Information for Prospective EB-5 Investors from Edmonton, Alberta Who Have an Interest In EB-5 Investments
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]EB-5 visa projects managed by the EB5 Affiliate Network (EB5AN) are wonderful investment options for potential EB-5 investors from Edmonton, Alberta for many reasons.
EB5 Affiliate Network provides support for investors through each phase of the process, from project selection to the application. Investors from Edmonton can learn more about the many ways EB5AN offers assistance below.
Opportunities to Get in Touch with EB5 Affiliate Network (EB5AN)
Edmonton-based EB5 investors who want to discuss EB-5 investment are encouraged to meet with an EB5AN consultant or attend an event. Throughout the year, EB5AN holds several events in different locations around the world, including in Canada.
How Green Cards Can Benefit Investors from Edmonton
U.S. Green Cards widen the pool of life options for EB-5 investors from Edmonton. With a Green Card, many perks become accessible. Some of the most notable are listed below:
Residency That Leads to Citizenship
- The EB-5 residency program is a relatively quick, smooth path to U.S. residency with comparatively short wait times for foreign nationals. Through the program, investors are able to secure Green Cards for their spouses and unmarried children under 21 in addition to themselves.
- Once in retirement, people with Green Cards can use pension funds they earned in Canada as well as those they earned in the U.S. Retirees might also be eligible for Medicare and other government-run programs.
- Once EB-5 investors have lived in the United States under permanent resident status for a period of no less than 5 years, they have the option to apply for citizenship.
New Work Opportunities
- Green Cards make EB-5 investors and their family members eligible to work and live anywhere within the United States.
- Whether you wish to reside on the coast in Florida or Maine or in the mountains of Montana, you’ll be able to make it a reality with a Green Card. You’ll have your pick between fast-paced city life and quiet, small-town living.
- Some investors might find it appealing that certain states, such as New Hampshire and Wyoming, do not charge state income taxes.
- Neither a visa sponsor nor an employment sponsor is needed in the EB-5 visa program.
- Additionally, no H-1B work visa is required to seek employment in the United States for people with Green Cards.
Chances to Travel
- Those who hold Green Cards can exit and return to the United States without having to fear that they will not be allowed to reenter the country. Please note that a few travel restrictions apply.
- With Green Cards, EB-5 investors have the chance to explore the whole United States and to move wherever they wish within the country.
- In the case of a consequential event in Canada, such as an unexpected political change, investors and their families with Green Cards could quickly enter the United States.
Access to the U.S. Education System
- EB-5 investors with Green Cards gain access to the U.S. public school system, meaning they can enroll their children in free elementary, middle, and high school programs. They also become eligible for in-state tuition prices for public colleges and universities, meaning they can pay a lower tuition amount for schools located in the state where they live.
- Students who are U.S. residents have up to a 350% higher chance of admission to universities in the United States.
- Green cards make EB5 investors eligible to pay less expensive, in-state tuition prices. Green Cards also make students eligible for financial aid and scholarship opportunities.
- Permanent residents can hold jobs and internships while in school and apply for jobs upon graduating.
What Is Required from Investors?
The following conditions must be met regarding EB-5 investments:
- When investing in a project located in a targeted employment area (TEA), an EB-5 investor is required to invest at least $800,000. The threshold for investments made in projects not located in TEAs is higher, at $1,050,000. Fortunately, all projects run by EB5AN are located in TEAs, qualifying investors for the lower $800,000 investment amount.
- It is required that an EB-5 investment lead to the creation of 10 jobs for eligible U.S. workers. All jobs must be full-time positions that exist for no shorter than two years.
- A new commercial enterprise must be developed from an EB-5 investment. In certain scenarios, an investment in a troubled existing business qualifies as an EB-5 investment if sufficient changes are made.
- Funds put toward EB-5 investment must be legally attained and remain at risk while invested. EB-5 investors must prove these criteria are met.
What Steps Should EB-5 Investors Take to Be Sure They’re Choosing a Strong Project?
Prospective EB-5 investors in Edmonton are strongly encouraged to consider both financial and immigration risk when embarking on the task of choosing a project for their investment. Giving substantial consideration to these two factors in the early stages will greatly increase the chances that an investment will have a successful outcome.
Capital invested by an EB-5 investor must be at risk for the whole investment period. This requirement prevents the simple exchange of capital for a Green Card and enforces true investment.
Despite what that language may lead some to believe, investors should not feel any pressure to put funds toward a “risky” project. Rather, EB-5 investors will have the best chance of success if they do their due diligence when considering projects.
EB5AN and Klasko Immigration Law Partners worked together to create an EB-5 Project Risk Assessment Tool to help EB-5 investors with the important task of choosing a project. The assessment uses the frameworks of both immigration and financial risk. It gives investors the tools to ultimately select a project that decreases their chances of facing a high level of either type of risk.
Download our EB-5 Project Risk Assessment Questionnaire
Why Do So Many Investors Choose to Work with Regional Centers?
EB-5 investors who pick a project sponsored by an EB-5 regional center will have a simplified application process. This is particularly true regarding showing proof that an investment has met job creation requirements. Regional centers are unique in that they are permitted to use an indirect method to calculate jobs created from EB-5 investments. With this method, an economic study is used to determine job creation resulting from an EB5 investment. It is permissible for this method to be used to calculate up to 90% of jobs that result from an EB-5 investment in a regional center project. What this means for EB-5 investors is that for a significant portion of jobs resulting from their investment, they will have to prove only that their investment was used in line with a regional center’s business plan, instead of providing W-2 employee documents as proof of job creation.
EB-5 Affiliate Network has regional center locations throughout the United States, which means they are always ready to work with EB-5 investors from Edmonton, Alberta to sponsor EB-5 projects right away.
EB5AN Can Help EB-5 Investors from Edmonton
Getting in contact with EB5AN is a great way for prospective EB-5 investors from Edmonton, Alberta and other cities and towns in Canada to get started.
If you are from Edmonton, Alberta, and interested in EB-5 investment, get in touch by calling 1-800-288-9138 or emailing <info@EB5AN.com to find out which of EB5 Affiliate Network’s regional center projects are currently ready to receive investments.
Edmonton, Alberta: What’s It Like?
Who lives in Edmonton?
Edmonton had a population of 1,010,899 in 2021. It is the fifth-largest city in Canada. The population density in Edmonton is 1,320.4 square kilometers as of 2021. The population of the metropolitan area is larger still. The Edmonton metropolitan area has the second-largest population in Alberta. Edmonton’s population was composed of 55.8% people of European origin and 6.4% people of Aboriginal origin in 2016. The same year, 37.1% of people living in Edmonton self-described as minorities.
What is Edmonton’s economy like?
The gas and oil industries are very large in Edmonton, which functions as northern/central Alberta’s main economic center. Since the mid-twentieth century, Edmonton has been called the “Oil Capital of Canada.” A lot of research takes place in Edmonton, especially research related to energy and technology. Edmonton is home to Alberta Innovates, Edmonton Research Park, and the University of Alberta. Many large, successful companies began in Edmonton before going international.
What is the climate like in Edmonton?
Edmonton is located farther north than any other city in North America where more than one million people live. Its climate is humid with very cold winters and warm summers. Being so far North, during the longest days of summer Edmonton gets just under two hours of darkness. Edmonton is famous for its nature—the river valley in the city is the largest span of continuous parkland in any urban area on the continent. Compared to surrounding areas, Edmonton enjoys one of the longest growing seasons in its region.[/vc_column_text][/vc_column][/vc_row]