The Benefits of Investment Immigration Programs
Investing in a venture in a foreign country may help to gain visa or citizenship of the concerned nation. There are special provisions for each country whereby one can apply for immigration visa or citizenship. This is because of the employment opportunities created for the citizens of the country through the start-up businesses. Such people seeking immigration visa through their new commercial venture are known as alien investors.
Also, this encourages people from other countries to invest in their nation and contribute to the growth of their economy.
There are multiple policies provided by different countries that extract such investors with a set of rules laid out.
The rules laid out by the countries are to check whether the business meets the criteria set, which can be as follows:
- Creation of job profiles
- Buying of real-estate
- Non-refundable Investments made in specific companies
The concept of investment immigration visa is a relatively new concept that aims to promote investment in a country and growth of the overall economy of the nation.
There are a number of countries that provide numerous investment programs. The top-ranked ones can be enlisted as:
- United Kingdom
- The United States
The Investment Immigration Program by the United States of America – EB5
The United States of America, the most powerful country in the world, is an attractive nation for many people due to the ample amount of opportunities and the value of money available there.
The United States proposes the EB5 program for people wanting to reside there through investment.
Established in 1990, this EB5 program requires the individual seeking the immigration visa via investment to meet certain criteria which are enlisted as:
- A minimum investment of $1,000,000
- Employment to at least 10 American citizens.
This employment-based preference program is amongst the top 5 employment preference programs in the United States.
The effect of this program was revealed in a 2015 report that established the fact that such investment immigration programs raised the investment in the recession period of 2012-2015 in the United States.
The benefits of the EB-5 program for the citizens of other countries can be listed as:
- The easiest and the quickest way to obtain the visa
- Family members of the individual- spouse and unmarried children below 21years are eligible for the visa as well
- No visa sponsors required
- Employment visa H1-B visa not needed
- Live and work in the United States with freedom
- Escaping the uncertainty of H1-B visa
Thus, investment immigration program lends several facilities for the individual investing in the country such as no special skills, educational benefits with low tuition fees, freedom to work freely with family members, etc.
Not only do these programs attract individuals to attract in foreign lands, but also help to nurture their economy by providing various job opportunities for the local citizens.
Hence, if anyone is considering to become citizens of a foreign nation and have passion and the determination to start a new business, then attaining the citizen through investment immigration programs can help them in the long term and also contribute to the economy of the country.