Mid-Atlantic Chamber of Commerce organized June’s networking event on June 3, 2015. Senior Counsel Richard Trimber from General Counsel informed attendees about EB-5 and American Business Development. Trimber talked about the processes that make foreign investors investing legally in the United States.
There are some important points that Mr. Trimber went through. Foreign investors can get the green card by investing. They have to invest at least $500,000 individually not shares with a company. First, they will get EB5 visa after two years if they employ at least 10 jobs, they will get the green card. Their children also get the green card plus instate tuition for school. They have to provide a market plan that shows the business is more likely going to succeed. There are some disadvantages of EB5 visa. Green Card holders must declare their worldwide income and assets in the U.S. for tax purposes. The investors do not manage their businesses by themselves.