Drummond Advisors promoted the Webinar “Green Card and Visas for Investment: invest and live in the USA” with the objective of helping those interested in investing, undertaking and living in the United States, but still have doubts about the subject.
The event focused on the process and strategies for obtaining EB-5, EB-1C and E-2 visas through smart investments and was attended by experts from Drummond Advisors and InvestAmerica.
Mila De Olano, Global Development Coordinator – InvestAmerica and Louanni Cesario, Senior Associate – Drummond Advisors Business Immigration Team, were the panelists. Pedro Drummond, partner at Drummond Advisors, was the moderator of the chat.
See below the main points that were covered during the panel:
The E2 visa is a temporary work visa, which allows a citizen of a country with which the United States maintains a trade and navigation treaty to be admitted to the US by investing a substantial amount of capital in a US company.
According to the speakers, the fact that the E2 Visa is consular makes it extremely advantageous. One of the myths that surround this type of entry permit is the existence of a minimum investment amount that is already predefined, but not necessarily what happens in practice. The truth is that the E2 only needs to have a value that is viable and complies with the business plan in question.
The E2 can be applied by an investor, an executive, or even a qualified employee who has the same nationality as the owners of the company they will work for.
Although Brazil is not an E-2 visa treaty signatory, Brazilians with dual citizenship, such as Italian, German, Spanish and others, can avail themselves of this visa.
It is noteworthy that all countries that have American consulates usually process E2 visa. Brazilians who have other nationalities that are eligible for E2 must process the visa application in their country of residence.
Created by the US federal government in the 1990s, the EB-5 visa grants investors and their immediate family members an initial two-year “conditional residency period” and finally permanent residency (a Green Card).
The EB-5 aims to stimulate the economy, therefore, whoever applies for this type of Green Card must invest in a commercial project that has as one of the goals to generate at least 10 full-time jobs within a two-year period. In this model, the first Green Card is granted on a conditional basis.
There are two different ways to apply for an EB5:
- Direct investment in the EB-5 (minimum USD 500,000) or;
- Investment in EB-5 Regional Center (temporarily suspended by the US government).
After the investment, the approval of the EB-5 takes, on average, two years for Brazilians.
To apply for the EB-1C visa, the individual must have held employment, outside the United States, in the 3 years prior to the petition, for at least 1 year in a company with a foreign affiliate in a managerial or executive position and must be seeking to occupy managerial or executive position at a US affiliated company.
The visa applicant must be a legally established company in the US that has a minimum affiliate relationship with their current employer.
This visa is commonly used by multinational companies as a continuation of the L-1A visa, enabling the transferred manager or executive to occupy a permanent position in the US company.
Created by InvestAmerica, the Flying Biscuit program (www.flyingbiscuit.com) intends to open six new franchises with the participation of an EB-5 investor in each one. Flying Biscuit was founded 28 years ago in Atlanta, Georgia, with the specialty of serving breakfast typical of the southern region of the USA, known as “comfort food”. Learn more at: https://investamericap.com/
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