Moving to the U.S.: Relocation Tips for EB-5 Families

The journey through the EB-5 Immigrant Investor Program culminates in a significant life change: moving your family to the United States. Successful relocation requires meticulous planning that extends beyond immigration paperwork. This guide offers essential tips to ease your transition into American life.

Phase 1: Pre-Arrival Preparations

Laying the groundwork before you land is crucial for a smooth start. Focus on documentation, finance, and initial housing.

Essential Documentation Checklist

• Ensure all Green Cards and supporting travel documents are valid for every family member.
• Gather certified copies of birth certificates, marriage certificates, and academic transcripts.
• Obtain copies of previous tax returns for future financial applications.

Financial Setup

Establish banking access as soon as possible, even remotely if feasible.

1. Research U.S. banks with international services.
2. Plan to bring sufficient liquid funds to cover the first three months of expenses before your EB-5 investment capital is fully accessible.
3. Understand the implications of transferring large sums of money across borders.

Phase 2: Settling In and Establishing Residency

Once you arrive, the immediate priorities shift to securing housing, transportation, and enrolling children in school.

Housing Strategy

Renting initially is often advisable before committing to a long-term purchase.

Temporary furnished housing or short-term leases near your primary investment location can reduce stress during the first six months.

Healthcare Access

Health insurance is not automatic upon entry. Secure temporary coverage immediately.

Familiarize yourself with the differences between HMOs and PPOs. Start researching pediatricians or primary care physicians well in advance of your arrival date.

Navigating Education

The U.S. school system can vary significantly by state and district.

For K-12 Students:

• Contact the local school district office before you move to confirm enrollment requirements.
• If your children have international schooling backgrounds, be prepared to provide detailed course descriptions for credit evaluation.

For Higher Education:

If you or older children plan to attend university, begin the application process early, as deadlines are often rigid.

Note the importance of the Social Security Number (SSN) for employment and many financial transactions. While you can apply for an SSN after arrival, understand the required documentation.

Phase 3: Cultural and Legal Integration

Beyond logistics, successful integration involves understanding local customs and legal obligations.

Understanding U.S. Culture and Etiquette

While the U.S. is diverse, certain norms are widespread:

• Tipping: Understand the standard service gratuity percentages for restaurants, taxis, and services.
• Small Talk: Be prepared for casual, brief conversations with strangers (e.g., cashiers, neighbors).
• Punctuality: While flexibility exists socially, professional meetings require strict adherence to scheduled times.

Tax Residency Obligations

As Green Card holders, you become U.S. tax residents immediately. This means you are subject to U.S. taxation on your worldwide income.

Consult with a Certified Public Accountant (CPA) experienced in expatriate or immigrant tax law:

Consult CPA regarding Form 1040 filing requirements and foreign asset reporting (FBAR).

Conclusion

Relocating as an EB-5 investor is a complex but rewarding transition. By tackling documentation, finance, housing, and cultural acclimation systematically, your family can focus on building a successful new life in the United States.