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About Golden Visa Law in Calabasas, United States

The concept of a "Golden Visa" typically refers to immigration programs that offer residency or citizenship in exchange for a substantial investment in a country. While the United States does not have a program officially called the "Golden Visa," similar opportunities exist under programs like the EB-5 Immigrant Investor Program. This program allows foreign investors to obtain U.S. residency by making significant financial investments in the U.S. economy. Calabasas, known for its affluence and proximity to Los Angeles, is a desirable location for such investments, especially in real estate and business ventures.

Why You May Need a Lawyer

Engaging in the EB-5 program or any similar investment-based visa process can be complex and requires a thorough understanding of U.S. immigration law, local regulations, and investment principles. Here are some common situations where you might need legal assistance:

  • Understanding eligibility criteria and documentation requirements
  • Mitigating legal risks associated with investment choices
  • Navigating the application process for the EB-5 visa
  • Addressing issues related to the source of investment funds
  • Handling compliance with federal, state, and local laws
  • Resolving any disputes or complications that might arise during the process

Local Laws Overview

Several key aspects of local and federal laws are particularly relevant to those considering the EB-5 Immigrant Investor Program in Calabasas:

  • Investment Requirements: The EB-5 program mandates a minimum investment amount, which varies depending on whether the investment is in a Targeted Employment Area (TEA).
  • Job Creation: Investments must create at least 10 full-time jobs for U.S. workers within a specified period.
  • Regional Centers: Many investors choose to work through designated EB-5 regional centers, which can simplify the investment process and job creation requirements.
  • Source of Funds: Investors must provide detailed documentation proving the lawful source of their investment funds.
  • Compliance and Reporting: Adhering to reporting requirements and maintaining compliance with U.S. immigration laws and local regulations is critical.

Frequently Asked Questions

What is the EB-5 Immigrant Investor Program?

The EB-5 Immigrant Investor Program is a U.S. federal visa program that provides a pathway to U.S. residency for foreign investors who make a significant financial investment in a U.S. business and create jobs for U.S. workers.

How much money do I need to invest for an EB-5 visa?

The minimum investment amount is typically $1.8 million, unless the investment is in a targeted employment area (TEA), where the minimum is $900,000.

What is a Targeted Employment Area (TEA)?

A TEA is a rural area or an area with high unemployment that qualifies for a reduced minimum investment amount of $900,000 under the EB-5 program.

Do I have to run the business myself?

No, investments can be made through EB-5 regional centers, which manage the investment and job creation process on behalf of investors.

How long does it take to get an EB-5 visa?

The processing time can vary, but it generally takes one to two years to obtain a conditional green card after the investment and application have been approved.

Can my family members also get residency through my EB-5 investment?

Yes, the primary investor’s spouse and unmarried children under 21 years old can obtain residency through the EB-5 program.

What happens if my investment does not create the required number of jobs?

Failure to meet job creation requirements can result in the denial of permanent residency. Working with experienced legal and financial advisors is crucial to mitigate this risk.

Is it possible to lose my EB-5 investment?

Yes, like any investment, there are risks involved. It is essential to conduct thorough due diligence and seek professional advice to minimize potential losses.

Do I need to live in Calabasas if I invest there for an EB-5 visa?

There is no requirement to live in the exact location of your investment. However, you must meet general U.S. residency requirements, such as maintaining a physical presence in the country.

Can an attorney help me choose an EB-5 regional center?

Yes, an experienced attorney can guide you through the selection of a reputable regional center and help ensure that your investment meets all legal requirements.

Additional Resources

If you need further information or assistance, consider consulting the following resources:

  • U.S. Citizenship and Immigration Services (USCIS)
  • EB-5 Regional Center Program
  • Calabasas Chamber of Commerce
  • California Department of Business Oversight
  • Local Immigration Law Firms and Attorneys

Next Steps

If you require legal assistance with your Golden Visa or EB-5 application in Calabasas, consider taking the following steps:

  1. Schedule a consultation with an experienced immigration attorney who specializes in investment-based visas.
  2. Gather all necessary documentation related to your financial status, investment funds, and prospective investment projects.
  3. Discuss your investment options and risk factors with your attorney.
  4. Complete and submit your EB-5 application under the guidance of your legal advisor.
  5. Ensure continuous compliance with all legal requirements and keep open communication with your attorney throughout the process.
Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.