It’s no secret that investing in EB 5 investments is a great way to secure your US residency. Although this method is relatively new to America and still growing, it has proven itself as a reliable investment path for immigrants.
And as the EB 5 visa program continues to attract high-net-worth individuals from around the world, it seems like a major investment opportunity. But what are the benefits of investing in rural EB 5 projects?
1. Investors Are Not Required To Take Up Active Management
There are many advantages to investing in rural EB 5 projects. Still, its most significant benefit is that it allows investors to engage in other legal and business activities while they wait for their green cards. That means that each investor can create their path to citizenship by choosing what type of business they wish to pursue.
The investor acquires the project but isn’t required to actively participate in the day-to-day running of the project and its actions. That would mean that an investor could pursue other legal and business activities without having to worry about running into any legal issues or risk losing their investment due to their involvement with the project.
In addition, an investor would not be required to work on their projects full time, as they could simply invest their money in the project and then leave it alone until they decide to sell it at a future date.
2. Indirect and Induced Jobs Count Too
A key benefit of investing in rural EB 5 projects is that the investment option isn’t limited to only directly created jobs as part of the USCIS requirements for meeting the conditions of the EB 5 investment visa program.
Indirect jobs are those created by an investment project, not directly employed by the project but still related to it. For example, an investor may hire a contractor or employee to install a building at the site of their investment project, even though they did not directly employ them.
Induced jobs are those that are indirectly created by an investment project and indirectly employed by it as well.
For example, these jobs could be created by suppliers who are hired by contractors working on the investor’s project or employees of contractors who might be hired as new employees at their company following a contract award.
3. Lower Investment Amount Requirement
To qualify for an EB 5 visa, the applicant must invest a minimum of $1,050,000 in a new or existing business enterprise. However, if you’re investing in a rural project in a targeted employment area (TEAs), the minimum investment amount required drops to a much less expensive value of $800,000.
Therefore, if you have less than $1 million to invest, you can still qualify for an EB 5 visa through the regional center’s immigrant investor program. This program offers investors with smaller amounts of money to invest in rural areas with lower limits on investment amounts and other benefits.
4. More Job-Creating Opportunities
Another benefit of investing in EB 5 projects is that they provide more job creation opportunities for Americans and other foreigners alike.
Because these businesses are located in rural areas and provide goods and services to people in this part of the country, they create more jobs than those in other locations, like cities or suburbs, where there is already plenty of competition for employees.
These businesses also have a lot less overhead than companies located elsewhere because they do not need large buildings or expensive equipment like many big companies do. But, again, that’s unlike what a large corporation would need if it were located in an urban area or suburb somewhere else instead.
5. Reduced Competition
If you’ve read our complete guide to investing blog post, you’ll understand the subtle role that competition plays in the overall investment process. There are several benefits to investing in rural EB 5 projects. One of them is reduced competition. Because they are located in rural areas, many companies can offer their workers access to better jobs.
For example, many rural EB 5 investments include land or buildings used as business buildings or offices. That means, in many cases, the only competition will be from other businesses and firms within the same industry. In contrast, urban investments may compete with one another for customers and employees.
If you’re looking to apply for a green card via the investment route, you may want to invest in a rural EB 5 project. These projects offer the best value for the money and may be easier to complete.
Do your research and make an informed choice before starting this path to citizenship. You should seek legal counsel before making investment decisions.
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