US EB-5 INVESTOR VISAS
Tailored Advice & Solutions Designed Just For You
Helping more people from the UK secure US EB-5 Visas each year than anyone else. Our team of US Immigration lawyers based in the UK provide tailored EB-5 emigration solutions ensuring our clients' emigration plans are a success.
The USA offers one of the world's most attractive residency by investment visa programmes.
Let's begin by stating the obvious, the U.S. has retained its position of being the world’s largest economy since 1871. The size of the U.S. economy was at $20.39 trillion in 2018 in nominal terms and is expected to reach $21.41 trillion in 2019.
US Nominal GDP: $19.39 trillion
US GDP (PPP): $19.39 trillion
Our expertise in immigration law and compliant investments in the USA combine to implement residency by investment solutions. Our clients benefit from a Green Card leading to US citizenship as a consequence of their successful investment.
The Most Popular USA Investor Visa
The EB 5 Visa is one of the most popular investment visas available today for the USA, due to the stability and regulatory controls the USA affords its investors and the low cost of investment.
Your Investment Options In Brief
Working with our US partners and Immigration Lawyers we have developed effective US immigration compliant options for investors. Allowing our clients to secure permanent residency in the USA.
1. Guaranteed Investments
Under the EB 5 Visa regulations, all investments must be exposed to free market forces. This means an investment is at risk, that is why Haskew Law has secured exclusive access to several of the securest investment opportunities available in the USA today. While Haskew Law cannot remove the lawful requirement for funds to be subject to market forces we provide our clients with the lowest risk options currently available.
We are delighted to state all of our clients to date have had 100% of their invested capital returned after the mandatory 4-year investment period and often secured interest on their investments.
2. Investments In Qualifying Targeted Employment Areas (TEA)
A 500,000 USD investment is required to invest in a compliant project. In some cases, in many cases, we can arrange for a return on your investment.
The Benefits Of An EB-5 Investor Visa
- Low tax environment with multiple tax reclaim programmes
- The world's largest Economy and free market
- Business-friendly environment
- Permanent Residency - Green Card for the whole family
- No restriction on the purchasing of property
- World leading regulatory and judicial systems
- Tax effective Investment Laws
- Dual Citizenship permitted
- No minimum or maximum age limit
- Access to free education
- Access to unparalleled health care
- Fast, easy process to secure your permanent residency
- 500,000 USD Investment in a regulated fund for only 4 years
- Approved support from an accredited programme within an approved TEA
Our services include securing the mandatory support from an accredited TEA and investment fund along with providing access to the required investment opportunity to make this EB 5 visa possible. Our partners provide our clients with exclusive access to investment opportunities that are both secure and immigration compliant.
All our services are tailored to meet our clients' needs while protecting their best interests and investment throughout the process of emigrating as an Investor to the USA.
Key Facts About Emigrating as an Investor to the USA
The EB 5 visa gives permanent U.S. residency to those investing into government-approved projects across the United States of America. This USA investment immigration style visa can be beneficial as it grants access to the U.S. education system, the right to live, retire, work and study in the USA, the ability to receive investment back upon the completion of the project and residency for the investor, any children and their spouse.
The Feature of the EB-5 Visa
✔ Investment of $500,000
✔ The investment must be “at risk” and returns not guaranteed
✔ The investment must create 10 jobs bread Full family residency (Spouse + unmarried Children under 21)
✔ USA Green Card. Permanent Residence
✔ Eligibility to live and work anywhere in the USA
✔ The potential for US citizenship after 5 years
✔ The potential for US citizenship after 5 years
✔ The main applicant must reside for 6 months per year
Passive Investments For EB-5 Visas
By contrast with its Direct Investment counterpart which is also an EB-5 visa this visa allows you to invest just USD $500,000, in a “regional centre”, which puts your funds to work on your behalf.
The trade-offs for this visa are clear enough: on one hand, the lower funds minimum is attractive to most, whereas the lack of control of the investment may deter those who would prefer they manage the risks they are taking for themselves.
The program offers secure conditional green cards, for you and your immediate family, which allow you to live, work and study anywhere in the US, with no further requirements regarding age, education, or English language, immediately upon arrival.
