What You Should Know About The EB-5 Investor Visa

investorsIn a few short words, the EB-5 Investor Visa is a type of visa issued by the United States for people who invest at least $1 million, or $500,000 in a high-unemployment area, to create or protect at least ten jobs for Americans.

It’s the one visa that is covered by the Immigration Act of 1990. It is another way for foreigners to secure a green card in the country.

In the past, investors could only get a visa if they setup an entirely new enterprise or a startup company along the lines of Uber and other exotic businesses, but over the years this has changed to allow applicants to invest in an existing enterprise.
When the foreign national investor’s papers are approved, he and his family are granted a conditional permanent residence that’s valid for 2 years. Within 90 days, evidence must be submitted to prove that the investor has made the full investment and that 10 jobs have been created or preserved.

In 1992, Congress produced a pilot program for stimulating business activities and job growth, while permitting qualified aliens to become authorized permanent citizens. Under this program, a foreign investors can invest inside a pre-approved economic regional center or economic hub (collectively known as Targeted Employment Area). Investing inside a pre-approved center allowed investors to directly count the number of jobs created, which means that an investor can instantly know from first glance if the ten-job requirement has been created.
A Targeted Employment is a place where there’s a population of at least 20,000 and where the unemployment rate is 150% that of the national average. If an area is not a recognized TEA, an investor can gather and submit his own data to the immigration service so that a TEA determination can be made, however, the immigration service itself is not responsible for that.

Since the United States employs a worldwide taxation system where all national-based and overseas assets of its citizens are taxed, once a foreigner becomes a permanent resident, all his assets overseas are also taxed.

In recent years, thanks to the EB-5 Investor Visa, Las Vegas has enjoyed a fresh injection of life into its economy. The first project made in the area using EB-5 money was the Downtown Grand Casino, followed by SLS, known before as the Sahara Hotel. Other projects that followed include World Resorts, Clarion Hotel, Dynasty Hotel Casino, and Lucky Dragon.

And there are companies that are actively soliciting foreign investors. A very good example is Silverstein Properties, which marketed its Four Seasons Restaurant in downtown Manhattan as an EB-5 investment opportunity. Other TEA that have received EB-5 investor funding include the Hudson Yards Redevelopment Project, and the New York Wheel, among others.

If you are interested in investing in the United States, you can and should do it through the EB-5 Visa. It’s relatively easy to do when you decide to invest in a designated TEA project that needs a fresh infusion of funding.

Finding the Best Business Audit App

audit app imageA business audit app can be extremely useful. It allows you to conduct important business while on the go, and can streamline a lot of complicated processes. However, because the type of work you’ll be doing with this app is so important, you want to make sure that you choose a quality product.

Luckily, it’s fairly easy to separate the best apps on the market from less efficient products. Most app stores have a set of criteria that keeps lower-quality products from appearing in their store at all. In addition, there are usually plenty of user reviews to read.

If you want to make sure you find the best app possible, you’ll want to start by searching the app store. See which products rank highly, and see what reviewers have to say about them. Make a note of any apps that seem promising.

From there, you’ll want to seek out reviews from other sources. Because it can be difficult to type up a review on a mobile device, a lot of people limit their reviews. You can find more in-depth reviews if you read websites. In fact, there are sites that specialize in app reviews.

You’ll also need to decide whether you want to use a free app or a paid app. The main advantage of using a free app is obvious: you won’t have to pay anything to try the app out and see how you like it. However, there are some disadvantages to free apps as well.

Since free apps don’t make their money through sales, they have to rely on income via ads instead. This can be very distracting. Free apps also tend to be of a lower quality than paid apps, though this isn’t a universal rule. Always make sure you know what you’re getting before you download something.

While you do have to shell out money to use paid apps, many of them offer some kind of free trial. There are also a lot of apps that offer both free versions and paid version. You can try the free version, see if you like it, and then purchase the paid, ad-free version if you’re happy with it.

Because it can be difficult to get a refund for a paid app, you should always make sure that you’re happy with what you’re buying. Do your research and make sure that the app has plenty of good reviews.

A well-made business audit app can really be beneficial. Once you find one, you’ll probably find all kinds of opportunities to use it. In fact, a lot of the best-selling apps on the market allow you to do more than audit. They offer other useful features as well.

Make sure you do your research and find an app that you’ll love. If you do that, you’ll be happy with your final choice, whether you decide to use a free app or a paid one. There are all kinds of great options out there for you to choose from.