This article, co-written by Victor Espinosa and Marcelo Gorenstein of LCR Capital Partners, discusses the opportunities the EB-5 Investor Visa offers investors from Latin America. The EB-5 program provides priceless benefits, giving investors access to the world’s largest economy, top-tier education, unlimited career opportunities, and credit and investments available only to US persons. Latin American investors typically pursue the EB-5 for several reasons, including securing and diversifying their assets, expanding their businesses, and providing their children with the benefits and security of life in the US. Moreover, many Latin American investors have already spent time in the US. They use the EB-5 to transition to permanent residency, often in conjunction with acquiring real estate in prime locations in Florida and Texas. Of particular interest to investors from some Latin American countries experiencing political and social unrest, the EB-5 provides a vital Plan B for families seeking to reduce their personal and financial risk. The authors note that the EB-5 program is not without challenges but manageable with expert guidance. Among those challenges are issues of asset liquidity, documenting the legal sources of one’s funds, and cross-border taxation. To increase the likelihood of being approved for the EB-5, investors should ensure that they partner with companies with long-term experience with the EB-5 journey and the financial expertise, cultural understanding, and ability to provide personal support to investors.
Read the full article here.
