The EB-5 program is one of the most attractive ways for foreign investors to obtain the green card in the United States. Through this program, investors can apply resources in projects or businesses in the US that contribute to the generation of jobs in the country. Created in 1990 with the aim of stimulating the American economy, the program has undergone several changes since its implementation.
In 1992, the program was improved with the creation of Regional Centers, further facilitating investments. With this modality, foreign investors can choose to apply their resources passively in projects previously approved by the United States Citizenship and Immigration Service (USCIS). Thus, the work of managing a business is avoided, eliminating bureaucracy and the need for time and expertise.
Miami, with its constant expansion and growing demand for infrastructure and luxury developments, offers several projects linked to EB-5. An example is NEXO Residences, a real estate launch, which we will detail in this article.
If you are thinking of buying a property in Miami and, at the same time, want to obtain the Green Card, with the possibility of achieving American citizenship, continue reading this article until the end.
What is the EB-5 Program and how does it work?
The EB-5 program was created in 1990 to stimulate economic development in the United States. It allows foreign investors and their families to obtain the green card with a minimum investment of:
- US$ 800,000 in areas considered of priority employment (TEA – Targeted Employment Area).
- US$ 1,050,000 in other areas.
In addition to the financial contribution, the investment should generate at least 10 full-time jobs for North American workers. Many of the projects linked to EB-5 are in the real estate sector, especially in cities like Miami, which have high demand for new developments.
NEXO Residences and EB-5
An example of an enterprise in Miami linked to the EB-5 program is NEXO Residences, an innovative project located in North Miami Beach. NEXO is a residential building designed to meet new flexible housing trends, with unit options for residential use, short-term rentals and even rentals via platforms such as Airbnb.
NEXO Residences is attractive to EB-5 investors for several reasons:
- Strategic Location: Located in a growing area in North Miami Beach, close to important highways, beaches and shopping centers.
- Innovative Concept: With flexible rental options and modern spaces, it serves a diverse and high-demand audience.
- Economic Viability: The projected high occupancy and appreciation of the local market make NEXO a safe opportunity for investors seeking financial return while meeting the requirements of the EB-5 program.
IMPORTANT: The simple direct purchase of a property does not meet the rules of the EB-5 Program and, therefore, this type of investment is not eligible for the Program. However, there are legal solutions created by Miami construction companies, linking the work and the construction project to the Program, within the rules of the USCIS, enabling the project as a Regional Center. The acquisition of the unit within the project takes place in a second stage that we explain in detail in this article.
Why Invest in Miami?
Miami is one of the most dynamic cities in the United States, with strong tourist, economic and cultural appeal. In addition, the city’s real estate market is known for its constant appreciation, making it a natural choice for investors who wish to combine obtaining a green card with a lucrative investment. The demand for housing, especially modern and multifunctional developments such as NEXO Residences, continues to grow, which makes the market even more promising.
How AMG International Realty Can Help
AMG International Realty specializes in the Miami real estate market and in advising investors who wish to use the EB-5 program to obtain residence in the United States. Our team has extensive experience in identifying qualified projects, such as NEXO Residences, and helping investors navigate the program’s requirements.
If you are interested in learning more about investment opportunities in Miami linked to EB-5, please contact us at +1 (305) 318-6968. We are ready to help you transform your immigration project into a profitable reality.
