Asking for advice - is the EB5 green card worth it for US earning potential? Spouse and I both work in California where the tech market is much stronger than Europe’s (where we’re from). With recent H1B uncertainties & employer-sponsored green card processes backlogged, we’re considering investing almost half of our total NW ($2.2M) in an EB5. Alternatively we may need to move back next year when our visas expire, but given the earnings delta (~$700k to ~$300k TC), this ROI could make sense?

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On the other hand, it feels a little crazy to sink so much of our savings into a country that feels less stable by the day, and that money could go a lot further for retirement back home

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That does seem like a tough call and the best way to sort it out is through financial projections. How old you are, which country you are from in Europe/will return to, as well as how secure your positions in tech would be here and there all matter (assign probabilities). Myself and other older friends had been looking into moving to Europe and many countries have now instituted wealth taxes that would significantly dent our savings, so review this info as well, and factor in that it could happen in the future as well if it doesn’t currently exist.

I would also make a list of alternative investments (e.g. real estate, stocks, businesses) and returns and then work out the NPVs in a spreadsheet, including taxes, and see how things shake out. Recommend also assigning factors for quality of life and consider retirement benefits, moving costs, and cost of living.

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I am not familiar with how the process works, but it would be ideal to stay in your current jobs if you can get a visa extension and save the fees, and if it comes down to needing a boost like a visa, see if employer will pay or share costs.

From a pure financial standpoint, if the project is successful, you would get your money back in less than 10 years. So you can look at the opportunity cost and risk, not at "sinking" $1M for a visa.

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Right, and that’s still a pretty steep $500k opportunity cost since these projects tend to have close to 0% returns :/ We’re not quite sure what to evaluate the EV of project success at and that’s another thing that gives us pause

You are in tech. Work remotely as a contracted employee. Take a pay cut if needed and earn CA wages while living in Europe. Is physical presence really necessary? Can monthly quarterly meetings be done via working vacation?

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Yes but the pay cut would be over 50%

Interesting question. I see both sides of it, and I see arguments both ways.

My guess is that the most important factor is where you want to live once you retire. With $4.4 million you can probably retire in Europe today or soon, versus sinking $2.2 million into an illiquid, low return thing to get green cards. But maybe you like the USA and want to live here, and if so, it sounds OK to do it.

Are you sure you need two EB-5s? Does one not cover you and your spouse?

This is a great way of looking at it, but taxes in Europe are usually much higher.

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You could just switch to an O visa and submit for EB1 or EB2 from there. ^^

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