South Africans who want to enter the US under the EB-5 US residency visa should be aware that the updated requirements of this visa are set to be implemented on 21 November.<\/p>\n
To qualify for the EB-5 visa, investors must commit to a large investment that creates employment in the US.<\/p>\n
However, applicants do not necessarily need to be involved in the day-to-day activities of the entity they invest in, and they do not need to be a major owner in this business.<\/p>\n
Applicants who wait until after the 21 November deadline will face significantly increased investment criteria. Most notably, they will need to make a $900,000 investment \u2013 up from the current $500,000 investment figure required.<\/p>\n
According to Norris Mukembe, Principle Director at EB-5 Africa Advisors, it is important that potential applicants apply as soon as possible.<\/p>\n
\u201cInvestors must act fast to make an EB-5 application at $500,000 now or risk paying $900,000 after the November deadline,\u201d said Mukembe.<\/p>\n
EB-5 Africa Advisors<\/strong><\/a> is a top immigration by investment advisory entity with a trusted track record of helping investors from Africa successfully immigrate to the US through the EB-5 residency visa opportunity.<\/p>\n EB-5 Africa Advisors has offices in both Los Angeles and Johannesburg, meaning they\u2019re well-equipped to walk you through the entire process of attaining such a visa \u2013 from ensuring financial due-diligence, to offering legal assistance.<\/p>\n Due to the rush and increased demand for this visa, EB-5 Africa Advisors have seen a large increase in investors contacting them, confused about what project to invest in.<\/p>\n \u201cWe think it\u2019s important for all investors to do the best due diligence on a selected project,\u201d said Mukembe.<\/p>\n EB-5 Africa Advisors\u2019 upcoming webinars will run from Sunday 8 September 2019, and will span every Sunday until 22 September 2019.<\/p>\n These webinars will cover topics such as \u201cHow to properly carry out due diligence on an EB-5 project\u201d as well as \u201cWhat to prepare to make an application timeously before the deadline.\u201d<\/p>\n For more information about their services, or to register for the series of webinars, contact Mukembe via email<\/strong><\/a> or on the following phone numbers: +27 81\u00a0280 3023 or +27 12\u00a0492 6941.<\/p>\n