Going overseas and that too the USA is a dream of every individual, however many are not able to take the route of H1B visa due to tightening of the rules. Check below for two more options namely E-2 and EB-5 visas. Many families wishing to live in the USA please consider the relative advantages and disadvantages of the E-2 and EB-5 visas.
In some cases, the choice comes down to the funds they have available or the amount they wish to invest. The EB-5 Program requires a minimum $500,000 be invested in a new commercial enterprise is located in a Targeted Employment Area. The E-2 visa may cost much less; indeed many individuals have paid $150,000 to $200,000 for the initial purchase of a suitable business qualifying for the E-2 visa.
However, a huge downfall that is not always realized is that the E-2 visa does not provide the investor and their family with permanent residence.
A senior American Consular official is reported as saying -
“I would also like to point out that a non-immigrant (E-2) visa is not a good option for someone who intends to reside permanently in the United States. If the investor retires or sells their investment, his or her visa status lapses and he or she must leave the US. Only single dependent children under 21 are eligible for visas to accompany their investor parent, and when these children turn 21 they lose their status as a dependent and their visa. The more secure option for those that have the necessary capital is the permanent resident [green card EB-5] investor visa. In this case, the required investment is one million dollars or under certain circumstances $500,000.”
Of course, many of those who are considering immigration through investment do not have the $500,000 plus associated costs required for the EB-5 visa. However, for those that do, the fact that it provides permanent residence status is an enormous benefit in many ways. Check out this news report on benefits of EB 5 visa which many individuals are opting to get USA citizenship.
Full permanent residency provides:
- In certain states, you may qualify for in-state tuition rates at many Colleges and Universities.
- Children do not have to leave the USA once they turn 21.
- Freedom to work and live anywhere in the U.S.
- No obligation to continuously operate a business.
- Path to Citizenship after 5 years.
Notwithstanding that if you do not have this much requisite capital, then make use of Indian stock market to generate returns for you because if Rakesh Jhunjhunwala can make 5000 Crore from Rs 5000 in Mumbai, so can you using the best stocks for intraday and be a part of an elite group making money in stock market.
