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December 12, 2012 — North and South Korea split along communist and allied lines as a result of WW II agreements between the U.S. and the then Soviet Union. The two Koreas have experienced rocky relations since, to say the least. And since North Korea began developing its nuclear program in the sixties, South Koreans have lived under the specter of nuclear attack from its hostile northern brother. The relationship has been strained further as N. Korea developed weapons grade plutonium in 2002 and detonated a device in 2006. Even with the added anxiety, S. Koreans have lived with the knowledge (and security) that while N. Korea had developed a nuclear weapon it lacked the means to deliver it to a target over a long range.

But on Wednesday, December 12, 2012 that all changed. In a highly provocative act that threatens regional security, according to a National Security Council release, N. Korea carried out the successful launch of a long-range rocket. “The action is yet another example of North Korea’s pattern of irresponsible behavior,” read the National Security Council statement. “The United States remains vigilant in the face of North Korean provocations and is fully committed to the security of allies in the region.”

While experts do not believe North Korea currently has the technology to mount a nuclear warhead, today’s launch is a significant reminder to S. Korea that the threat not only remains but that it has been escalated.

As a result inquiries by S. Koreans into EB-5 have increased significantly over the past week, according to Joe Sloboda, vice president of Exclusive Visas. “South Koreans already utilize the EB-5 program more than any other nation but for China, so this is not new for them,” he said. Because the N. Korean launch was successful many S. Koreans have been reminded how unstable this part of the world actually is. “They are simply worried about their future,” added Sloboda.

And this new instability has caused many S. Koreans to (naturally) consider relocating to America via EB-5. When there is instability within a country, the U.S. expects increased interest in emigrating to the U.S. from that country, according to the U.S. Citizenship and Immigration Services (USCIS). Since the EB-5 visa is the most cost effective and quickest way to gain permanent resident status in the U.S. it is natural to assume increased S. Korean interest in the program.

The mood is understandably mixed.  While many are committed to continue to live in their country regardless of a nuclear threat from N. Korea many S. Koreans would like to escape the stressful conditions and come to the United States with their entire family to live and work.

For a $500,000 investment in a U.S. business S. Koreans (and their families) may emigrate to the U.S. via the EB-5 visa. EB-5 is attractive for S. Koreans because it does not require having a close relative or a U.S. company willing to sponsor the immigrant, as required by conventional immigrant visas. Under the EB-5 program the applicant is issued a conditional Green Card providing Permanent Residency for themselves, their spouse and children (under the age of 21) on an investment of at least $500,000. The investment must result in the development of at least 10 permanent jobs. 

While the key features of EB-5 are easily stated the EB-5 process can be arduous and confusing. The entire process is a vast combination of petitions, timelines, deadlines, documentation, due diligence, and Green Card issuance.

An Exclusive Visas Expert EB-5 Consultant will cut through the confusion by explaining how the program works generally and specifically for the S. Korean candidate. Exclusive Visas brings together all the elements of the program, manages timelines, and gives the client the broadest likelihood of success. From petitioning the USCIS to choosing a credible project to invest in, Exclusive Visas will see to it that the investor has all the factual and trustworthy information necessary to give them piece-of-mind while making the best of the EB-5 opportunity.

For more on the EB-5 program contact Exclusive Visas. An Exclusive Visas EB-5 Expert will see to it that the investor has all the necessary to give them the piece-of-mind they seek, while making the best of the EB-5 opportunity.  Exclusive Visas brings together all the elements of the program, manages timelines, and gives the client the broadest likelihood of success.

Contact Exclusive Visas Today for more Information on the EB-5 Program