At Get Golden Visa, we worked with investors and families from all over the world interested in getting investment visa to the USA. The EB-5 Reform and Integrity Act of 2022 (RIA) has significantly transformed the EB-5 investor green card landscape. This new legislation has brought about changes to the EB-5 visa program, affecting both investors and the economy.
The new visa and residence permit mechanism for French and American investors took effect on November 16, 2023, less than one year after the two countries signed a bilateral agreement. This agreement aims to streamline the process for investors seeking to obtain visas and residency permits in each other's countries.
Visa Foundation promotes thriving communities for all. Our work focuses on uplifting everyone, everywhere through economic inclusion and creative solutions. The foundation plays a key role in supporting initiatives that promote economic growth and development through visa programs like the EB-5 visa.
In an article published in IM Global Wealth, Partner Rahul Soni and Associate Eduardo Garcia discuss the benefits and increasing popularity of the EB-5 visa program. They highlight how the program has become a preferred choice for investors looking to secure permanent residency in the USA through investment.
Buying property in Portugal is no longer a route to a 'golden visa' giving residency rights but foreigners who want to secure one can still explore other investment options. The changes in visa requirements have led investors to consider alternative routes to obtaining residency in the USA.
EB-5 is a job-creation program that enables immigrant investors to obtain US permanent residency. First enacted in 1990, the EB-5 program has undergone several reforms over the years to address issues related to fraud and abuse.
US to significantly raise fees for non-immigrant visas, including EB-5, impacting immigration policies and international relations. The increase in visa fees may deter some investors from pursuing the EB-5 program, affecting the flow of foreign investment into the country.
The EB-5 visa offers a pathway to US permanent residency (a green card) for investors and their immediate family members. This visa program has been instrumental in attracting foreign investment to the USA, leading to job creation and economic growth in various sectors.
