Arizona Entities Provide Help Securing EB-5 Visas, Doing Business in the U.S.

Making the decision to grow or expand your business into a country like the United States can be an overwhelming decision, but the China-Arizona Alliance – a joint partnership between the state’s premier economic development groups, Arizona State University and Green Card Fund – was created to make the process easier than ever for non-American citizens to do just that.

One of the most critical points in this process is securing visas through the U.S. EB-5 Immigrant Investor Program, whichencourages economic growth in the U.S. through foreign capital investment and job creation. The program provides a way for non-citizens to secure permanent residency (a green card) if certain investment parameters are met.

The Chinese Chamber of Commerce-Arizona, a proud and distinguished organization in the region for 75 years, recently presented a forum on the EB-5 Program, focusing on industry opportunity in Arizona and benefits for global investors. The panelfeatured speakers from industriesinvolved in the EB-5 process, including: law; finance; banking; and taxation. The panel highlighted important requirements to qualify for the EB-5 Program, including:

  • A minimum investment of $1 million dollars ($500,000 in a rural or high-unemployment area)
  • Investment must be in a for-profit U.S. business
  • At least 10 full- time jobs must be created over a period of two years

Green Card Fund, a prominent member of the China-Arizona Alliance, also provided key insight and commentary on the EB-5 program. According to Green Card Fund Partner Kyle Walker, the organization acts as a conduit between investors and commercial projects, with a mission to “simplify access to (and approval for) low-risk EB-5 investments for qualified foreign investors.” For more information about Green Card Fund, visit www.greencardfund.com.

More than 78 percent of the EB-5 visas extended in 2012 were to Chinese investors, underscoring a deep interest in U.S. investments by Chinese entrepreneurs and businesses.

Arizona is a prime location for those investments, with a low-tax business landscape, growing economy and strategic location in the Southwest that offers easy connectivity to neighboring California, Texas and Mexico.

For a comprehensive guide on doing business in the United States, with detailed information specific to the Greater Phoenix region, download “Doing Business in Greater Phoenix, U.S.A.

This guide was compiled by some of the area’s top experts and provides a glimpse into the kind of assistance we can provide to Chinese companies considering an expansion into the U.S. Or, for more information or to request a hard copy, please call (+1) 800-421-4732 or send us an email at info@gpec.org.

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