Navigating H-1B Layoffs: How EB-5 Visa Offers a Path to U.S. Residency (Full Transcript)

Speaker 1: The H-1B visa is a temporary work visa, and that's a constant problem if you want to stay in the U.S. permanently. Today, the tech sector is under fire with over 148,000 layoffs in 2022 already. If you're one of those H-1B workers and you're scrambling to find a secure way to a green card, the EB-5 visa is that solution. In 2022, the EB-5 Reform and Integrity Act gave huge advantages to the H-1B worker transferring to EB-5 visas. The basic requirement is to invest $800,000 into a qualified job-creating project, and you get a green card for you and your family. No employers, no education requirements, and best of all, there's no backlogs. EB-5's biggest advantage for the H-1B worker is that it allows concurrent filing. You now can file your I-485 Adjustment of Status, and you can get straight to an EAD fast, potentially a 100 days type fast. This means that your H-1B problem is solved. Your kid's H-1B problem is solved too. Your child's going to get the full benefit of the Child Protection Act, which freezes their age at the time of filing. $800,000 sounds like a lot of money, but EB-5 policy specifically allows you to invest in stages. Bering lets you start with partial payments as low as $200,000. That's only 25% of the total just to get started. If you need to bring that cash amount down even further, you can also use loans from banks or even gifts from friends and family. A partial payment allows you to get started quickly and then get a straight shot to that EAD. This can be an effective strategy, especially if you're caught up in the tech layoffs and you need to beat that 60-day grace period or risk getting deported. So why Bering? Our team has been managing EB-5 investments since 2013. Invested across 700 million in EB-5 projects, and we have a 100% approval history. Our investments are institutional-grade housing projects, core assets like multifamily apartments, student housing, and other residential mixed-use real estate. We have an all-star team comprised of immigration attorneys, award-winning real estate developers, and even a former USCIS adjudicator. You can make a free appointment.