Both the United States and Canada have immigrant investor
programs. In the United States, the program is called the EB-5 Immigrant
Investor Visa program. In Canada, the program is simply the Immigrant Investor
program. While the details of each program vary, there exists as slight a
similarity between the two programs as there is between the two countries. Both
programs have a job creation aspect to them and both require a significant
capital investment amount in return for lawful permanent residency—citizenship.
Naturally, the appeal to the United States versus Canada is left
to interpretation by the individual investor. Who, one might ask, may have the
ability to influence the opinion of such investors? The answer is: none other
than immigration consultants.
Immigration consultants generally help guide foreign
national investors through the immigrant investor or EB-5 process.
Unfortunately for Canadian immigration consultants, the Canadian government has
enacted, and since reached, a quota limiting the number of immigrant investors
receiving permanent residency status. Because of the rate at which this quota
was reached, Canadian immigration consultants are left in a state of flux and
panic in regards to their own employment. What are they to do with the large
number of clients and foreign nationals looking to take advantage of immigrant
investor programs? Consider the EB-5
Immigrant Investor program of the United States.
This is where the EB-5 Regional Centers of the United States
come into play. The EB-5 Immigrant Investor program of the United States also
has a Green Card quota. However, not once since the inception of the EB-5
program in 1990 has that EB-5 Visa quota been reached, or even tested.
While Canadian immigration consultants find themselves in
the proverbial ‘Catch 22’, U.S. EB-5 Regional Centers are eager to lend their
friends to the north a helping hand. By redirecting potential investors to the EB-5
program of the United States, the Canadian immigration consultants will find
themselves with continued employment and the U.S. can inch closer to issuing
its allotted number of EB-5 immigrant investor visas and permanent residency.
Without permanent residency to issue, Canadian immigration
consultants have no product to offer to potential investors. Partnering with
EB-5 Regional Centers gives Canada’s immigration consultants a total of 10,000
more potential visas and Green Cards to offer to their clients. Choosing to
work with EB-5 Regional Centers and exercising the EB-5 Immigrant Investor Visa
program before its sunset at the end of September gives Canadian immigration
consultants the opportunity to earn commission on every single EB-5 investor
that they refer to EB-5 Regional Centers.
By taking advantage of this unique opportunity to work
together as North American neighbors, the EB-5 Regional Centers of the United
States and the immigration consultants of Canada can take part in helping to
rebuild the economy of and create jobs for the citizens of the world’s greatest
nation which, in turn, will benefit economies and individuals the world over.
