Green Card through Investment
(Immigration through Investment)
USA immigration green card through investment permits aliens, who invest
money in business, to legally live and work in the U.S.
Facts about Immigrant Investor Visa:
Also called the Fifth Preference Green Card, green card through investment
was created to promote investments in businesses and to create and preserve jobs
in the United States. You can achieve green card
by investing one million dollars or more which provide full-time employment
to at least ten U.S. citizens.
The requisite amount of investment may be reduced to $500,000 if the commercial
enterprise is located in a rural area or in an urban area with an unemployment
rate of at least 150% greater than the national average rate.
Requirements to qualify for green card with investment:
To qualify for investment based green card:
- The investor must be active in the management of business firms;
- If a number of investors join together in creating or expanding
business, each one in the group may qualify for a green card through
the single company. The investment from each person must meet the
minimum qualifying amount, and each investor must be separately
responsible for the creation of new jobs;
- The investor must maintain the investment in the U.S. for at least
three years;
- The investor is subjected to U.S. taxation on worldwide income.
Every year around 10,000 principal applicants are approved for green card
through investment (spouses and family members are not considered principal
applicants). Of these 10,000 applications, 3000 are reserved for those who
invest in rural areas or areas of high unemployment.
Green card through investment is initially issued on a conditional basis for a
period of two years. If the investor is married and have children below the age
of 21, his/her family can get green cards as accompanying relatives by
submitting proof of relationship.
How to become an Immigrant Investor?
You must file CIS Form I-526, Immigrant Petition by Alien Entrepreneur, with the
USCIS to attain the status of immigrant investor. Along with the Form I-526, you
have to submit the supporting documentation which demonstrates the investor’s
investment meets requirements such as
- establishing a new U.S. business or restructuring one that already exists;
- investing the requisite capital which includes cash or cash equivalents
such as certificates of deposit, treasury bonds, or other instruments that can
be converted readily into cash. Equipment, inventory, and other tangible
property are also counted as capital;
- creating employment within a targeted employment area;
- creating job opportunities to at least ten U.S. citizens;
- proving that the investor is active in the management of the company;
- demonstrating that the investment comes from a lawful source of funds.
Once the Form I-526 is approved, the investors may obtain conditional resident
status by
- filing INS Form I-485, Application to Register Permanent Residence or
Adjust Status, if residing within the United States; or
- apply for an immigrant visa at a U.S. Consulate abroad, if residing
outside the United States.
You can remove conditions on residence by filing INS Form I-829, Petition by
Entrepreneur to Remove Conditions. The Form I-829 must be filed 90 days before
the second anniversary of your admission to the United States as a conditional
resident.
Filing the application for green card is a time consuming process.
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you to determine the eligibility for applying for a green card; gather the
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