3 Eligibility Requirements For the Green Card by Investment

3 Eligibility Requirements For the Green Card by Investment

If you want the best chance of receiving an eb5 visa, be sure that you know the top three requirements that must be met to ensure that you get a green card by investment as soon as possible.

1). An investment of at least $500,000 is required. Typically, if you want to create a business in any area of the United States through the green card by investment program, you will have to show that you have at least $1 million to spend. However, if you have $500,000, you do have the option of setting up a business in a targeted employment area. This type of area has experienced about one and a half times the amount of unemployment as other cities, so it needs help in getting its residents jobs and stimulating the local economy. No matter which path you choose, you will need to show that you got the money through legal means.

2). You will need to either make a new business or help an existing company. You might have your own original business plan to create a unique company and hire at least ten full-time U.S. residents. On the other hand, if you do not want a brand new venture, you can instead revive a current company. You could restructure or reorganize the business into a new one with different goals. You may also choose to keep the same objectives of an existing company, but help it increase sales by 140 percent. Another way to help an existing business is to save the current jobs in a company that has lost 20 percent of its revenue over the past one to two years. The choice is yours.

3). The main point of saving an old business or starting a new one is to stimulate the local economy. One way of doing so is to hire at least ten full-time employees. In fact, that is the minimum you must hire in order to keep your green card by investment. If you decide to invest $500,000 in a targeted employment area, the regional center at that location will likely help you with hiring the employees. In fact, many do it for you, whether you are present or not. However, if you invest $1 million in a regular area, you will likely have to hire employees yourself. If you intend to keep an older business running, you will have to keep all existing jobs as you increase the company's net worth.

Using the green card by investment pathway is not necessarily easy. However, it is typically faster than other ways of getting a green card. You can usually get an eb5 visa within a year, and you can take your family, including children up to age 21, with you to your new home in the United States. To find out more this program, you should simply speak to an immigration attorney.

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