Sunday 2 December 2018

Top green card alternatives to the EB-5 investor visa

When it comes to the U.S. immigration system, the U.S. immigration system, it is all about uncertainties and complexities. Although there are several routes an overseas investor can take to alter EB-5 investor visa to a green card, even the most well-known ways are not easy. If you’re considering to become a permanent residence in the United States, you should be aware of the taxation on international income. For this reason, make sure you hire the best immigration attorney in New York to better assistance throughout the process.



As per the EB-5 program, immigrant entrepreneurs and their families become U.S. citizens by investing $500,000 to $1,000,000 in a commercial business within the U.S. and should create ten permanent jobs for U.S. citizens. However, during the scrutiny period, either the business may fail, or the funds could be limited to keep the company running. Therefore, we have come up with top green car alternatives to the EB-5 investor visa.

Extraordinary ability - The EB-1A extraordinary ability petition is an excellent option for people who have experienced backlogs with EB-5 investor visa. To be eligible for this category, an applicant needs to possess extraordinary abilities in their respective fields from being pro researchers to professors. Most permanent residence paths have significant backlogs, but EB-1A extraordinary ability petition usually doesn’t have any backlog. Besides this, extraordinary ability category is also eligible for premium processing service, which means USCIS will give a decision within as much as 15 days. The applicant must meet three out of ten criteria determined by the United States Citizenship and Immigration Services to be eligible for extraordinary ability.

EB-1C multinational manager - The EB-1C multinational executives or manager category is another excellent alternative for foreign entrepreneurs. According to the United States Citizenship and Immigration Services (USCIS), an applicant requires employment in a U.S. company for at least a year. The USCIS also requires the foreign national to hold the position of executive or manager.

Do you want to apply for citizenship in EB-1C multinational manager category? Keep in mind that the affiliate, subsidiary or corporation should be based in the United States and should in the field for more than a year. There are several immigration lawyers in NYC offering proper assistance throughout the application process.

EB-2 national interest waiver - This category is an option for entrepreneurs who possess exceptional skills, which can have an impact on the U.S. If you’re choosing EB-2 national interest waiver category, make sure you hold ten years of experience in your respective field, take home a high salary, have licenses, are a member of professional associations, and have recognitions for your achievements.

The high investment and backlogs for individuals in countries such as China and India make the EB-5 program to lose its credibility. Are you looking for the best immigration attorney in New York? Contact Wildes & Weinberg

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