Investor Immigration Applications
This is a federal program where entrepreneurs and their spouses and unmarried children under 21 are eligible to apply for a green card and permanent residence if they:
Make the necessary investment in a commercial enterprise in the United States and plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.
The program is known as EB-5 and provides those who participate with a fifth preference visa. The program was extended through September 30, 2018 but is expected to continue after that.
In 1990, the U.S. Congress created this program to stimulate the economy through job creation and capital investment by foreign investors. In 1992, Congress created the Immigrant Investor Program which sets aside EB-5 visas for those who invest in commercial enterprises associated with regional centers approved by USCIS, based on proposals for promoting economic growth.
EB-5 investors must invest in a new commercial enterprise established after Nov. 29, 1990 or if before that date, is restructured or reorganizing or expanded through investment so at least a 40 percent increase is a achieved in net worth, or number of employees.
Those looking to utilize this option for investment should contact a qualified attorney immediately for updated information and to start the process, which can take time.