Title: Structured Settlements Info
1Structured Settlements Info
The second preference is EB-2. This level is for
immigrants who have an advanced degree and a
minimum of 5 years work experience in that field.
The job must require the advanced degree for
consideration of this type of entry.The third
preference is the EB-3. This level is for skilled
laborers. The immigrant must have at least 2
years of job training or experience. The job
being sought must not be temporary or seasonal.
Currently, there is a long line of applicants in
this category.The fourth preference is EB-4. This
level pertains to special classes of employment
such as broadcasters, religious workers, and
international organization employees. This type
of immigration is usually filed by the employer.
2The fifth preference is the EB-5. This level is
for individuals willing to invest in new
commercial enterprises. In order to qualify, the
individual must commit to creating an enterprise
that will create at least 10 new jobs in two
years after entry. There is also a requirement to
make a capital investment of at least 1 million
dollars, in general, or one-half million dollars
in high unemployment or rural areas.While there
is much concern over the uncontrolled entry of
immigrants into the United States, it is
necessary to look at the nature of the laws that
exist and see that the means of legal entry into
this country is open.According to the United
States Citizenship and Immigration Services
(USCIS) statistics, in 2010, there were 3,200
approved visas for EB-1 and 1,998 denied entries
for EB-1. This represents an approval rate of 62
for this type of entry.
3For the first five years following the creation
of the EB-5 program in 1990, there were fewer
than 400 approved visas in this category. The
program is designed to allow a maximum of 10,000
entries per year, but the participation has been
far lower than predicted. By 2008, the number of
approved entries was recorded at 1,360 and in
2009, that number had increased to over 4,000
approved entries. The vast majority of these
investors were Chinese, and came as a result of
the huge increase in the Chinese economy during
that period.After reading a few case studies on
couples from foreign countries who have chosen to
retire in the United States, and who used the
EB-5 "investors" entry as a means to gain entry,
this story outlines some of the main
considerations that some have made, and the
possible outcomes obtained.
4Our fictitious couple for the purpose of this
article will be the Songlants. They had traveled
in the United States over a period of twenty
years for business, and grew accustomed to the
small city way-of-life in North Carolina. They
sought ways to come to the United States in their
retirement years, and establish permanent
residence here. Lottery Crusher However, the
choices for entry through specialized employment
did not offer the possibility of permanent
residence status.After seeking legal advice, they
choose to look into the EB-5 immigration program.
This visa program allows entry into the United
States for those individuals who are able to form
a business, such as a sole proprietorship or
corporation, and hire at least 10 workers within
a 2-year period. http//binarymetabot.com/lotter
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