Is the half million Investor green card program really work?
Answer:
Each year up to 10,000 qualified foreign nationals have the opportunity to obtain permanent residence status in the United States by investing in a business.
A qualified investor is a person, their spouse and children who: Establish a new business; and
Invest or are in the process of investing in the business; and the business will benefit the United States economy.
Besides creating an original business, there are a few other ways for an individual to have a business that qualifies for immigration through investment. For example, you may purchase an existing business and simultaneously or subsequently restructure it so a new business is created. Another way is by retaining all existing jobs in a distressed business.
An investment that qualifies for immigration must be at least one million dollars or at least a half-million dollars if the business is located in a region where unemployment exceeds the national average by 150 percent. The capital investment can be in many forms including cash, equipment and inventory.
The economy will be considered to have benefited from your investment if it either creates at least ten full-time jobs or all jobs in a distressed business are maintained.
The person applying will be required to demonstrate to the U.S. Citizenship and Immigration Services that the investment will meet the standards of a qualified investor. Some of what is required to demonstrate include:
Establishment of a new commercial enterprise
The funds used for investment come from lawful sources
Jobs will be created in the targeted region
Investor will be actively involved in the business
Yes it does, but for $500,000 it has to be in a 'needed' industry. There are employment requirements, too. Go to uscis.gov for the details. It isn't $50,000 though, it is $500,000.
Yes.
You have to invest in under-developed area and help create jobs.
Takes about 4-6 months. Green card is temporary and you have to file for renewal.
The Immigration information post by website user , MyTend.com not guarantee correctness.
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