Nov 25 2024 28 mins
Vince Lalonde and Michael O'Rourke from Pace Law Immigration outline the highlights of the EB-5 visa for Canadian investors who want to live in the United States.
What is the EB-5 Visa?
- Who is it for?
- What does it cost?
Life in the US:
- lower taxes
- cheaper housing
- lifestyle options
Investment:
- flexible
- plentiful options
- safer (EB-5 Reform and Integrity Act)
- possible returns on investment
Green Card Advantages:
- better than a tourist/work visa
- no restriction on employment
- eventual access to Medicare
- no restrictions on ownership of property
Green Card Advantages:
- no required return to Canada
- no requirement to maintain a Canadian company (in the case of L-1)
- no ticking clock on visa expiry
- no arbitrary refusals upon renewal
Faster path to green card than employment or marriage-based routes, especially for Canadians.
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