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Read MoreHOW TO CHOOSE THE RIGHT US VISA FOR YOUR RENEWABLE ENERGY INVESTMENT
HOW TO CHOOSE THE RIGHT US VISA FOR YOUR RENEWABLE ENERGY INVESTMENT
Yasin Bilgehan Akalan
Attorney at Law
Immigration Law Expert – Akalan Law Firm
Did you know that clean energy jobs in the U.S. grew by 4.9% in 2023, more than double the overall economy’s growth rate? This remarkable expansion created approximately 149,000 new clean energy jobs, yet significant workforce gaps remain. (U.S. Department of Energy, 2024)
The U.S. Bureau of Labor Statistics projects a 42% increase in solar photovoltaic installer jobs by 2034. (U.S. Bureau of Labor Statistics, n.d.) Similarly, wind energy may require 258,500 workers by 2030. For global investors, these workforce shortages represent exceptional renewable energy investment opportunities. (National Renewable Energy Laboratory, 2023). As the world shifts away from fossil fuels and natural gas to reduce greenhouse gas emissions, the U.S. has become a prime destination for energy investment.
The energy transition is accelerated by policies like the Inflation Reduction Act, which provides significant tax credits for renewable energy projects. Whether you are focused on offshore wind, onshore wind, or carbon capture technologies, choosing the right visa is a critical part of your investment strategy.
Renewable energy investment in the United States can qualify for several immigration pathways. Each sector of the energy industry—from energy production to energy generation—requires a different approach.
The E-2 Investor Visa is ideal for those who want to actively manage a renewable energy business. In the clean energy sector, E-2 eligible businesses often include:
To be economically viable, the investment must be “substantial.” While there is no fixed limit, most energy projects require $100,000 to $300,000 to ensure energy security and operational success.
The EB-5 program is the primary route for permanent residency through public investment in large-scale clean power infrastructure. This is often used for utility-scale renewable energy sources that have a measurable impact on U.S. natural resources.
Current thresholds for investors include:
These investments must create at least 10 new jobs, helping to reduce greenhouse gases and trap heat emissions by replacing coal with alternative sources. (U.S. Citizenship and Immigration Services, n.d.)
The renewable energy sector relies on a complex supply chain and different technologies. From electric vehicles to critical minerals, the U.S. needs specialized expertise.
Highly qualified individuals in renewable energy innovation—such as those working on artificial intelligence for grid optimization or energy storage—may qualify for the NIW. This allows clean energy professionals to bypass labor certification if their work is in the “National Interest,” such as improving energy security or mitigating climate change.
The L-1 visa is a strategic tool for companies expanding their energy operations. It allows the transfer of executives to manage U.S. assets and capacity building. This is vital for maintaining a stable supply chain in the first half of project development.
The U.S. Energy Information Administration (EIA) projects that electricity generation in the United States will continue to grow in 2025 and 2026.
Investing in renewables is not just about financial returns; it is about building a sustainable future and a sustainable world. By utilizing the International Renewable Energy Agency guidelines and U.S. energy information administration data, investors can make informed decisions.
The development of renewable energy is naturally replenished, making it a superior long-term bet over burning fossil fuels. Whether you are focused on solar, wind, or geothermal, the U.S. market offers the benefits and technology to succeed.
It depends on the capacity of your capital. E-2 is great for small companies, while EB-5 is best for large energy projects.
It provides tax credits that make many clean energy projects more economically viable for many countries‘ investors.
Yes, you can combine solar, wind, and energy storage under one investment umbrella to maximize efficiency and emissions reduction.
U.S. Bureau of Labor Statistics. (n.d.). Solar photovoltaic installers. https://www.bls.gov/ooh/construction-and-extraction/solar-photovoltaic-installers.htm
U.S. Citizenship and Immigration Services. (n.d.). EB-5 immigrant investor program. https://www.uscis.gov/working-in-the-united-states/permanent-workers/eb-5-immigrant-investor-program
U.S. Congress. (2023). The EB-5 immigrant investor program: Overview and issues (CRS Report No. IF13040). https://www.congress.gov/crs_external_products/IF/PDF/IF13040/IF13040.1.pdf
U.S. Department of Energy. (2024). United States energy & employment report 2024 (Report No. USEER 2024_COMPLETE_1002). U.S. Department of Energy. https://www.energy.gov/sites/default/files/2024-10/USEER%202024_COMPLETE_1002.pdf
National Renewable Energy Laboratory. (2023). Workforce outlook for wind energy projects [PDF]. https://docs.nrel.gov/docs/fy24osti/87670.pdf
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