Why Waste $500,000 on an EB-5 Green Card?

eb5coane

There is a lot of news concerning the EB-5 method of investing in the U.S. in order to get a green card. What gets little publicity, however, is how these EB-5 investors get any return on their investment (nominal at best), but more importantly, how can they extract, or “sell” their $500,000 interest in the investment. This important information is missing from every article I read about EB-5.

These are very important questions for any investor to ask. The investor should also investigate and do due diligence to determine whether they ever really will be able to extract their investment. Ultimately, most investors have a partnership interest in an enterprise, and that interest is worth whatever a willing buyer will pay the investor to buy it. This Houston immigration lawyer and Miami immigration lawyer says  that the partnership interest is very unlikely to be able to be sold for $500,000 or more, and most likely cannot be sold at all, or has very little  value ($10,000?). Of course, each investment is different, but due diligence is the key.

In light of the foregoing, an investor must ask themselves if it is worth it to pay $500,000 to invest in EB-5 where the investment may very well be worthless, and there is no guarantee of getting a green card, or is it better to explore other visa avenues.

In my own personal experience as a board certified immigration lawyer, it is much better and safer to look at other options. I have found that, of my clients who had $500,000 available and ready to “invest” in EB-5, it was a much safer investment to spend less than 5% of that amount to try an EB-1 extraordinary visa for a green card. Most of my clients who have over $500,000 of available cash, have qualified for EB-1 green card status. Moreover, the EB-1 green card is significantly faster to get than EB-5.

I urge all potential immigrants considering EB-5 to take a more serious look at the EB-1, self-sponsored green card for extraordinary workers.

 

For further information, this Houston immigration lawyer and Miami immigration lawyer may be reached at bruce.coane@gmail.com or 713.850.0066 and 305.538.6800

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