A USA resident permit gives a foreigner the ability to be able to live in the country for as long as he/she likes. This is why there are over 1,000,000+ immigrants applying each year for the chance to do so.
The United States is filled with life-changing opportunities that involve an amazing lifestyle, booming economy, favorable weather conditions,s, and adequate health centers.
The U.S immigration office has set up different programs that allow immigrants to come to the United States to live, work or study.
Some of these include; temporary visas, student permits, residence permits, green cards, etc. The US government has also made provisions for business owners and investors to be able to find a way of contributing to the US economy. This is where a USA residency permit comes to play.
In this article, we would be going through everything you need to know about how to get a USA resident permit.
What does the USA Resident Permit offer?
Having a USA resident permit offers you the opportunity to live in the USA. This is also added to the fact that you would be able to, work, study or conduct business in the US. You basically enjoy all the benefits that a legal citizen of the USA enjoys.
You would also be given the privilege of inviting a family member to join you in the country. Close relatives of you can enjoy the same benefits as you.
A resident permit is granted to both the main investor and members of his/her family. This is including your children aged up to 21 years. Many immigrants make use of this opportunity because, after the space of 5 years, you would be able to apply for a USA green card.
So the question now is how can you go about pursuing this route? There are visas you can apply for that would put you on track to getting a resident permit in the USA.
Most people go the route of obtaining a work permit in the country, and after that, they can start processing their resident permit while living and working in the country.
The following visas that would allow you to apply for a work permit in the USA are seen below:
- EB-5 visa
- E-2 visa
The EB-5 visa provides one of the faster ways to get a resident permit in the USA; so long you follow the requirements as stated below:
- Invest in your own business or a regional center project
- Returnable investment in an amount of at least $700,000
No education is required or experience for this applicant. Once your application has been approved, you get USA green card for 2 years and from there you can apply for a resident permit and later US citizenship.
For the EB-5 visa, there has been a success rate of over 85%. As long as you can meet the required regulations that come with obtaining this visa, you are well on your way to obtaining a USA green card.
The E-2 visa is usually issued to individuals who are coming to the USA as investors or business owners. This is a non-immigration visa for investors that is issued to you as long as you can meet the requirements as stated below:
- Low investment amount of at least $100,000
- Ability to start your own company or purchase one that already exists
- The possibility of subsequently obtaining a green card under the EB-5 program
The E-2 visa provides you with the opportunity of getting your own USA resident permit if you are an investor. You must be able to invest at least $100,000 into the U.S. economy and provide proof of funds during the application process.
The only downside to using this visa is that you can stay in the U.S as long as the company is profitable. There are no other requirements than providing proof of funds which is about $100,000.
The best approach would be to check the government websites on how to apply. Another approach is contacting a traveling agency.
They can provide you with the right information on how to begin your application process. If you are an investor, you will need to meet all the requirements stated above.
The two visa approach both have their advantage and disadvantage. One has a higher success rate but comes with a more expensive requirement.
Bottom line is, that once you have gotten a temporary green card into the United States, you can then process getting your resident permit. The process should take a total of 5-6 years depending on some factors.