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Along with the increase in the number of professionals who export their manpower services towards the United States, we are also interested, still in a pandemic period, in the manner of investor visa be resident in that country.
The stability that it offers, added to the fact that its economy and its demand for labor are strong, this is what makes it a attractive destination for many Argentinian entrepreneurs and businessmen looking grow your business there, without ceasing to have your project in Argentina, or trying your luck in the northern country.
In this context, it is preferable to know in detail what are the investor visa options, What Opportunities currently offers the market, and what is the money needed to be able to apply.
Interest has grown in how to get an investor visa to reside in the United States Photo: Archive
What types of visas exist to be able to invest in the United States?
You can aim to obtain a visa that allows develop a business and nothing else, and that it gives the credentials it needs for that, or you can also choose a visa which allows you to opt for a permanent residence in the United States.
Then a comparison between visas EB-5 (immigrant, without expiration and regardless of the destination of the investment) and E-2 (non-immigrant, with less investment, but in constant renewal and linked to the results of the company in which he is invested).
EB-5 visa:
. Leads to permanent residence in the United States for the investor and his family (after 2 years of conditional residence and 5 years of permanent residence).
. Daily administration is not required EB-5 investment if it is invested in the regional center program.
. You can legally work in the United States parallel to the current conditional residence. It gives the investor and his family the freedom to live, work anywhere in the United States, no matter where the investment is.
. The investor and his family can travel to and from the United States. at your convenience.
. The investor and his family can attend university in the United States and receive tuition discounts for residents instead of paying more to be foreigners.
. It is also possible to qualify for programs retirement and health insurance.
. There is no obligation to speak English.
. Today it can be applied with almost a 50% reduction by means of investment in a qualified company in the United States for u $ s 500,000 and creation of 10 jobs.
While the former president Donald trump He changed it to $ 900,000 in November 2019, in June of this year a judge said the program was installed illegally by the last administration and as a result it fell to $ 500,000 again. The September 30 It is estimated that it will be known whether it will ultimately increase or remain at current costs.
The EB-5 visa allows permanent residence in the United States for the investor and their family. Photo: Archives
E-2 Visa:
. As this is a nonimmigrant visa, does not lead to permanent residence nor to citizens. E-2 visa renewals are usually refused if the business fails or is in difficulty.
. The business success it would be directly linked to the immigration status of the investor and his family.
. Must be actively manage the business indefinitely and will be subject to strict documentation collection every week.
. E-2 visa holders they can only work for the investment firm.
. If the business fails, you must leave the United States, even if their E-2 status has not expired, unless they have legally adapted to another visa. When E-2 visa holders sell or close their sponsoring business, they must either leave the United States or qualify for another visa, if they wish to stay.
. They are not eligible for the benefits available to permanent residents such as homestead exemption, eligibility for student loans, certain types of financial aid and college scholarships etc.
. Processing times are faster and E-2 can act as a gateway to an EB-5 permanent residence simultaneously.
. It’s necessary renew it every 2 or 5 years.
. A good command of English is required to be an active employee of the company.
. Today it can be applied with a investment of less than $ 150,000.
What to take into account when choosing an investor visa?
From Dynaxe Capital, a financial advisory firm in the United States focused on advising and mitigating the risk of EB-5 projects, its director for Latin America, Brian Zirulnikoffexplained to Bugle that everything will depend on the immigration priorities of the person or the family.
At the same time, he asserted that “many people end up regretting not having made a visa with the benefit of permanent residence and / or citizenship, because it is very stressful for them to tie their legal stay in the United States. to the success of their business or enterprise. “
According to Zirulnikoff, “the government of EE.UU. issue 10,000 visas (including beneficiaries) EB-5 every year. It is the safest and most efficient instrument to emigrate as an investor or entrepreneur to the USA “.
More … than 90% of the capital is invested in real estate projects of new construction. Over the past 10 years, more than 1,200 Argentines have emigrated in this way.
Although he stressed that currently and for the next two years, it will be a good time to acquire businesses that already exist and they have been operating for years because it helps mitigate the risk of entrepreneurship.
However, he warned that just because it’s the United States is not to be overlooked and over-trusted. On the contrary, “it is necessary watch out for scams which are on the agenda. There are many people who, adept at detecting the needs or desperation of others, come up with unsupported or unreal ventures. “
In this sense, he advised, “do a thorough analysis and test what is on offer, more if it’s remotely, before entering the US. “
The United States issues 10,000 EB-5 visas every year, 90% of the capital is invested in real estate projects. Photo: Archives
How to apply for an EB-5 visa?
. Define the immigration strategy according to the applicant. Among other things, the following are evaluated: available capital; the need or urgency of time to move or obtain residence; if a person, couple or family is traveling; and the type of project, ie whether you want to undertake, invest or a combination.
. If the person or family has a desire to reside in the United States and / or obtain permanent residence and a United States passport, they should contact an Immigration Programs Specialist from EB-5 investment.
. The origins of the investor’s funds are prequalified to make sure the case is successful, before spending money on lawyers. If they are positive, they are presented to two or three qualified EB-5 immigration attorneys and guided through contract negotiation.
. Immigration lawyer prepares documentation and source of client funds, a passive EB-5 project is selected and implemented.
. Approval awaited to receive the approved conditional green card of permanent residence. It usually takes between 31 and 48 months, unless there is a short-term transition visa (which is assessed in the immigration strategy). The deadlines change daily and the times are expected to decrease considerably.
. Finally, 100% of the capital is recovered Paid-up capital plus accrued rate, if you have chosen the secured loan structure, whether the application is approved or not.
Now and for the next two years, it will be a good time to acquire companies that already exist. Photo: Archives
What are the investment opportunities offered by the Miami market?
Depends on visa type chosen by an investor (EB-5, E-2, etc.), the type of business you will invest in. You can start a new project or buy an existing one. With an E-2 nonimmigrant investor visa, an existing business can be acquired, to eliminate the risk of starting a new business.
In general, to acquire businesses that already exist, look for ones that have a proven track record for 5-10 years or more.
Among the most sought-after industries are franchisees, in general, and in particular, of the food industries, accounting, hairdressers, cocktail bars and bars, etc. Services that fall into the broadest category: tourism.
. When you choose a immigrant investor visa, just like the EB-5, the chances are better and they are not linked to renewal or business performance. The leading industry that you usually invest in when you opt for this visa are the companies of real state development. These can be for commercial or diversified use.
. Other investment in growth is in the fintech startups: Miami is a regional hub that offers incentives to settle there. Seeks to capture some of the potentials latin american unicorns (Argentina is leader in the whole region, with more than 10 unicorns) and in the United States, that many startups seeking an alternative to Silicon Valley, after the pandemic.
. There are also investments in general consulting services: Miami’s strategic location offers more opportunities and links for the development of services regionally and in several markets at the same time.
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