Learn about the new US EC visa rules

Recently, the U.S. government announced a new visa policy, the "Economic Cooperation Visa" (EC visa), which aims to improve U.S. immigration policy, improve the U.S. economic environment, and provide better opportunities for U.S. investors. Lots of opportunities. The new rules of EC visa will be implemented on January 1, 2020. In order to help everyone understand the new rules of EC visa, this article will introduce the new rules of EC visa in detail and how to apply for EC visa.

New rules for EC visa

The new rules for EC visa mainly include the following points:

1. Applicants for EC visa must have at least US$5 million assets, or have investment funds of at least US$500,000 and can prove that these funds are legitimate.

2. Applicants for EC visa must invest at least US$5 million in the United States, or establish a new company in the United States, and the company must have at least 10 U.S. citizens or residents as employees.

3. Those applying for an EC visa must provide supporting documents about assets and investments, as well as supporting documents about the company, for review by the US Immigration Service.

4. People applying for an EC visa must provide personal information about themselves, including date of birth, nationality, occupation, etc., as well as information about family members, for review by the US Immigration Service.

How to apply for EC visa

The steps to apply for EC visa are as follows:

1. First, the applicant needs to prepare all necessary documents, including relevant assets and investments supporting documents, as well as supporting documents about the company, as well as personal information about yourself, including date of birth, nationality, occupation, etc., as well as information about family members.

2. Applicants then need to submit their application on the official website of the USCIS and upload all necessary documents.

3. Next, the USCIS will review the applicant’s assets and investments, and review the applicant’s personal information.

4. The US Immigration Service will decide whether to approve the applicant’s EC visa application based on the review results.

Advantages of EC visa

The new rules of EC visa provide more opportunities for American investors and have the following advantages:

1. The EC visa allows investors to invest in the United States and live and work in the United States without applying for other visas.

2. The EC visa allows investors to obtain residency in the United States and obtain U.S. citizenship.

3. The EC visa allows investors to obtain more tax benefits in the United States, thereby saving more fees.

Conclusion

The new EC visa rules provide US investors with more opportunities to invest in the United States and live and work in the United States without applying other visas and can obtain residency, as well as more tax benefits. Those applying for an EC visa must have assets of at least US$5 million, or investment funds of at least US$500,000, and can prove that these funds are legal. Applicants also need to invest at least US$5 million in the United States, or start a business in the United States. A new company that has at least 10 U.S. citizens or residents as employees. The steps to apply for an EC visa are as mentioned above. I hope this article can help you understand the new rules of the EC visa and how to apply for the EC visa.