EB-5 preference category was created in 1990 for immigrants who come to the entrance of the United States in a commercial enterprise that has directly benefited the U.S. economy and create at least ten jobs created involved full time. The minimum investment size is $ 500,000 for commercial enterprises in a rural area8 is (or targeted work area) and is contrary to $ 1,000,000.
Under the Canadian Immigrant Investor Program, introduced in 1986 to provide foreign entrepreneursEligibility and showed that the management / business experience identified as two of the five years preceding the filing of the application, a net worth of at least 800,000 euros, and affirmatively expresses that they are willing to EUR 400,000 USD deposit guaranteed by certain government securities for a period of five years.
Passive than active investment
In contrast to the EB-5 program, the Canadian Immigrant Investor Program, a program person, a qualified investoris not obliged to open a store or rent and manage employees. Rather, the same investment is considered important to stimulate economic activity and create jobs. In fact, according to visa issuance, the applicant can do to carry out any activity in Canada, including but not limited to, employment and living standards by additional outward investment. Sure you can do in the current fiscal as well. If he does business, there are no restrictions on geographical area and location and type of business andno minimum number of employees, companies must take.
EB-5 program is not a passive investment program and is expected, in fact, shown that generated by the work of an efficient and commercial enterprises registered to create. The EB-5 regulations require involvement in management or policy. The regulations deem a limited partner in a limited partnership, which is built correctly and that is the Uniform Limited Partnership Act Having said so, this programused by professionals, entrepreneurs, people of programming for children and the education of their U.S. colleges and universities, looking for a good quality of life and pension credits in the United States. EB-5 Visa is a very flexible and allows the investor what he wants, including the search for work in the United States.
Stage and time investment
Canadian Immigrant Investor program requires investment for the applicant, documents and application forms and stories /Made in relation to the creation of assets and businesses, have been reviewed by the visa office and has been through an interview. The payments for the immigrant investor program has its own costs, trading, and foreign species of transfer costs, not the need to liquidate assets once rich and money for the transfer is necessary to speak. so it makes sense from the perspective of applicants do to make the money transferQualification requirements of the plants after the application has received preliminary approval.
EB-5 package procedure requires a first qualifying round of investment for investors, and then submit a Form I-526 petition (and documents) with USCIS. After that, the U.S. Department of State's National Visa Center, the EB-5 immigrant visa through the local U.S. consulate responsible for the process of residence. The EB-5 immigrant visa used to enter the UnitedStates, which began two years of conditional legal permanent residence. The applicant should be so be prepared for situations in which - if his application is rejected - which had suffered a recoverable cost for the transfer of foreign exchange and would then return. He could also have organized a number of important commodities, cash and cash equivalents is primarily for new investments and activities would have to look for. It must in costs and expenses and the level of losses that may occur during the journeyby buying and selling of goods. From the moment you make the investment and the weather gets back the money he has lost interest in the process factor. In addition, he would lose the fee he had paid to the lawyer for the submission of the application, in the first place!
Unconditional Versus Conditional Green Card
EB-5 visa is a green card, and affected to begin with, it's just a two-year conditional permanent legal residence. Whilethe transition period, he can prove that the businesses invested in the funds, the conditions met, especially as regards the creation of 10 new jobs should be permanent. It should not be able to meet the conditions will be asked to leave the country. This uncertainty about the continuity of the state is likely one of the main reasons for having less than 10% of the annual provision of EB-5 category used each year.
Successful applicants for Canadian immigrantsInvestor UNCONDITIONAL program will start an indefinite period from the first day of disembarkation. 'S comparable to the status of the applicant will be linked in the EB-5 program, after two years and subject to the removal of visa conditions. The program is therefore more secure and allows the applicant to such plans to the family and the relocation or expansion of employment and new investment.
Minimum investment
is the minimum amount for investment under the EB-5 requiredUSD 500,000 and Canada under the immigrant investor program of CAD 400,000. At current exchange rates, this means that the necessary investments almost 50% more under the EB-5 program.
Loans from financial institutions
The Canadian Immigrant Investor program allows lending financial institution to make the investments necessary to give the mandate. The program allows you to make an allowance for the amount of money at the lowest level CAD 120,000 and the rest will be financed byFinancial institutions. This creates an excellent opportunity for the applicant, as it can meet the program at the lowest possible cost.
Documentation
If it works with the Canadian Immigrant Investor Program are compared with the documentation required for the full and subjective under the EB-5 program and continuous desire to present evidence-based application involves excessive delays in processing.
scope of costs, or loss of a chance to win
L 'Investment under the EB-5 program is a real investment in a commercial enterprise in the course. The investment is subject to normal work situations and the companies either did not earn money. If the company loses money, the investor receives his share of the expense and hassle. There is no limit to lose money, business, and then he can. Of course you will make money if the company makes money. In this case, there is no limit to the amount of money, businessand so he can progress. The bottom line is that the investor applicant must be prepared for a situation.
Canada Immigrant Investor program costs can be identified. The applicant makes an investment of CAD 400,000 at zero interest and the interest it loses its costs. When he goes Finance option, the interest charged the amount of its costs are paid. In both cases, knows the cost of permission for admission under thisProgram.
Management Fee
In the case of EB-5 regional center investment required majority of the applicant for a fee (usually) to pay $ 50,000. This is in addition to the investment of $ 500,000. If the application is rejected, will be paid for any reason, much of that fee and in some cases, the entire quota for the head is not refundable.
Canada Immigrant Investor Program costs incurred by the applicant to the registration fee processingGovernment agencies. A typical family consists of the applicant, spouse and two children to create a cost of about EUR 6,000. This fee is not refundable. E 'can also create a professional and consultant fees cost about 5,000 euros. Most of renowned consultants refund of the consultation fee - all or majority - if the application is rejected.
A second definition
U.S. officials admitted under 21 years of application are considered part ofEB-5. Canada allows people under 22 years to be part of the application. Canada allows citizens over 22 years, part of the question until children are full-time student in an accredited and approved by the Institute of State
Summary
In short, both good and attractive program, but over the years, the Canadian Immigrant Investor Program to become [http://www.abhinav.com/Canada_immigrant_investor_program.htm] established acceptable for its simplicity andProcedures. Decision-making is easier to obtain for the officers due to previous cases in this area and available to deal with new applications.
EB-5 program is still in development and preferred route for the very high risk of wealthy individuals and families.
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