Vietnam nationals, if you’re looking to immigrate to the United States through the Houston EB 5 real estate investment (officially known as the EB5 Visa Program) program, you’re probably wondering about the process. Below, we will go through the general steps and what to consider when going through the Vietnam EB5 Visa program (officially known as the EB5 Visa Program).
The EB-5 Immigrant Visa (officially known as the EB5 Visa Program) is one of the easier and faster ways to immigrate to the U.S.
The EB5 Immigrant Visa
The EB5 immigrant visa gives foreign nationals the opportunity to obtain U.S. Permanent Residency through a qualified real estate investment. The EB5 investment amount can be either $1,000,000 or $500,000 USD (depending on the location of the project) and it must create a minimum of 10 jobs.
The EB-5 Immigrant Visa is one of the easier and faster ways to immigrate to the U.S.
Other visas, such as the H-1B, require an employer to sponsor you. With the Houston EB-5 real estate investment program, you’re sponsoring yourself!
There are many positive things to consider.
Things to Consider
In the sections below, we’re going to carefully run through the things to consider when going through the EB5 Program for Vietnam. We want to ensure you have all the information you need to make the process easier for you.
The Vietnam EB 5 visa program is a great pathway to U.S. citizenship.
There Could Be a Delay This Year
Aspiring investors should know that a backlog is starting for Vietnamese investors in the EB5 Program. This backlog is due to the high number of people from Vietnam applying to the EB5 Program. Alexander Perez, an immigration attorney for Houston-based Foster Global Immigration Solutions, describes the backlog like a water hose:
If you think about it as an analogy, it’s like a hose. People are running through the hose like water. Basically, because there are many Vietnamese people running through the hose, the United States has turned the faucet off, turned the spigot off a little bit to slow down the flow of Vietnamese [investors], so they can make sure that people from other countries are getting through in sufficient numbers.
While this backlog will make the process take longer for Vietnamese investors, this does not mean you shouldn’t apply. Act now before the backlog is too long. There are so many great benefits to the EB5 Program – check them out here. It’s one of the best ways to obtain your U.S. Green Card as a Vietnamese national.
Having clear documentation makes things easier to verify.
Document Your Source of Funds for Faster Processing
The best way to speed up the process and ensure quick movement through the Houston EB 5 real estate investment program is to document your source of funds. Having documentation gives a clear look at your flow of cash, which makes things easier to verify.
United States Citizenship and Immigration Services (USCIS) regulations require you to demonstrate and provide proof that your assets were gained in a lawful manner. You will have to show that your investment funds were obtained through lawful business, salary, investments, property sales, inheritance, gift, loan, or other lawful means.
Are your funds a gift from a relative or parent? Great! Just be sure to provide proof that all the appropriate gift taxes were paid. You should also provide proof that the funds were gifted in a simple transaction and won’t be paid back to the person who originally gifted the funds once permanent residency is granted.
There are CPAs in Vietnam who can help you.
Working With a CPA Can Help You
Another tip to speed things up with the Houston EB 5 real estate investment program is to work with an international tax firm. There are two main reasons to do this.
First, an international tax firm may have people in Vietnam who are familiar with both U.S. and Vietnamese tax laws.
Second, they’ll be able to help you with world taxation. Any foreign national seeking permanent residency in the U.S. will not only pay U.S. taxes, but they’ll also have to pay their home country’s taxes as well. An international tax firm would be able to see what tax treaties Vietnam has with the U.S. and help you plan the best tax strategy to save you money!
Houston is one of the most diverse cities in the U.S.
There Are Many Vietnamese Immigrants in Houston
One of the toughest things about immigrating to a new country is adjusting to the unfamiliar culture and getting to know new people. If this is your concern, we have good news. There are many Vietnamese immigrants already in the Houston area ! Some may have also gone through the Houston EB 5 real estate investment program and know what it’s like. It’s always helpful to have a friend who can relate to your experiences when you immigrate.
While there are definitely a lot of new things to explore, you’ll still get to see some familiar things (and maybe make some new friends) as well.
Invest in Your Immigration Future with Houston EB5 Today!
Houston EB5 is a subsidiary of DC Partners, an award-winning real estate development and investment firm with the financial strength and expertise to complete assets of all sizes and types. Houston EB5 was founded in 2010 to help international investors gain permanent United States residency in return for making a qualified real estate investment.
Our current opportunity project, Thompson San Antonio, is now available for EB5 investment. Contact us to get started on your journey towards United States Citizenship. The deadline for the extension of the EB5 program is September 30, 2018. If you’re interested in investing in your immigration future, ACT NOW! call 281-565-1067 or contact us online at info@houstoneb5.com. Remember if the program is extended after September 30, there is the possibility that the minimum investment amount could changed.
Earn Your Visa With the EB 5 Program Real Estate Investment | Houston EB5 – Houston, TX