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Unlocking Opportunities: EB-5 as a Pathway to US Permanent Residency for Brazilians

August 12, 2024

Permanent Residency

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  • United StatesUnited States
  • BrazilBrazil

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Rahul Soni

Partner

New York, NY, United States

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[email protected]

T:+1 347 573 2996

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Rahul Soni

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New York, NY, United States

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[email protected]

T:+1 347 573 2996

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Rahul Soni

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New York, NY, United States

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[email protected]

T:+1 347 573 2996

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By: Rahul Soni, Nathalia Carneiro

*Please scroll down to read this blog in Portuguese. Deslize para baixo para ler este blog em português.*

For many high-net-worth Brazilians, the EB-5 Immigrant Investor Program, particularly the Regional Center Program, offers an opportunity to secure US permanent residency for themselves and their families.

As one of the fastest and most straightforward pathways to a US green card today, this program is reshaping the immigration landscape for Brazilian investors by providing a unique chance to invest in America's future.

The EB-5 Regional Center Program invites eligible investors to channel their capital into projects that create and preserve US jobs, offering a dual benefit of fostering economic growth and securing residency.

The minimum investment amount required to invest in a regional center is $800,000 if the investment project is in a targeted employment area (TEA). This investment must create or preserve at least 10 full-time jobs for US workers.

Regional centers play a pivotal role in this journey, managing the intricate details to ensure that investment funds are strategically directed towards job creation, enabling a swift and seamless green card filing process.

Why is the EB-5 Regional Center Program so attractive for high-net-worth Brazilian nationals?

The EB-5 Regional Center Program offers numerous advantages including fast processing times and no visa backlogs for Brazilian investors, making it an appealing choice for those seeking US permanent residency.

Additionally, Brazilian investors typically encounter no significant issues with monetary and remittance limits for wire transfers to the EB-5 regional center. Many Brazilian nationals find the EB-5 process a more straightforward route to permanent residency when compared to other employment-based permanent residency processes, including EB-1, EB-2 and EB-3.

  • Fast Processing Times and No Backlogs: The EB-5 Program offers expedited processing times in certain EB-5 subcategories, and is currently not oversubscribed for Brazilians, meaning green cards are immediately available for those who apply. This means that if an investor is in the U.S. on a valid nonimmigrant status, such as F-1, H-1B, or L-1, they can file an adjustment of status application (I-485) concurrently with the initial EB-5 petition filing. This streamlined process grants the investor and their family quick access to work authorization and international travel permission (“Advance Parole”) while their green card applications are pending.
  • No Monetary and Remittance Limits for Wire Transfers: Brazilian investors benefit from few monetary and remittance restrictions when transferring funds to EB-5 regional centers in the US. Unlike some countries with strict regulations, Brazil does not generally impose limits on the amount that can be wired from its banks. Brazilians who apply can wire funds from any jurisdiction, including from within or outside of the US.
  • EB-5 v. EB-1, EB-2, and EB-3: While Brazilian nationals can pursue green cards through employment-based options like EB-1, EB-2, and EB-3, these pathways often involve complex and time-consuming processes. For instance, EB-2 and EB-3 visas require a US employer's job offer and a successful labor market test to prove that no minimally qualified U.S. workers are available for the position the employer is sponsoring. This process can be lengthy and can lead to extended wait times for green cards. Although EB-1 options, including EB-1A (for individuals of extraordinary ability), EB-1B (for outstanding professors and researchers), and EB-1C (for executives or managers transferring within the same multinational company), are generally quicker than EB-2 and EB-3, they require more stringent requirements and extensive documentation. The EB-5 Program provides a more straightforward and efficient alternative, bypassing these hurdles.

Need to know more?

Brazilian investors who believe they qualify for the US EB-5 program should seek guidance from immigration professionals who can help guide them through the complex process.

Fragomen has extensive experience with EB-5 green card applications and provides carefully customized legal counsel for all of investor-clients. For more information, please contact Partner Rahul Soni at [email protected] or Associate Nathalia Carneiro at [email protected].

This blog was published on August 12, 2024, and due to the circumstances, there are frequent changes. To keep up to date with all the latest updates on global immigration, please subscribe to our alerts and follow us on LinkedIn, X, Facebook and Instagram.


Revelando Oportunidades: EB-5 como Opção para a Residência Permanente nos EUA para Brasileiros


Para muitos brasileiros de alta renda, o Programa de Investidor Imigrante EB-5, especialmente o Programa de Centros Regionais, oferece uma oportunidade singular de garantir a residência permanente nos EUA para si e suas famílias.

Como uma das soluções mais rápidas e diretas para obter o green card, este programa está reformulando o cenário de imigração para investidores brasileiros ao oferecer uma chance única de investir no futuro da América.

O Programa de Centros Regionais EB-5 convida investidores elegíveis a direcionar seu capital para projetos que criam e preservam empregos nos EUA, oferecendo o benefício duplo de fomentar o crescimento econômico americano e garantir a residência permanente ao investidor.

