

Accessing the EB-5 Program involves a meticulous and regulated process that begins with investing in an eligible project and culminates with obtaining permanent residency in the United States.

The first step on this path is to make the required investment in a new commercial enterprise that meets the program’s criteria, either directly or through an approved Regional Center.

Once this investment is made, the investor must file Form I-526, Immigrant Petition by Alien Investor, with the U.S. Citizenship and Immigration Services (USCIS).

Upon approval of the form, the investor and his or her immediate family may apply to adjust their status to conditional resident if they are already in the United States, or apply for an immigrant visa through a U.S. consulate or embassy if they are outside the country.

Approval of this stage leads to a conditional Green Card, valid for two years. During this period, the investment is expected to continue to meet the requirements of the program, especially in terms of job creation.

Before the conditional Green Card expires, the investor must take the next crucial step: file Form I-829, Petition to Remove Conditions on Residency. This form requires concrete evidence that the investment has generated at least 10 full-time jobs for U.S. workers, thus fulfilling one of the core objectives of the EB-5 program.

Approval of this petition allows the investor and his or her family to obtain unconditional permanent residency in the United States.

The timeframe for this process can vary significantly depending on several factors, including USCIS processing times, the complexity of the investment project, and any additional review that may be required.

Smart Brickell: your option for accessing the EB-5 Program

Smart Brickell establishes itself as a flagship project within the framework of the EB-5 Program, meeting and exceeding the requirements demanded by this program.

Smart Brickell attracts international investors with its unique innovation proposition, contributing to economic growth and job creation in Miami, aligning perfectly with the objectives of the EB-5 program.

Smart Brickell’s compliance with EB-5 investment requirements is manifested in its ability to channel foreign capital into the development of a mixed-use complex in downtown Brickell, one of the most dynamic and fast-growing districts in Miami.

The investment in Smart Brickell is intended for the construction of modern residences, commercial space, and upscale amenities, which not only promises to enrich urban life in this area, but also to generate a lasting positive economic impact.

In addition to meeting program requirements, Smart Brickell offers EB-5 investors significant potential for return on investment.

Located in a high-demand area with increasing real estate appreciation, the project not only ensures the viability of the initial investment, but also promises long-term economic benefits for investors.

About Smart Brickell

Investing in Smart Brickell through the EB-5 program is much more than a financial transaction. It is a decision that brings you closer to the American dream, providing you and your family with a future in the United States characterized by security, prosperity and access to unprecedented opportunities.

We invite you to consider Smart Brickell as the vehicle for your EB-5 investment. In doing so, you will join an exclusive community of visionary investors.

Contact us and make your enquiry.

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