Investing in the American dream is a reality. If you’re reading this, you’re probably thinking of the United States as a new home. The best way to do so temporarily or definitively has a lot to do with the E2 Visa and the EB5 Visa.
The E2 Visa allows you to live in the United States by making an investment (you’re not getting a residence) Therefore, you’ll have to renew it every 3 or five years, depending on your intentions to keep living in the US.
The main difference between the E2 visa and the EB5 visa is the renewal nature. With the E2 you must make sure to renew the visa every three to five years, and it won’t give you a residency no matter how long you have been living in the US. It is a visa to live legally for an indefinite amount of time. Conversely, you can process it through a company you are working with and they will give you a hand with the issuing process.
On the other hand, with the EB5 Visa, you can invest in a construction project for an amount of USD 500,000. This is an investment process that might or not involve a lot of time in between but it can give you the chance to live legally in the US.
Many companies invest in the projects that are developed through an EB5 Visa, simply because with each quote they see a return of a much cheaper capital from which they can garner benefits instead of resorting to a bank. It’s a win-win situation since the applicant takes advantage of obtaining U.S. residency in a much simpler way.
Now, when it comes to Visa E2 projects and its investors, they recommend properties with purchase obligations and properties that can be remodeled and then rented or sold according to the initial investment.
If you are thinking of moving to the US and you need the help of a real estate agent contact us at The Coto Group (305.422.9286) or follow our social media channels @TheCotoGroup on Instagram, Twitter, Facebook, YouTube, and LinkedIn to know more about Real Estate all over Key Biscayne and Brickell. With over three decades of real estate experience, The Coto Group surely knows best.