Benefits Of Hiring An Immigration lawyer for EB5 visa!

Generally, most of the people want to settle abroad, especially in the country like U.S. But it’s not an easy task! People have to face many hurdles during commencing a visa application which are caused due to regulatory limitations, and restrictive law and regulations by the immigration service.

In such cases, an individual can take help of a lawyer in NY and needs to make sure that they have extensive experience in EB5 regulations and policies. Besides that if you have any doubt about the visa they would tell you about it in detail, along with its benefits which have been mentioned below.

What is EB5 visa?

It is an immigrant investor visa that attracts foreign capital to the U.S. and creates jobs for American workers. This is beneficial for those people who want to settle in U.S. But for this an individual have to fulfill the below mentioned three requirements:

1 An alien need to establish a new business

2 The alien needs to invest $1 million in the business

3 The business should have full-time employment for 10 U.S. Workers

Benefits of EB5 visa

• First and the foremost benefit of this visa is that one would get green card (permanent resident visa). Besides this one need not to worry in terms of safeness, as U.S. is considered a safe-haven place.
• A business owner needs not to be always present on the business location.
• Investing in a new venture not only proves to be beneficial to the owner but also gives benefits to American citizen who are in a need of a job.
• Member of the applicant who is green card holder can enter and leave the U.S. anytime. Besides this they have the option to live, work, study and retire anywhere in the United States.
• After being a green card holder for 5 years, one can apply for U.S citizenship. Generally the time period to apply for PR starts when the temporary EB5 green card is issued.
• During this visa petition, there is no delay or backlogs as compared to other visa's (like employment and family based visas).
• This visa does not require any sponsorship. Rather one has to use their personal funds for investing into the project.
• The U.S. federal government would provide social, educational and financial help to the EB5 holders. This also includes the access to public educational institutions, medical coverage and social security benefits.

If you are interested in this visa, it is suggested that you hire any of the reputed Lawyers in NY for effective results.