A Conversation with Yuliya Veremiyenko-Campos: Unveiling the Dynamics of EB-5 and Other U.S. Visas for Entrepreneurs

For foreign entrepreneurs keen on breaking into the American market, understanding the U.S. business immigration landscape is crucial. Amidst this often complex terrain lies the EB-5 Visa, a beacon for many aiming to make a mark in the States. With the guidance of experts like Yuliya Veremiyenko-Campos, Managing Attorney of YVC Legal, this path can become a lot more navigable.

Born in Ukraine and having journeyed through the immigration process herself, Yuliya offers a unique blend of personal empathy and professional prowess. She mentions, “Having navigated my own immigration journey, I can truly understand the challenges faced by other immigrants going through the same process.”

Yuliya’s passion for facilitating smoother immigration pathways for entrepreneurs is palpable. She often highlights how essential it is for businesses to understand the nuances of each visa option available. With this foundation set, she delves deeper, saying, “The EB-5 Visa has a dual charm; it not only paves the way for foreign investors but also syncs with the economic interests of the U.S.,” Yuliya explains. The program’s essence is mutually beneficial – while investors aim for lawful permanent residency, their endeavors simultaneously boost the U.S. job sector.

Introduced in 1990, the EB-5 Program had clear-cut goals: to stimulate the U.S. economy using foreign investments. But beyond the macro-level advantages, the program had micro-level benefits too. As Yuliya points out, “It’s more than just an economic tool. It offers investors, their spouses, and even their children under 21, the prospect of a promising life in the U.S., contingent upon a structured plan to create or preserve ten full-time jobs for qualified U.S. workers.”

Discussing the recent developments in the EB-5 program, Yuliya emphasizes the program’s added benefits to the investors. “The passage of the 2022 EB-5 Reform and Integrity Act (also known as “RIA”) brought several positive changes to the program. One of the most notable is so-called “concurrent filing”, which allows certain investors already legally present in the U.S. in a nonimmigrant visa status to file an application for adjustment of status (i.e. green card application) with their EB-5 petition or while waiting for the EB-5 petition to be approved. This means that those investors and their immediate family members will be eligible to receive work and travel authorizations while their petitions are still pending. With a minimum investment threshold of $800,000 for projects located in a high unemployment or rural area, and $1,050,000 for all other projects, it’s especially attractive for those seeking brighter investment horizons than their home countries might offer.”

But the U.S. business immigration space isn’t just about the EB-5. Yuliya mentions a few other options available. “There’s the E-2 Treaty Investor Visa, the L-1 Intracompany Transferee Visa, and more. Each serves a distinct purpose, catering to varied entrepreneurial situations and investment brackets.”

However, the EB-5 remains a standout. Through this program, the U.S. and global entrepreneurs find a symbiotic relationship. Yuliya says, “The EB-5 program is just the beginning. The real story is how global business and U.S. immigration come together to boost the economy and spark innovation.”

With experts like Yuliya Veremiyenko-Campos shedding light on the intricacies of U.S. business immigration, the process becomes less daunting for international entrepreneurs and investors. Yuliya’s blend of personal immigrant experiences and profound legal knowledge ensures that they don’t just navigate the system but thrive within it.

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