This may seem like a strange combination but franchises and citizenship actually have a lot in common. For example both investing in a franchise and become a United States citizen are both great opportunities for growth and success. They are also both aspects of life that take hard work. Purchasing a franchise as well as becoming a citizen takes time, effort and energy from you and potentially your friends and your family. Lastly, becoming a franchisee and American citizen are both attainable. Neither of these goals is outlandish or too extreme to be achieved. In fact, they can even be achieved together.
Franchises and Citizenship
Specifically speaking, the EB-5 program brings together franchises and citizenship to help individuals from foreign countries come to the United States and invest in an American business. EB-5, also known as the Immigrant Investor Program, was created way back in 1990. However, as the U.S. economy has turned around in recent years, this program has been getting a lot of new attention. Originally created to stimulate job creation and significant investment into American business, this program is still extremely relevant today to foreign investors and businesses professionals. If you live outside the United States but are considering becoming a franchisee to an American company, it is highly suggested you look into the EB-5 program.
Through the EB-5 program, investors from other countries can be granted a green card and put on the road to American citizen ship when they invest capital into an American company that will create at minimum 10 local jobs. Citizens of any foreign country can apply for this program. In fact, since its inception in 1990, the United States has seen investments of more than 6 billion dollars. In turn, the US has granted approximately 29,000 EB-5 visas or green cards. Investors from all over the world have used this program to become an American citizen while also following their dreams of owning and operating their own franchise.
The United States has had investors from places like Great Britain, Canada, South Korea and China – just to name a few. Unlike employment visas that have a country-based cap on admittance into the US, EB-5 visas don’t have quotes or maximums. This means that there is always the opportunity for you to apply for this program without worrying about how many other investors from your country have applied or being put on a waiting list for years and years. Overall, the EB-5 program has been used to help launch new franchise locations, create jobs and develop neighborhoods throughout the United States.
As a land of freedom and opportunity, America invites foreign investors to come to the United States and open up their very own franchise whether its in New York City, Los Angeles, Dallas or anywhere in between. Dr.PhoneFix especially invites foreign investors to look into what its franchises have to offer. Our company can be the perfect fit for an EB-5 application and the future of your career.