Understing EB-5 Visas Regional Centres
A Regional Center is an entity or economic unit, public or private, approved by the United States Citizenship and Immigration Service (USCIS) to facilitate the pooling of capital by multiple EB-5 investors. Each Regional Center focuses on a specific geographic area within the U.S., and whose goal is to promote economic growth and the creation of new jobs within the designated geographic area.
Investing in a Regional Center allows the EB-5 investors the ability to invest alongside other EB-5 investors in a pooled vehicle, and to receive credit for both direct and indirect jobs created as a result of the EB-5 investor's investment.
Regional Center Focus
Regional centres are government approved development programs, but nonetheless remain commercial enterprises.
Regional centres typically invest in projects such as the construction or management of residential complexes, hotels, hospitals or office blocks, or might involve a project such as an agricultural or tech development project.
The Regional Investment Centers are each dedicated to their own distinct industry and geographic focus. Under this program, applicants invest USD 500,000 into one of the designated Regional Centre projects, thereby becoming a limited partner in that Regional Centre's new enterprise.
The centres will aim to use your funds to employ at least 10 US workers for a period of at least two years. Once that goal is achieved, you can apply for permanent residency “green cards”. And at the end of the minimum investment period, your funds are returned to you.
The main benefit of this option is that the day-to-day management of the investment is facilitated by the Regional Centres so that the applicant is free to live and work anywhere in the USA.
Investors must remain in the USA for at least 180 days each year until unconditional green card status is granted if the applicant wishes to apply for U.S. Citizenship.
Haskew Law can advise and assist international clients with the selection of the most suitable Regional Centre, and handle EB-5 applications.
What is a "targeted employment area"?
The minimum investment is $500,000 in a TEA (Targeted Employment Area). A targeted employment area is a rural area or a geographical area that has experienced unemployment at a rate of at least 150% of the national average rate. Individual states are authorized to designate geographical areas within the state that qualify as targeted employment areas.
Projects available for EB-5 Investors
The EB-5 program has been used to finance a myriad of different investment projects. Some of the more common examples include the following:
- Sports stadiums
- Medical facilities
- Entertainment venues
- Convention centres
- Office buildings
At Haskew Law, we are partners with the largest and most respected projects to ensure our clients' investments are protected. Our investment partners can guide on which investment opportunity is right for you.
Limited Numbers of EB-5 visas are available
Current U.S. law allocates 10,000 EB-5 visas per year for foreign nationals and their immediate family members (spouses and unmarried children under 21). Of these, 3,000 EB-5 visas are specifically set aside for applicants who invest through a designated Regional Center.
Time to receive a permanent green card
The EB-5 investment process involves multiple steps, and processing times for each step can vary. Overall, the entire process from the initial application to unconditional legal permanent resident ("green card") status, usually takes 27 to 36 months.
When is it possible to apply for U.S. citizenship?
Four years and nine months after obtaining conditional permanent residence status. Applying for U.S. citizenship is optional.
Real Estates for EB-5 investors in the United States
The United States ordinarily places no restrictions on foreigners concerning the ownership, purchase or transfer of real estate, except where national security is at stake.
A foreigner's right to own, purchase, or transfer real estate may be limited, however, by various federal and state statutes that restrict the ability of a foreigner to acquire or dispose of certain real estate or to make testamentary dispositions to foreigners from countries that prohibit similar dispositions to U.S. citizens.
Also, there are numerous reporting requirements for foreign investors as well as for sellers of real estate to foreigners. The reporting requirements incorporate look-through mechanisms which make it relatively difficult to set up tiers of domestic and foreign entities in order to make the ultimate ownership of real estate by foreign persons more private. Furthermore, failures to report may be punished with severe penalties, ranging from up to 25% of the fair market value of the real estate even to imprisonment.
Estate and tax planning for U.S. real estate
The main issue with regard to tax and estate planning is represented by the U.S. estate and gift taxes, which generally apply to foreign transferors who have property located in the United States, in addition to citizens and residents of the United States. For foreigners, the gross amount subject to U.S. estate tax can be determined only by reference to property situated in the United States. In contrast, for U.S. citizens and residents, any U.S. estate and gift tax exposure is determined by reference to personal status and not to the specific location of assets.
A further issue is that a transferee of U.S. real estate from a foreign person is required to deduct and withhold 10% of the amount realised by the foreign person in the disposition.
However, these taxes may under certain circumstances be avoided by holding U.S. real estate through a U.S. company incorporated in the state in which the real estate is located, and which in turn is held by a foreign company incorporated in a suitable jurisdiction.
