Need a cheaper alternative to the EB-5? Gain Grenada Citizenship from $200K and then apply for the US E-2 Visa from $100K - all in 6 months! Email e2@eb5.co.za for more.
The EB-5 Green Card 2019 2020-05-20T14:34:25+00:00

Need a cheaper alternative to the EB-5?

Meet the E-2 Visa Program…

The recent price increase on the EB-5 Program put the American Dream beyond the reach of many South Africans. The good news is that SA nationals can still gain long term residency in the USA via the US E-2 Visa Program.

But in order to be eligible to apply, you’ll need to become a citizen of Grenada by means of government donation or property investment – and the entire process can be completed in only 6 months.

Here’s how it works:

STEP 1: Obtain Grenada Citizenship By Investment.

COST: (Family of 4): From $300,000 Property Investment, OR $200,000 Government Donation (both inclusive of fees).

TIMELINE: 3 – 4 months

STEP 2: Gain your E-2 Long Term Residency Visa.

COST: (Family of 4): From $100,000 (business investment) to $300,000+ (franchise business investment)

TIMELINE: 3 months

Total time required to obtain Grenada citizenship and gain US E-2 long-term visas for your family: 6 – 7 months.

The EB-5 Green Card 2020

Looking to obtain a US Green Card by Investment? Find out more about the American EB-5 Immigrant Investor Program, or contact us now to find out how you can apply for your Green Card with ease.

The US EB-5 visa, formally known as the EB-5 Immigrant Investor Programme, provides a pathway for eligible foreign investors of good standing to obtain permanent US residency by investment. The EB-5 programme requires an investment of no less than $900,000 into a US based business to obtain a US green card.

About the EB-5 Green Card Program

Established in 1990, the program was launched to stimulate economic growth and job creation in the US by incentivising domestic investments by foreign investors.

The emphasis for this type of investment is on job creation, and the direct EB-5 investment program therefore requires the creation of 10 permanent job for US citizens as a pre-requisite for application approval. The only way to circumvent this requirement is to invest in a EB-5 Regional Center project, such as new hotel developments, where secondary or indirect job creation is assumed.

In Targeted Employment Areas (TEAs), the investment requirement is $900,000, whereas an investment of $1.8 million is required for investments outside of these areas.

Applicants have the option of investing individually, or they can pool their resources with other investors, provided that the individual investment and job creation requirements are met by all respective investors, in aggregate. EB-5 Regional Centers are federally approved third party intermediaries that connect prospective investors with property developers in need of funding. In most instances, Regional Centers charge commission, or professional service fees, or both.

The program has not been without its challenges; instances of EB-5 fraud, especially within Regional Centers, has been extensively reported on by the media.

To date, the program has raised in excess of $4.5 billion in investments, and is credited for creating over 85,000 permanent jobs for US citizens.

As of January 2019, there are over 1,000 USCIS approved Regional Centers to choose from. 

What are the investment options?

There are various investment pathways available, including hotel developments, commercial real estate, medical services facilities and agriculture, however a large percentage of total EB5 Investments are hospitality oriented property development projects. The Hudson Yards development in Manhattan is a prime example of a successful EB-5 funded project.

Who are the EB-5 investors?

EB-5 Immigrant investors hail from across the world, however around 80% of the total applicants are from China, the UK, Taiwan and South Korea. The number of applicants from South Africa, Japan, Iran Canada, India and Mexico are growing steadily as well.

The application process 2020

If an EB-5 investor’s petition is approved, they and their dependent family will be granted conditionally valid permanent residency. Three months before this permit expires, the applicant is required to provide proof that the program requirements have been met.

Of specific importance is the requirement to provide documentation proving that 10 jobs have been created and maintained as a direct result of the EB-5 business investment.

Another key requirement is to submit proof that the applicant has been actively involved in the management of the investment enterprise. The only instance where this is not required is with Regional Center based investments.

If the investor has met all relevant requirements, they will then be issued with a US Green Card, granting them permanent US residency and a pathway towards eventual US citizenship. 

Green Card Benefits

As a permanent US resident, you, your spouse and your dependent, unmarried children under the age of 21 will be able to permanently immigrate to the USA. This status grants residents the ability to live, work or retire in the US, as well as the ability to study at US higher learning institutions at rates lower than those applicable to non-residents.

 Contact us to apply for your EB-5 Green Card today

Annual EB-5 intake volumes are limited to 10,000 only, and recent reforms are set to make the application requirements more stringent. Start your Investment Green Card application today to avoid incoming increases in the program’s investment requirements, contact us now.