What are Immigrant Investor Visas?

7-01-2022, 19:57 Публикации

The Immigrant Investor Program (EB-5) was established by Congress in 1990. Immigrants invest enormous sums of money in the United States, and subsequently receive an "EB-5" visa. The United States Citizenship and Immigration Services is in charge of this visa program. The United States encourages international entrepreneurs to invest in America through this initiative, which helps to develop American employment and businesses. However, the program has a cap on the number of visas it can issue, and the US has restrictions on who can apply. Read more, what are the investment visa usa requirements for immigrants in this article

What are Immigrant Investor Visas?What are Immigrant Investor Visas?

"Our Economic Development Division has been given the ability by the state to designate project sites as Target Employment Areas (TEAs), which is a requirement of the application for smaller investment opportunities” – Says Houston Govt.

Request EB-5 Certification

To be eligible for a TEA certification, you must meet the following standards as of January 2014: Within a 5-mile radius of the proposed location, the Census tract(s) and/or block group(s) selected for a contiguous or shared method designation cannot contain more than 12 tracts. People looking for immigration requirements for Houstan, check abogados de inmigracion en houston tx en espanol.

Submission Requirements for EB-5 Visa

DOWNLOAD TEA

the Request for EB-5 (TEA) Certification Form (.pdf, updated October 2021) – Fill out the form completely. If any information is missing, the form will be returned to you for completion; please keep in mind that this will extend the time it takes to complete your initial request.

PROPOSED FULL PHYSICAL ADDRESS/LEGAL DISCRIPTION

To determine whether or whether the proposed investment is located in a qualifying area, a particular address for the proposed investment will be required. If a specific address isn't provided, a generic description of the place or a nearby area will sufficient to link the request to a qualified area within an MSA, county, CDP, or city. This information can be found by going to the HCAD website and obtaining the real property record account information to include with your form.

VERIFICATION OF DATA ANALYSIS

Using the current statistical analysis, verify that the designated census tracts combined qualify as a High Unemployment Area (with an unemployment rate equal to or surpassing 150 percent of the national unemployment rate). The city of Houston expects you to use the most recent labor data available. To be considered a TEA, an area must have an unemployment rate of 12.15 percent in 2020. Unemployment rates are calculated using the census-share approach, as allowed by the USCIS, in conjunction with Census Bureau tract employment ratios from the 2015-2019 American Community Survey and Bureau of Labor Statistics (BLS) 2018 county employment data.

PROCESSING TIME

Please be aware that most requests will take at least 15 business days to process from the time we receive them at our office. Find out more information regarding the processing time and other information through houston immigration law firm.


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