Even though the COVID-19 pandemic has put most international travel and immigration at a standstill, immigrating to the United States after COVID-19 subsides remains as great an idea as ever. The EB-5 Immigrant Investor Program remains one of the best immigration pathways to foreign nationals, as the pandemic is still a great time to take advantage of this program and receive a U.S. green card.
Friends and Relatives in the United States Will Remain After the Pandemic
Any friends, family, and business connections you may have in the United States are likely to remain after the COVID-19 pandemic passes. Applying for a U.S. green card under the EB-5 investment program will grant you precious time to reconnect with close ones, given that after you receive your conditional permanent resident status, you will need to spend most of your time in the United States to maintain it.
Following five years of permanent residency in the United States, you can choose to apply for citizenship, which would give you the ability to split your time between the United States and anywhere else in the world.
U.S. Colleges and Graduate Programs Remain Some of the World’s Best
The United States has some of the world’s premier colleges and universities—such as MIT, Stanford, and Harvard—and is home to the renowned Ivy League.
Although COVID-19 has caused many of these prestigious colleges to close to in-person learning, these schools have not stopped issuing their exceptional degrees. Foreign nationals who are currently studying or plan to study at U.S. universities may find the EB5 investment program the perfect fit. An EB-5 visa can increase a student’s chance of admission, offer a lower cost of tuition, and allow a student to live and work in the United States during and after their time at university.
The U.S. Economy Will Rebound After COVID-19 Passes, Providing Many Opportunities for Investment
Unlike economic recessions, recessions due to natural disasters like the COVID-19 pandemic are often followed by a V-shaped recovery. Government aid provided to many small businesses and U.S. corporations will keep these organizations afloat during the pandemic and allow many to quickly recover once the crisis passes.
Likewise, many industries, such as delivery service, health care, and e-commerce, are rapidly growing, and countless entrepreneurs have launched new business ventures in these areas. The period following the COVID-19 era may provide many investment opportunities. Many U.S. workers have already decided to emigrate from major urban centers like New York City, and if this trend continues, many more areas of the United States may count as targeted employment areas (TEAs). This would allow EB-5 investors to qualify for the lower minimum EB5 investment amount of $900,000.
The EB-5 Investment Program Has Remained Active During the Pandemic
Although the pandemic has created some obstacles for EB-5 investment participants, such as the temporary closure of all U.S. embassies and consulates, EB-5 applications are still being processed. It is even possible that I-526 petitions are being adjudicated quicker, since USCIS has more processing time, making it the perfect time to make an EB5 investment.