Advice on the acquisition of U.S. real estate
The acquisition of real estate abroad requires careful and professional planning. Every day, individual clients, as well as other law and consulting firms worldwide, rely on us for specialised advice in this area. No matter how complex your needs are, Haskew Law will be able to advise and assist you. Contact us today for individual advice and comprehensive, yet cost-effective solutions regarding the acquisition and holding of real estate in the United States.
Avoid U.S. taxes on worldwide income
Most individuals would probably not wish to become subject to U.S. taxes on their worldwide income, and for them it is very important to observe the clear rules as to when a foreigner becomes resident for tax purposes in the U.S. Assuming adequate immigration status, up to an average of 120 days can be spent in the United States without residency status there being established for U.S. income tax purposes.
Under the substantial presence test, a foreign citizen is treated as a U.S. resident alien if that individual is present in the United States for at least thirty-one days during the current calendar year and for a total of 183 days during the current year and the two preceding calendar years. In determining whether this 183-day requirement has been satisfied, the days are counted differently, depending on when the physical presence in the United States occurred.
Each day of presence during the current year is counted as a full day. Each day in the first preceding year counts as one-third of a day. Each day during the second preceding year counts as one-sixth of a day.
There is an important exception to this general rule, in addition to the possible applicability of a tax treaty. If a foreigner is present in the United States for fewer than 183 days in a calendar year, and has a tax home in another country and a closer connection to that country than to the United States for that calendar year, the foreigner is not considered a resident of the United States for income tax purposes for that calendar year.
This exception, known as the "Tax Home/Closer Connection Exception," defines "tax home" as the individual's principal place of business. The Tax Home/Closer Connection Exception is not available to a foreigner who has taken steps to become a lawful permanent resident of the United States. This Exception allows foreigners to reside in the US in a given year for longer than the days allowed under the "cumulative presence" test, so long as they are present in the country for less than 183 days in that year.
Steps to Starting a Non-U.S. LLC or Corporation
Here we focus on establishing a company in Delaware as this has many advantages over other states in the USA.
In Delaware, an LLC or Corporation is formed with the Delaware Division of Corporations. That will be referred to as your “domestic state.” Your business will be considered a “foreign entity” in states outside your domestic state (America has 50 different states and a couple extra jurisdictions).
The process for starting a business in Delaware is nearly the same process that a US citizen would go through:
Name the CompanyFind a name for your business by performing a name search on the Division of Corporation’s website. Once you’ve found an available name, you are NOT required to reserve it. The name will automatically belong to your business entity once Delaware has recorded your company’s LLC or corporation filing.
Hire a Delaware Registered AgentDelaware registered agents receive all official mail and service of process on behalf of your Delaware company. You must maintain a Delaware registered agent, which is what we do for $45 a year, to keep the Delaware company in good standing. They are required by law and must maintain a physical address and keep regular business hours in the state, which, since you do not live in the United States, are requirements you cannot meet. This is a necessary expense and you’ll need the registered agent’s name and address to complete the formation paperwork in the next step. You could try to list a relative or friend as your registered agent, but doing so might involve this person into your personal business notifications and put an unneeded burden on them to legally accept your legal documents.
File Certificate of Incorporation or Certificate of OrganisationThe name of the formation document will depend on what type of entity you are forming. Certificates of Incorporation are for corporations. Certificates of Organisation are for Limited Liability Companies (LLCs). There are two ways to file these documents with the Delaware Division of Corporations: by mail or by fax. Delaware does not offer online filings, although you can sign up with us online and we’ll file your Delaware LLC or corporation for you.Many foreigners choose a corporation because it aligns better with your home country’s rules and regulations. Also, it defaults to a C corporation which is how you’ll have to pay your taxes to the IRS should you owe IRS taxes on income you derive from the U.S.
Obtain an EINIn order to file and pay taxes in the United States, your Delaware company will need to obtain Employer Identification number (EIN). After the state sends verification that your articles of organisation (for Delaware LLCs) or articles of incorporation (for Delaware corporations) have been processed, you can apply for an EIN by filing Form SS-4 with the Internal Revenue Service (IRS). The IRS accepts EIN applications online, by phone, or by mail. The form is one page and comes with plenty of instructions.
