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Friday, August 16, 2013

EB 5 Visa Costs More Depending on your Currency



Will your EB 5 visa cost rise based solely on your currency?

If you have decided that the EB 5 visa provides your best opportunity for obtaining permanent residency status for you and your family you may wish to act sooner than later, depending on which country you and your funds are now in.

The US dollar has strengthened against a number of currencies. A number of economic and currency analysts believe it will rise further against certain currencies over the next few months.

The immediate reason behind this strengthening of the dollar is the signals from The US Federal Reserve that its purchases of bonds with newly created money may begin to tail off, possibly as early as September.

Just the possibility of quantitative easing has had the effect of pushing up long-term interest rates. In turn the increase in yields on US treasury bonds attracts capital from riskier parts of the world pushing up the value of the US dollar.

Along with this impact, the increasingly positive stories about the US economy all add to the attraction of the dollar; particularly when compared to the economic bad news stories about other parts of the world.

Complete article here:EB5 Visa Cost More Depending...

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