EB5 program for Taiwanese Investors allows them to register for a green card, or permanent residency in the US. These investors, along with their spouses and minor children, are granted permanent residence in the United States through a green card. For investors from Taiwan to be eligible for an EB5 visa, their minimum investment must create 10 full-time American jobs.
Program Overview
With a ranking of 4th amongst the most EB5 Visa issued countries, Taiwanese Investors are very keen on getting their EB5 visa in view of its many advantages. Over 1.58% of the total EB5 Visa issued in the fiscal year 2023 were given to Taiwanese Investors. The EB5 visa has enabled foreign citizens to avail benefits provided by the United States of America such as better Lifestyle, education facilities and Job opportunities.
Things to know before Investing
- Investment amount: The investment carried by the Taiwanese investor for the EB5 Visa should be “at risk” according to the United States Citizenship and Immigration Services (USCIS).
- The minimum investment is $800,000 ($24,873,840 New Taiwan Dollar) for a region of high unemployment rates.
- For a Non-Targeted Employment area the investment is $1,050,000 ($32,656,050 New Taiwan Dollar) for a non-Targeted Source of funds.
- Jobs: The US business should generate at least 10 full-time jobs for Americans. A person will get a complimentary VISA for 2 years until the investments are not verified in the form of jobs.
- Timeline: Due to a limited number of visas issued in a particular fiscal year, The U.S. Citizenship and Immigration Services allows 10,000 EB-5 visas a year. Backlogs may also increase waiting time for the investors. Generally in 29-36 months a person can be issued their green card if all the verifications and investments are successful.
Benefits for EB5 Program for Taiwanese Investors
Taiwanese investors and their spouses, as well as minor children, benefit from the following:.
- US corporate investment: The EB5 Visa is applied for by Taiwanese investors due to its investment opportunities. There are no language, labor certification, or educational requirements for the EB-5 Visa for Taiwanese investors.
- Citizenship and permanent residency: The opportunity to work and live in the United States permanently draws in investors from Taiwan. Taiwanese investors can apply for citizenship after receiving a green card through the EB-5 program, along with their dependents. Being a citizen of the United States entitles one to vote and a passport.
- American schooling for kids: Investors from Taiwan are permitted to send their single children under 21 to study in the US. In the US, kids who have green cards are eligible to apply for federal loans and scholarships. Children who are not married can do the following as permanent residents. A foreign student having an EB5 Visa pays 150% to 300% lower tuition fees as compared to foreign students.
What are the Risks of EB5 Program for Taiwanese Investors
- Immigration risks. Obtaining a green card through an EB-5 Visa investment does not guarantee one. For the Taiwanese investor to be eligible to apply for permanent residency, they must fulfill all EB5 Visa requirements.
- Investment Risks: The investment must be “at risk,” according to the United States Citizenship and Immigration Services (USCIS). When applying for an EB5 Visa, the Taiwanese investor should be ready to accept both gains and losses.
- Fraud risks: Due diligence should be done by Taiwanese EB-5 Visa applicants to confirm the validity of prospective project investments.