Green Card Through Investment: The Immigrant Investor Program allows entrepreneurs and their spouses and unmarried children under 21 to apply for a green card. Investors may file a petition after making qualifying investments to obtain conditional green cards, which can lead to permanent residence and citizenship in the United States.
The investment in a commercial enterprise in the United States is $1 million. However, entrepreneurs may invest $500,000 either within a high unemployment or rural area, and create at least 10 full-time jobs for qualified U.S. employees for two years. Foreign entrepreneurs must also take an active role in the business, either in a managerial or a policy-forming rule.
Once your visa petition has been accepted, you can apply for a green card. If approved, you will receive a conditional green card and after two years when the terms of the immigrant investor program have been fulfilled, you must apply to have the conditions removed to become a permanent resident.
The Investment Requirements:
The investment must be an equity investment, an ownership share; rather than, an unsecured loan. However, the entire investment does not have to be made in cash; instead, it can be made in cash equivalents, such as promissory notes, certificates of deposits, secured loans, equipment, inventory, other tangible property, and indebtedness secured by assets owned by the alien entrepreneur. Additionally, the foreign entrepreneur is personally and primarily liable and that the assets of the new commercial enterprise upon which the petition is based, are not used to secure any of the financial obligation. The capital investment shall be valued at fair-market value in United States dollars. Additionally, it is important to keep in mind that your investment cannot be guaranteed by the US government or any other entity.
The Federal Government defines commercial enterprise as any for-profit activity formed for the ongoing conduct of lawful business including, but not limited to:
- A sole proprietorship
- Partnership (whether limited or general)
- Holding company
- Joint venture
- Corporation Business trust or other entity, which may be publicly or privately owned