Learn the Documents Necessary to Take Advantage of the Foreign Investor Visa

If you are an immigrant looking to pursue your goal of both opening a business and living in the United States, there is a specific visa for you. The eb5 visa is also known as a foreign investor visa, since you need to show you can add to the U.S. economy to qualify. Before you count on this type of visa getting you into the U.S., learn the evidence you need to take advantage of this opportunity.

Even if you already know the basics of the foreign investor visa, you should get to know the specifics before applying. Officials will be impressed if you have all the requirements and proof of meeting them before you send in your application. Though there are plenty of these visas available each year, once they're gone, they're gone. Some years feature more competition than others, and if you want to speed past others applying for the same visa, preparedness for the process will get you noticed.

If you know anything about the eb5 visa, you already know the monetary requirements, as well as the rule that you must create ten new jobs for citizens. However, you might be confused on what type of business qualifies. You can create your own new business, or you can take over one that is already established. However, you must restructure the older business so that it qualifies as a new commercial organization, and you need to save at least ten jobs from being lost, had this business failed before you stepped in. In addition, you can buy an existing business even if it is not in economic trouble, and simply expand it, adding ten or more new positions.

After having performed these tasks, you will need to prove it. This can be done by showing the Articles of Incorporation for your new or changed company. If you have a partnership agreement, that will also be needed to complete the process. Whether you leased or bought the building that houses your business, you will need to keep those records, and any state licenses you received will also be helpful to keep. Evidence of the necessary funds having been transferred, documentation of where you received your initial capital, and proof of creating ten jobs will also be necessary. If you took over an existing company, you will also need to show organizational records and proof that you increased the net worth of the business since you took over.

Clearly, the process of obtaining a foreign investor visa involves a lot of paperwork. This is simply to prove without a doubt that any immigrant who wants to come to the U.S. under the guise of starting a business does what they intend to. Otherwise, this pathway to eventually becoming a citizen could be abused by those with no intention of successfully running their own business. However, do not let the red tape stop you from pursuing a dream of opening your own business in the United States. Contacting an immigration lawyer can help you stay focused and organized on your path to obtaining a foreign investor visa.