These are the costs of an EB-5 Visa for Singapore investors.
- EB-5 investment
- $800,000 (S$1,125,120 Singapore Dollar) for a Targeted Employment Area
- $1,050,000 (S$1,476,720 Singapore Dollar) for a non-Targeted Employment Area
- Form I-526- $3,675 (S$5,168.52 Singapore Dollar)
- Application to Register Permanent Residence or Adjust Status (Form I-485)- $1,140 (S$1,603.30 Singapore Dollar)
- Form I-829- $3,750 (S$5,274 Singapore Dollar)
The U.S. Citizenship and Immigration Services (USCIS) allows 10,000 EB-5 visas a year.
The Monetary Authority of Singapore is the regulatory body that has the framework and monetary policy for moving assets and money outside of Singapore.
Check our guide on US Investor Visa Cost for full information on the costs of an EB-5 Visa for Singapore investors.
What is the Priority Date for EB5 Visa for Singapore Investors?
The final action date of the EB-5 Visa for Singapore investors is “current” according to the Visa Bulletin released by the U.S. Department of State (DOS). “Current” final action date means that there is no backlog (retrogression) of EB-5 Visa for Singapore investors.
What is the EB-5 Visa Statistics for Singapore Investors?
There were 12 EB5 Visas issued to Singapore investors in FY 2023 according to the U.S. Department of State (DOS)-Bureau of Consular Affairs Report of the Visa Office 2023.
What are the Challenges for Singapore Investors for EB-5?
There are challenges in applying for the EB-5 Visa for Singaporean investors. The first is the ability to meet the minimum investment capital. There are costs incurred outside of the EB5 investment to process the application for EB5 for Singaporean investors. The second is the possibility of losses in the EB5 investment project. The main benefit of the EB-5 Visa for Singaporean investors is obtaining permanent residence in the US. The third is the occurrence of fund schemes that leads to fraud. Hiring an immigration attorney, consulting the right experts, and working with the right EB-5 partners help solve these Challenges of the EB-5 Program.
What is the Best Project to Invest in with an EB-5 Visa for Singapore Investors?
The top EB-5 projects for Singapore investors include real estate and hotel construction. An EB-5 project in real estate has an easily understandable exit strategy for new Singaporean investors. An EB5 project in hotel construction allows Singapore investors to meet the minimum of 10 jobs created for Americans. EB-5 Projects are the US businesses created for the EB-5 Visa petition of Singapore investors.
What Does the Future Hold for EB-5 Investors from Singapore?
Singapore investors can continue to apply for the EB5 Visa despite efforts to control U.S. immigration. The EB5 Visa for Singaporean investors is exempt from any immigration bans and changes.
What is the Current Retrogression Situation for Singapore Investors?
There is no backlog (retrogression) in the EB-5 Visa for Singapore investors. The status of the EB5 Visa for Singapore investors is “current” according to the Visa Bulletin from the U.S. Department of State (DOS).
What is a Targeted Employment Area?
A targeted employment area (TEA) is a region in the United States where the threshold for investment for a Singaporean investor to be qualified for the EB-5 Visa is $800,000 (S$1,125,120 Singapore Dollar). The two kinds of targeted employment areas are high unemployment areas and rural areas.
What Other Countries can Invest in the EB-5 Visa Program?
There were 78, 278 foreign investors who applied for the EB-5 Visa in April 2020 according to “The United States EB-5 Program” by Investment Migration Insider. About 80% of EB5 investors come from Taiwan, China, South Korea, and the United Kingdom. Below are the top countries that apply for the EB-5 Visa.
Is USA a Good Foreign Market to Invest in for Singapore Citizens?
Yes, the United States and Singapore have a longstanding economic and political relationship. The two countries celebrated 50 years of diplomatic relations in 2016. The US-Singapore Free Trade Agreement in 2004 was the first Free Trade Agreement between the U.S. and an Asian country.
Is EB-5 Visa Popular to Singapore Investors?
Yes, Singaporean investors use the EB5 Visa to relocate to the US with their families. Their dependent children can gain a US education and have wider employment opportunities after graduation.
Can EB-5 Visa Attorney Speed Up the Process of EB-5 Visa?
Yes, an EB-5 Visa attorney guides the Singapore investor in speeding up the process of the EB-5 Visa. Delays from application errors and incomplete documentation can be prevented by working with an EB-5 Visa Attorney.
Is Obtaining an EB-5 Easy for Singapore Investors?
Singaporean investors can get their EB-5 Visa faster than applicants from China and India who are experiencing retrogression. There is no retrogression in the EB-5 Visa for Singaporean investors.
Can a Singapore Investor Borrow Money for EB-5 Visa?
Yes, Singaporean investors can borrow money for their EB-5 Visa petition. The loan has to be secured by assets and the collateral cannot be the same EB-5 business. Read our guide on EB-5 Source of Funds Requirements to know more about EB-5 source of funds.
Can Singaporeans Invest in the USA?
The EB5 Visa is one of the two US investment visas for Singapore investors. The E-2 Visa is another investor visa available to Singapore investors. The E2 Visa is a nonimmigrant visa that allows citizens of treaty countries such as Singapore to invest in a US business. A treaty country maintains a treaty of commerce and navigation with the US. The E2 Visa does not have a direct path to a green card, unlike the E-B5 Visa. A substantial capital of at least $150,000 (S$210,960 Singaporean Dollar) is required for an E-2 Visa investment. There is no requirement for minimum job creation for E-2 Visa.