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The green card system is the process by which foreign nationals may become Lawful Permanent Residents of the US. Green card holders can live and work anywhere in the United States, and can apply for full citizenship after five years (less if married to a citizen, or coming to the US through an application for political asylum). There are several ways to get a green card, and those who can invest substantial funds ($500,000 or more) in the US, may find that the system for obtaining EB5 visas is the most appropriate.
Immigrant investors in the US can be eligible for EB5 visas. Those joining the program must be able to invest at least $1 million, although there can be a reduction to half of that total if the investment is made at a qualified regional center, specifically in an area with high unemployment. An additional requirement states that the investment should create at least 10 jobs.
An EB5 applicant should take an active role in running their investment, but this does not necessarily require them to work as a full-time manager. The regulations are interpreted so that involvement with a properly set up corporation (a limited liability corporation) is sufficient.
There are now investment opportunities in the US, which are so structured that foreign investors - provided they meet the financial requirements - are eligible for a green card for themselves and their family.
It is not necessary to have any prior business experience, or to have achieved any particular level of education. Applicants must be in good health, but do not have to be able to speak English.
One investment opportunity linked to the EB5 visas program can be found in South Florida. The Hollywood Circle development in Broward County is a mixed use real estate project, including about 400 residential units, and a 100 room boutique hotel. Those interested in participating in this Immigration-for-investment program can check their eligibility online at the Gold Cost Florida Regional Center website.
Immigrant investors in the US can be eligible for EB5 visas. Those joining the program must be able to invest at least $1 million, although there can be a reduction to half of that total if the investment is made at a qualified regional center, specifically in an area with high unemployment. An additional requirement states that the investment should create at least 10 jobs.
An EB5 applicant should take an active role in running their investment, but this does not necessarily require them to work as a full-time manager. The regulations are interpreted so that involvement with a properly set up corporation (a limited liability corporation) is sufficient.
There are now investment opportunities in the US, which are so structured that foreign investors - provided they meet the financial requirements - are eligible for a green card for themselves and their family.
It is not necessary to have any prior business experience, or to have achieved any particular level of education. Applicants must be in good health, but do not have to be able to speak English.
One investment opportunity linked to the EB5 visas program can be found in South Florida. The Hollywood Circle development in Broward County is a mixed use real estate project, including about 400 residential units, and a 100 room boutique hotel. Those interested in participating in this Immigration-for-investment program can check their eligibility online at the Gold Cost Florida Regional Center website.
About the Author:
For those people who want to stay in the United States legally, EB5 Visas are an official path. A conditional green card can be obtained with the rights to work, invest and own property.
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