Investors from Quebec City, Quebec who are considering making EB-5 investments in the near future should read below to find out about opportunities for investment through EB5 Affiliate Network (EB5AN). EB5AN can serve as a resource for investors and guide them through the EB-5 visa program application process.
EB-5 Investors from Quebec City Are Invited to Reach Out to EB5 Affiliate Network (EB5AN) to Discuss Investment Opportunities
Investors from Quebec City, Quebec who are ready to move forward with EB-5 investments should call 1-800-288-9138 or email info@EB5AN.com to get in touch with experts from EB5 Affiliate Network’s and find out which of EB5AN’s regional center projects are currently open to receive EB-5 investments.
How Can Green Cards Be Beneficial to Investors from Quebec City?
Obtaining Green Cards can be a good way for EB-5 investors to secure opportunities for themselves and their families. Several perks that come with Green Cards are explained below.
Resident Privileges and Citizenship Opportunities
- The EB-5 visa program offers investors one of the fastest paths to U.S. residency. Through the program, investors will be able to get Green Cards for themselves and qualifying family members, meaning spouses and unmarried children younger than 21 years of age.
- When they retire, EB-5 investors may be eligible for Medicare and other assistance programs administered by the U.S. government. They will also be able to access pension funds earned abroad and in the United States.
- Once they have lived in the United States for five years, Green Card holders become eligible to pursue U.S. citizenship.
Choice of Location
- EB-5 investors with Green Cards can cross state lines with no restrictions and move freely throughout the fifty states. They may also leave and return to the United States without being denied reentry. Some travel restrictions apply.
- There are no restrictions on where EB-5 investors with Green Cards can travel or live in the United States.
- In case an unexpected, disruptive situation arose in a Green Card holder’s home country, they and their family could easily gain entry to the United States.
Open Doors to Education
- The U.S. public school system is accessible for those with Green Cards. This means that EB-5 investors with Green Cards can enroll their children in free public schools from elementary through high school. Residency status also gives EB-5 investors the option to pay lower, in-state tuition prices at public colleges.
- Students who are U.S. residents see up to a 350% increase in their chances of admission to U.S. universities.
- Some colleges charge discounted tuition for students living in the state where the school is located. Green Cards make EB5 investors eligible for these lower tuition prices. Green Card holders are also eligible for financial aid and scholarships for U.S. residents.
- Permanent resident status allows college students to hold jobs and internships during school. Residents can also easily apply for jobs or continuing education after graduating without having to worry about changing their status.
No Restrictions on Living and Working in the United States
- EB-5 investors and family members can live and work in any of the fifty U.S. states with Green Cards.
- They can choose between mountainous states like Montana and Arizona to states near the Great Lakes like Illinois and Michigan. Whether EB-5 investors prefer big city life or the slower pace of a small town, they will find a place in the United States.
- Not all U.S. states charge state income taxes. Two states that do not are Alaska and Tennessee.
- EB-5 investors with Green Cards do not need a visa sponsor or an employment sponsor.
- No H-1B work visa is needed for Green Card holders to be authorized to work in the United States.
Standards EB-5 Investments Must Meet
Certain rules apply to EB5 investments. See the following list for details.
- Some EB-5 projects are in targeted employment areas (TEAs) and some are not. EB-5 projects located in TEAs have a lower minimum investment requirement of $800,000. Projects not in TEAs require a minimum investment of $1,050,000. The good news for investors who choose to work with EB5AN is that every one of EB5AN’s projects is located in a TEA, qualifying investments in those projects for the lower $800,000 minimum.
- Ten jobs for qualifying U.S. workers must be created or preserved by an EB-5 investment. These jobs must have full-time hours and last for a period of at least two years.
- EB-5 investments have to be in new commercial enterprises or go toward reviving troubled businesses.
- Capital put toward an EB-5 investment must remain at risk for the duration of the investment. Investors must prove that their EB-5 investment funds were legally acquired.
EB-5 Project Selection: Making an Informed Choice
EB-5 investment funds are required to stay at risk the whole time they are invested. This requirement ensures that capital is actually invested and no one can simply “buy” a U.S. Green Card.
Though funds must be at risk, EB-5 investors do not need to make investments in “risky” projects to meet this requirement. In fact, it is important for EB-5 investors to carefully assess each potential project before committing to an investment.
When considering projects for EB-5 investments, investors from Quebec City should always evaluate them in terms of both financial risk and immigration risk.
In order to assist investors in the evaluation process, Klasko Immigration Law Partners and EB5AN developed the EB-5 Project Risk Assessment Tool, which is meant to guide EB-5 investors through the process of evaluating potential projects according to the frameworks of immigration and financial risk.
Regional Centers: What Are the Benefits for EB5 Investors?
There are two main options for EB-5 investments: direct investments and investments in EB-5 regional center projects. Investments in regional center projects offer an advantage for investors, in that regional center projects are permitted to use an indirect method to calculate the number of jobs created by an EB-5 investment, in which an economic study is used to measure the investment’s impact. This rule applies to up to 90% of jobs associated with a regional center project. For investors, the impact of this special rule is that investors who invest in regional center projects will be tasked with proving only that their investment was spent in accordance with the regional center’s plan, rather than showing paperwork, such as W-2 forms, to enumerate direct job creation.
With its large collection of regional centers located across various U.S. states, EB-5 Affiliate Network is prepared to sponsor EB-5 investment projects with promising business plans for EB5 investors from Quebec City, Quebec.
Opportunities to Connect with EB-5 Experts from EB5AN
There are multiple ways for investors from Quebec City to connect with professionals from EB5AN. Investors from Quebec who want to learn more about the EB-5 process can attend one of the events held in Canada by EB5 Affiliate Network. They can also schedule a time to meet with an EB5AN consultant.
Interesting Facts about Quebec City
Quebec City: Who Lives There?
In 2016, Quebec City had a population of 531,902. Quebec City has a less diverse population than other large cities in Canada in terms of both ethnicity and language. A very large majority of people in Quebec City speak French as a first language, at 94.6%. Only 1.5% of Quebec City’s population speaks English as a first language.
Quebec City: What Makes it Unique?
Quebec City is the capital of Quebec. It is the eleventh-largest city in Canada. The Quebec Winter Carnival is a famous event that takes place in Quebec City and brings in many tourists. Quebec lies on the Saint Lawrence River in the area where it becomes narrower and runs into the Saint-Charles River. The name Quebec comes from the Algonquin word “Kebec,” which means “where the river narrows.”
Quebec City: What Industries Contribute to the Economy?
The provincial government is the biggest employer in Quebec City. Most people in Quebec City are employed in the sectors of public administration, services, defense, tourism, manufacturing, and transportation. Items manufactured in Quebec City include paper, chemicals, electronics, processed food, and items made of metal and wood.