What do Latinos who apply for an investor visa invest in?

Bloomberg Linna – The United States remains a leading destination when it comes to investments and businesses for Latinos. For this reason The Latino community could be the fifth largest economy in the world, with a GDP of US$3.2 trillionAccording to the US Hispanic Chamber of Commerce (USHCC).

Additionally, this country has nearly 5 million Latino-founded and generating companies More than $800 billion annual revenue According to USHCC. This is how applications for investor visas continue to boom, reflecting the growing interest among Latinos in seeking new economic opportunities by investing in local companies and projects.

The most attractive sectors for establishing companies in the United States

The Latino community is already responsible for 78% of net new jobs in the US workforce.The International Monetary Fund indicated in a report that its population would reach 72 million people in 2030.

According to immigration law firm Canero Fadol, the most selected sectors for Latino investors doing business in the United States are Gastronomy, technology and services.

Meanwhile, those who decide to invest in franchises, a vehicle widely used by Latinos, choose those associated with Health, beauty, gastronomy, maintenance and finance.

“Less traditional franchise categories include: Walking and caring for pets, caring for the elderly, cleaning industrial kitchens or collecting old furniture“The company said.

The odds are not slim. he Index 200an annual ranking of Latino-owned businesses in the United States prepared by BMO Bank and Latino Leaders, shows that the 200 largest companies in this community They received revenues of approximately US$93 billion annually in 2022.

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What are US investor visas and how much money is required?

From Canero Fadul Immigration, an immigration law firm based in Miami, Florida, the two types of visas most commonly chosen to apply as an investor in the United States are explained.

  • On the one hand, There is an E-2 visa (non-immigrant)which allows a citizen of a country with a trade agreement – such as Colombia, Mexico and Argentina – Invest a large amount of capital in a US company and be admitted to the United States. Employees of that eligible person or organization may also be eligible. There is no minimum investment amount set by law, but it is expected to be proportionate to the company's business operations. According to a survey conducted by the legal study. Clients typically invest between $100,000 and $200,000.

The law firm says nonimmigrant visas are intended for foreigners who want to enter the United States temporarily, whether for tourism, medical treatment, business, temporary work, study, or other similar reasons.

  • On the other hand there is EB-5 (immigrant) visaIt is a program that requires investors to invest their money in it A passive investment project that generates job opportunities. The standard minimum investment amount is 1.8 million US dollarsBut in specific business areas (TEA)it could be 900,000 US dollars.

“It is one of the great benefits The EB-5 visa is what allows you to obtain a permanent resident card. in contrast, The E-2 form provides the possibility to apply for a residency card “It becomes permanent once the project is up and running and working well,” said Maria Eduarda Reyes, a lawyer and partner at Canero Fadul Immigration.

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Likewise, it was explained that although there are only these two investment visas, there are other options available, especially if you have academic training combined with a university degree and work experience, or if you have work experience. The company highlighted the importance of legal immigration to the United States and not violating visa conditions.

Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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