One Way to Become a US Resident: Invest in a Business Here
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The United States is just one of many countries around the world that offers temporary or permanent residency on the basis of a substantial investment in the country.
Options exist to secure residency in most countries if job creation can be demonstrated. The US residency by investment program, the EB-5 visa for Immigrant Investors, provides permanent residency (a “green card”) to foreign nationals who invest in a “new commercial enterprise” to create or maintain at least 10 full-time jobs over at least a two-year period. The current minimum investment amounts are $500,000 if the investment is made in a “Targeted Employment Area” or $1 million without such restrictions. This investment may be made directly or indirectly through a regional center.
Regional centers permit for the pooling of funds for a specific project, such as a nursing home or real estate development project, and afford certain benefits such as indirect job creation. