What are the health insurance requirements for EB-5 investors? - EB5Investors.com

What are the health insurance requirements for EB-5 investors?

My I-526 petition was approved and I will soon travel to the U.S. on an EB-5 visa. I would like to know what the requirements of individual health insurance are for a conditional green card holder. At the moment, I am not working in the U.S. and I have no U.S. income. This time I only plan to stay here for a few months. Do I have to purchase any health insurance?

Answers

Daniel A Zeft

Daniel A Zeft

Immigration Attorneys
Answered on

You are not required to purchase health insurance.

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Immigration Attorneys
Answered on

While there are changes in progress, the Internal Revenue Service will not process individual tax returns in 2018 unless taxpayers indicate whether they have health insurance coverage or an exemption.

BoBi Ahn

BoBi Ahn

Immigration Attorneys
Answered on

There aren&#39t any specific health insurance requirements for EB-5 investors.

Charles Foster

Charles Foster

Immigration Attorneys
Answered on

There are no requirements for any immigrant to the United States regarding health insurance, including for conditional green card holders. You are not required to buy health insurance, but given the high cost of health services, you are free, like any American, to buy health insurance on the open market, which is what most people do.

Robert West

Robert West

Immigration Attorneys
Answered on

Technically, no immediate requirements. You need to live in the U.S. six months per year to keep your green card.

Jinhee Wilde

Jinhee Wilde

Immigration Attorneys
Answered on

Buying health insurance is not a requirement for keeping your conditional residency. However, if you get injured or get sick while you are here, you may want to have some insurance coverage so that you will not need to pay completely out of pocket. If you have a health insurance from your home country that works here, that may be enough.

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

Not required but maybe desired.

DISCLAIMER: the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal, immigration, and financial experts prior to participating in the EB-5 program. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public: do not include confidential information in your question.