The United States EB-5 visa, employment-based fifth preference category or EB-5 Immigrant Investor Visa Program, created in 1990 by the Immigration Act of 1990, provides a method for eligible Immigrant Investors to become lawful permanent residents—informally known as “green card” holders—by investing at least $500,000 or $900,000 after November 21, 2019 to finance a business in the United States that will employ at least 10 American workers.
Most immigrant investors who use the EB-5 program invest in a targeted employment area (TEA)—a rural area or area with high unemployment—which lowers the investment threshold to $500,000 or $900,000 after November 21, 2019.
The EB-5 program is intended to encourage both “foreign investments and economic growth.” The EB-5 Immigrant Investor Visa Program is one of five employment-based (EB) preference programs in the United States.
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It is widely believed that Canada is one of the top 10 easiest countries to start a business in. This is due to the country being extremely rich in natural resources, having an immensely skilled labour force and a stable government. If you would like to immigrate to Canada as an Entrepreneur or Investor, you have several Entrepreneur and Investor Visa options available to you, including the general Start-up Visa Program and the provincial-specific Nominee Program. If you are successful with your application, you and your family can move to Canada together.
Canada is on the lookout for newcomers who have the entrepreneurial experience to start, manage or buy a business in the country. With new foreign investment, Canada can ensure the continued success of its economy through diversification and development.
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