South Africans are increasingly leaving their home country to escape political instability and the specter of high crime rates. The lure of prosperous destinations such as Australia, Canada, the United Kingdom, and the United States is leading high-net-worth South Africans to seek permanent residency in these and other countries through investment. For example, the EB-5 visa paves the way for investors to gain permanent residency in the United States and to contribute to the US economy through job creation and capital investment. With a minimum investment of $800,000, individuals gain access to American green cards and permanent residency for themselves and their immediate family, including children under age 21. The EB-5 program thus goes beyond a mere financial investment—it provides access to a far more secure future for investors and their families, who can now live, work, and study in the US, and even apply for citizenship after 5 years. That said, the EB-5 program is difficult to navigate, which makes it essential for investors to find trustworthy and knowledgeable advisors. Leon Versfeld, of the law firm Versfeld & Hugo, specializes in helping families navigate the legal, financial, and procedural aspects of immigration to the US. Dinesh Goel, of LCR Capital Partners, brings to the table his expertise in immigrant investor programs, especially the EB-5 program. Versfeld and Goel are coming to Johannesburg on February 10-14 and to Durban on February 15-16…book your consultation with them now to get the information you need to start your EB-5 journey.
Read the full article here.