These are the costs of an EB-5 Visa for Vietnam investors.
- EB-5 investment
- $800,000 (₫18,936,000,000 Vietnamese Dong) for a Targeted Employment Area
- $1,050,000 (₫24,858,500,000 Vietnamese Dong) for a non-Targeted Employment Area
- Form I-526- $3,675 (₫86,987,250 Vietnamese Dong)
- Application to Register Permanent Residence or Adjust Status (Form I-485)- $1,140 (₫26,983,800 Vietnamese Dong)
- Petition by Investor to Remove Conditions on Permanent Resident Status (Form I-829)- $3,750 (₫88,762,500 Vietnamese Dong)
The U.S. Citizenship and Immigration Services (USCIS) allows 10,000 EB-5 visas a year.
State Bank of Vietnam is the regulatory body that has framework and monetary policy for moving assets and money outside of Vietnam.
We have an EB5 Green Card Cost page for all you need to know about the fees for an EB-5 Visa application.
What is the Priority Date for EB5 Visa for Vietnamese Investors?
The EB-5 Visa for Vietnam investors is “current” as per the Visa Bulletin from the U.S. Department of State (DOS). There is no backlog for the EB5 Visa for Vietnamese investors.
What is the Best Project to Invest in with an EB-5 Visa for Vietnam Investors?
The best EB5 projects for Vietnam investors include real estate and hotel construction. A real estate EB-5 project has a readily understandable exit strategy even for new Vietnam investors. A hotel construction EB5 project generates significant gains for repayment of investment. EB5 Projects are the businesses invested in by Vietnam investors for the EB5 Visa.
What Does the Future Hold for EB-5 Investors from Vietnam?
The “current” status of the EB5 Visa for Vietnamese investors allows them to obtain their immigrant status faster compared to other nationalities like Indians and Chinese. This “current” status holds a high potential for the growth of Vietnamese investment in EB5 projects.
What are the Differences Between EB-5 Visa and E-2 Visa for Vietnam Investors?
Both the EB5 Visa and the E-2 Visa are immigrant programs for foreign investors. The E2 Visa allows a citizen of a U.S. treaty country to invest in a new or existing U.S. business. A treaty country maintains a treaty of commerce and navigation with the United States. Vietnam is a non-treaty country and does not qualify for an E2 Visa.
These are the features of the EB5 Visa vs E2 Visa.
- No nationality requirement. Vietnamese investors can apply for an EB5 Visa.
- A minimum investment of $800,000 (₫18,936,000,000 Vietnamese Dong) in a new firm located in a targeted employment area.
- 10 full-time jobs created for qualified US citizens in the new business entity.
- Citizen of a nation with whom the United States has a treaty of trade and navigation. Vietnam investors cannot apply for E-2 Visa.
- Substantial capital investment, or be in the process of investing substantial capital, in a legitimate enterprise in the United States.
- No requirements for a minimum number of jobs created.
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 Vietnam investor to be eligible for the EB-5 Visa is $800,000 (₫18,936,000,000 Vietnamese Dong). 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?
About 80% of EB5 investors come from China, South Korea, Taiwan, and the United Kingdom according to Investment Migration Insider. Below are the top countries that apply for the EB-5 Visa.
Is USA a Good Foreign Market to Invest in for Vietnam Citizens?
Yes, Vietnamese investors are particularly drawn to regional centers under the EB-5 Visa program. A regional center is a public or private company that serves as the fund manager or sponsor of an EB-5 project.
Is EB-5 Visa Popular to Vietnam Investors?
Yes, Vietnamese investors ranked third in the top nationalities that were issued EB5 Visas in 2019. Vietnamese investors want to relocate to the US to be with their immigrant relations. Sending their children to US universities and expanding their businesses to the US are additional benefits of the EB5 Visa for Vietnam investors.
Can EB-5 Visa Attorney Speed Up the Process of EB-5 Visa?
Yes, an EB5 Visa attorney (lawyer) guides the Vietnamese investor to speed up the processing of the EB-5 Visa. Incomplete documentation and errors during application are common causes of delays in the EB5 process. These delays in the application can be prevented by hiring an EB5 Visa Lawyer.
Is Obtaining an EB-5 Easy for Vietnam Investors?
There is no backlog in the visa bulletin for EB-5 Visa for Vietnamese investors. Vietnam investors can get their EB-5 Visa faster than applicants from China and India who are experiencing backlogs.
Can a Vietnam Investor Borrow Money for EB-5 Visa?
Yes, Vietnamese investors can borrow money for their EB5 Visa petition. The borrowed money has to be backed up by assets and the collateral cannot be the same EB-5 business. We have a complete guide on EB 5 Funding Requirements for all you need to know about EB-5 funds.