EB-5 Investors from Calgary, Alberta Who Want to Learn More About EB-5 Investments
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]EB-5 investors from Calgary, Alberta considering their options for making EB-5 investments should read further to learn about why investing in an EB-5 visa project sponsored by the EB5 Affiliate Network (EB5AN) could be a great opportunity.
EB5 Affiliate Network offers many tools for investors from Calgary, Alberta. The Network is prepared to assist EB-5 investors through the EB-5 process, starting with helping them determine which projects are right for their investments.
Events and Consultations
EB5 investors from Calgary can choose a time to meet with an EB5AN consultant on the EB5AN website. Calgary-based investors are also invited to register for an event in Canada to connect to EB5AN employees and hear more about EB5 investment options.
What Are the Advantages of a Green Card?
Green Cards give EB-5 investors and their families access to myriad privileges and possibilities, such as the following:
Possibilities for Residency and Citizenship
- The EB-5 visa program is one of the most efficient paths to gaining U.S. resident status. By participating in the program, EB-5 investors are able to secure Green Cards for themselves as well as their spouses and unmarried children younger than 21.
- In retirement, EB-5 investors with Green Cards have access to pensions earned in the United States and in the country from which they emigrated. Retired Green Card holders may also have the option to access Medicare and other similar benefit programs.
- Once they have lived in the United States with Green Cards for a period of at least 5 years, EB-5 investors become eligible to apply for U.S. citizenship if they desire.
Expanded Work Opportunities
- Green Cards allow EB-5 investors and their family members the option to live and work anywhere they want within the United States.
- Investors have their pick of U.S. locations, from beaches in Florida or the Carolinas to the mountainous terrain of Colorado. Investors who prefer small-town life can choose a quiet, rural town to settle in, while those who prefer the big city can choose from a variety of urban locations.
- Some states do not collect state income taxes. Two examples are Alaska and Wyoming.
- Investors participating in the EB-5 visa program do not need a visa or employment sponsor.
- With a Green Card, no one is required to have an H-1B work visa to work in the United States.
Freedom to Travel
- EB-5 investors with Green Cards can feel free to depart from and reenter the United States as they see fit. However, it must be noted that certain travel restrictions apply.
- Green Card holders are free to visit anywhere in the United States, giving EB-5 investors the chance to explore the country.
- If a political shift or other unexpected event takes place in their home country, EB-5 investors with Green Cards will be able to enter the United States as quickly as possible with their families.
Choices in Education
- With Green Cards, EB-5 investors can enroll their children in U.S. public schools for free from elementary through high school. Green Cards also make investors eligible for reduced college costs in the form of in-state tuition for public colleges and universities.
- Students with U.S. resident status have an increased chance of admission to U.S. universities by up to 350%.
- EB5 investors with Green Cards can pay in-state tuition prices, making the cost of college lower for them. Students with Green Cards also become eligible for scholarships and financial aid.
- Students who are permanent residents can have jobs while studying, work as interns, and easily apply for employment after finishing school.
Conditions for EB-5 Investments
EB-5 Investments must follow the conditions outlined below:
- EB-5 investors must put a minimum of $800,000 toward any project located in a targeted employment area (TEA). Any project not located in a TEA requires a minimum of $1,050,000. Fortunately, EB5AN manages only EB-5 investment projects located in TEAs, so EB-5 investors who invest in the Network’s projects may invest the lower amount of $800,000.
- Each EB-5 investment must result in at least 10 jobs with full-time hours for qualified workers in the United States. These jobs have to last for at least two years.
- An EB-5 investment must result in a new commercial enterprise, or, in some cases, help recuperate a troubled business. Certain guidelines apply for determining what qualifies as a troubled business.
- EB-5 investors have to prove that the funds they invested were obtained legally and remained at risk during the investment period.
How To Select the Best Project for EB-5 Investment
It is essential for prospective EB-5 investors from Calgary to consider both financial and immigration risk when choosing a project for investment.
The funds of an EB-5 investment must be at risk for the entire investment period. This requirement ensures that a true investment is made and that no one simply exchanges funds for a Green Card.
However, this language of risk is misleading. EB-5 investors are never required to invest a “risky” project. Contrarily, EB-5 investors should be sure to carefully evaluate projects so they can choose one that puts them at little financial and immigration risk.
To guide EB-5 investors through evaluating projects, EB5AN and Klasko Immigration Law Partners came up with the EB-5 Project Risk Assessment Tool, which consists of a series of questions that equip EB-5 investors to make the best decision possible in terms of financial and immigration risk when choosing a project.
Download our EB-5 Project Risk Assessment Questionnaire
Why Are Projects Sponsored by Regional Centers a Good Choice for Investment?
Due to special rules that apply only to regional centers, the EB5 application process will be simplified for EB-5 investors who decide to invest in a project sponsored by an EB-5 regional center. Regional centers are allowed to determine the number of jobs created by an investment with an indirect method of job calculation in which an economic study is used. This rule applies for up to 90% of jobs resulting from an EB-5 investment in a regional center project. The effect this has on EB-5 investors is that for a significant number of jobs created by their investment, they will not have to provide W-2 employment documentation. Instead, they will have to prove only that their investment was used as planned by the regional center project.
EB-5 Affiliate Network is always prepared to quickly sponsor EB-5 projects with their regional centers. The Network manages regional centers across many different U.S. states, giving EB5 investors from Calgary, Alberta their pick of project locations.
Contact EB5AN
To learn more about the Network’s services and resources and to find out which of its regional centers have projects currently open for investments, EB-5 investors from Calgary, Alberta and other cities in Canada can contact EB5 Affiliate Network by calling 1-800-288-9138 or sending an email to info@EB5AN.com.
Calgary, Alberta
Calgary- Demographics
At 1,306,784, Calgary’s population is the fifth greatest of any metropolitan area in Canada. The population density in Calgary is 1,592.4 people per square kilometer. As of a census taken in 2016, 60% of the population in Calgary was of European descent, 4% was of Aboriginal descent, and 36.2% came from non-white and non-Aboriginal backgrounds. The most common languages spoken in Calgary, Alberta in 2016 were English, French, Tagalog, Punjabi, Cantonese, Mandarin, and Spanish.
Calgary- Economy
Calgary is a large contributor to the oil and gas industries in Canada, and many gas and oil companies have headquarters in Calgary. While oil and gas make up a large portion of Calgary’s GDP, other industries are also on the rise, and oil and gas are becoming less dominant. Financial services, film, technology, health, transportation, and manufacturing are also industries that contribute to Calgary’s economy. Calgary is part of the Calgary-Edmonton Corridor, a region in Alberta, Canada, that has experienced rapid growth and is the most urbanized part of Alberta.
Calgary- Location, Climate, and Geography
Calgary is located in the southern part of Alberta between the Rocky Mountain Foothills and the Canadian Prairies. The Bow River and the Elbow River meet in Calgary at Fort Calgary. In the summer Calgary is warm and in the winter it is very cold and dry. Residents of Calgary experience the most sunny days per year of any of the top 100 largest cities in Canada.
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