I am asking this question for a friend...
They are South African living in Dubai. They want to begin investing in real estate in the USA and they only have one problem that is stopping them. They would like to retire in the US and want to find out if it is possible to obtain an EB-5 visa for investing in real estate. They already know about the $1 million dollar (this is not possible for them) or $500K investment rule and that they will have to add 10 USA jobs... Does anyone have experience with this or know a good immigration attorney? They can invest $500K buying real estate over the next few years but they want to get advice on the best way to structure their company (legal advice). Or are there any foreign investors here not living in the USA but still feeling it is worth it to invest anyways? Thanks.
I know it's a bit off topic. Thanks.
Hello. Totally understand how your friends feel. I am currently a Permanent Resident after 10 long years of being a student using an F-1 visa and then transitioning to H-1B and finally a PR after being 6 years on the H-1B. I am fortunate to have an employer sponsor and subsequently fully fund my PR application.
We used https://www.davisbrownlaw.com/Default.aspx as our law firm. Highly reputable in Iowa. Not cheap, but good. Unsure whether they'll deal with EB-5s but worth a shot asking.
Hi Becky, thank you so much! I will let them know.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you