O valor mínimo a ser investido em um centro regional é de $800.000, se o projeto estiver em uma área de emprego alvo, as denominadas “TEA” – “Targeted Employment Area” –  sendo que  esse investimento deve criar, ou preservar, pelo menos, 10 empregos em tempo integral para trabalhadores na área de emprego escolhida.

Deste modo, os centros regionais desempenham um papel fundamental nesta estrutura, de sorte a garantir que os fundos investidos no projeto escolhido, sejam estrategicamente direcionados para a criação de empregos, permitindo, em contrapartida, um processo de solicitação de green card rápido e fluido ao investidor.

Por que o Programa de Centros Regionais EB-5 é tão atraente para brasileiros de alta renda?

O Programa de Centros Regionais EB-5 oferece várias vantagens, incluindo tempos de processamento rápidos e ausência de filas de espera para obter o visto para investidores brasileiros, tornando-o uma opção atraente para aqueles que buscam a residência permanente nos EUA.

Além disso, investidores brasileiros normalmente não enfrentam problemas nas transferências bancárias para o centro regional, o que torna o EB-5 uma opção mais adequada para aqueles que procuram agilizar a obtenção da residência permanente nos EUA, principalmente quando comparado com outros processos baseados em uma oferta de emprego, como EB-1, EB-2 e EB-3.

  • Tempos de Processamento Rápidos e Sem Filas: O Programa EB-5 oferece tempos de processamento acelerados em certas subcategorias do EB-5 e, atualmente, possui vagas disponíveis para brasileiros, o que significa que os green cards estão imediatamente disponíveis para aqueles que aplicam. Em outras palavras, se um investidor estiver nos EUA com um status de não-imigrante válido, como F-1, H-1B ou L-1, ele pode solicitar a mudança de status (I-485) simultaneamente com o pedido de EB-5. Este processo simplificado concede ao investidor e à sua família acesso rápido à autorização de trabalho e permissão de viagem internacional (“Advance Parole”) enquanto suas aplicações para o green card estão sendo analisadas.
  • Sem Limites Monetários e de Remessa para Transferências Bancárias: Investidores brasileiros se beneficiam de poucas restrições monetárias e de remessa ao transferir fundos para centros regionais nos EUA. Ao contrário de alguns países com regulamentações rigorosas, o Brasil geralmente não impõe limites ao montante que pode ser transferido. Brasileiros, inclusive, podem transferir fundos de qualquer jurisdição, incluindo de dentro ou fora dos EUA.
  • EB-5 vs. EB-1, EB-2 e EB-3: Embora cidadãos brasileiros possam buscar green cards através de opções baseadas em uma oferta de emprego como EB-1, EB-2 e EB-3, esses caminhos frequentemente envolvem processos complexos e demorados. Por exemplo, vistos EB-2 e EB-3 exigem uma oferta de emprego de um empregador nos EUA e um teste do mercado de trabalho para provar que não há trabalhadores americanos minimamente qualificados para a posição que o empregador está patrocinando. Esse processo pode ser longo e levar a tempos de espera extensos para green cards. Embora as opções EB-1, incluindo EB-1A (para indivíduos com habilidade extraordinária), EB-1B (para professores e pesquisadores destacados) e EB-1C (para executivos ou gerentes transferidos dentro da mesma empresa multinacional), sejam geralmente mais rápidas que EB-2 e EB-3, elas exigem requisitos mais rigorosos e documentação extensa. O Programa EB-5 oferece uma alternativa mais direta e eficiente, contornando esses obstáculos.

Precisa saber mais?

Investidores brasileiros que acreditam se qualificar para o programa EB-5, devem buscar orientação de profissionais de imigração que possam orientá-los em todas as etapas do processo.

A Fragomen possui vasta experiência com aplicações de green card atraves do EB-5 e fornece assessoria jurídica cuidadosamente personalizada para todos os clientes investidores. Para mais informações, entre em contato com o Sócio Rahul Soni, pelo e-mail [email protected], ou com a Associada Nathalia Carneiro, pelo e-mail [email protected].

Countries / Territories

  • United StatesUnited States
  • BrazilBrazil

Related contacts

Porthole headshot image of Fragomen New York Associate Rahul Soni

Rahul Soni

Partner

New York, NY, United States

Email

[email protected]

T:+1 347 573 2996

Related offices

  • New York, NY

Share

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  • Facebook
  • LinkedIn

Share

  • Twitter
  • Facebook
  • LinkedIn

Related contacts

Porthole headshot image of Fragomen New York Associate Rahul Soni

Rahul Soni

Partner

New York, NY, United States

Email

[email protected]

T:+1 347 573 2996

Related offices

  • New York, NY

Share

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  • Facebook
  • LinkedIn

Share

  • Twitter
  • Facebook
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Related contacts

Porthole headshot image of Fragomen New York Associate Rahul Soni

Rahul Soni

Partner

New York, NY, United States

Email

[email protected]

T:+1 347 573 2996

Related offices

  • New York, NY

Share

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