Differences between a Delaware LLC and a Delaware Corporation
If you choose a Delaware LLC, your ownership of the company is in the form of membership interests. The members are the owners of the Delaware LLC.
If you choose a Delaware corporation, your ownership of the company is in the form of shareholder stocks. These stock certificates do not need to be physically made. They can just be documented on paper as to how many each shareholder owns. The shareholders elect the directors of the corporation. The directors elect the officers such as president, treasurer, and secretary of the corporation. If you are doing a Delaware corporation, we ask you for all this information, and as the incorporator, we elect the directors and officers on your behalf, and you sign the corporate bylaws as the shareholders.
In order to keep your business entity active, you will need to file an annual report and pay a franchise tax to the Delaware Division of Corporations if you operate a corporation; LLCs only need to pay an annual tax of $300. Annual reports and Delaware Corporate Franchise Taxes (a minimum of $175) are due each year by March 1; the LLC tax of $300 is due each year by June 1.
Opening a bank account
One of the most commonly asked questions about forming a business in the United States from abroad is how to open a business bank account. Opening a U.S. bank account is difficult if you are not here. Most people that go to that much effort actually have to fly into the U.S. and physically walk into a branch. We recommend Wilmington Trust, HSBC, Wells Fargo, U.S. Bank, Chase, or Citibank. Wells Fargo banks in Las Vegas are particularly versed in setting up bank accounts for non-U.S. residents. A business bank account in the U.S. does not need to be “Started” in the state of your formation. We do not assist in setting up U.S. bank accounts. Frankly, no one can really help you do that very well. You will have all the legal documents relating to the formation of your Delaware company that you will need to set up a bank account, in your online account, at all times.
Business owners also run into trouble trying to open an account in their own country for a foreign business. If your country is part of the Hague Convention, you will need an apostille (official certification of your business formation documents).
Paying US taxes as a Nonresident
Non-US citizens cannot be shareholders in an S corp, so this limits your taxable business entity choices. Mostly, non-US residents will choose between LLCs and corporations taxed as C-corps.
If you form a corporation in Delaware, your corporation will be taxed as like any other US corporation. The corporation will pay the same taxes that any other US corporation would on all US-sourced income and your Delaware corporation will also be taxed on all foreign earnings, in accordance with US Treasury regulations. Since the corporation was formed in the United States, it is taxed as a domestic corporation and you will file Form 1120.
As a non-US resident, your Delaware LLC will only be taxed in the US on income from US sources, meaning that income from other countries will not be taxed by the US. If you choose to form an LLC, any profits US-sourced income will be taxed at 30%. This 30% goes to the IRS. At the end of the year, you will file your US taxes on Form 1040-NR with the actual amount due. If the amount due is less than the 30% initially taxed, the IRS will issue a refund in the amount overpaid. To make sure the LLC is sending the proper amount to the IRS, the LLC must designate a tax withholding agent to calculate the proper amount that must be sent to the IRS before any of the money is released. Because of these difficulties, many non-US residents choose to form corporations, unless they are forming the LLC to do business strictly outside of the US, in which case, the LLC would not owe any US taxes.
Helpful Tips for US Non-residents Starting a Business in Delaware
- With a Delaware LLC or Delaware corporation, you only need one person. There is no need for multiple people.
- There is no need to pay a company a high fee for nominee service.
- You get a federal tax ID yourself, or you can hire us to do it for you at the bottom of our sign up form.
- If you need an apostille, you can add that at the bottom of our sign up form.
- Most people do NOT need a corporate book and seal. If you ask us, it’s a waste of your money.
Booking a Consultation
Complete our online enquiry form and one of our senior managers will arrange a confidential consultation to discuss your requirements and potential options.
At Haskew Law, our UK based team of US immigration lawyers are highly acclaimed and experience in all aspects of the EB-5 Visa process. Our thesis, however, is to keep things as simple as possible. We believe it is important our clients are comfortable and remain in control of their US emigration plans and investments throughout the process. We protect our clients best interests at all times while delivering outstanding results.
We look forward to hearing from you.
EB-5 Visas Explained In Our Video
United States of America EB 5 Investment Visas
Name: EB 5 US Investor Visa
Description: Secure your Green Card and permanent Residency in the USA with a minimum investment of USD $500,000.The EB-5 Visa has become the most popular route for investors to secure residency in the USA.
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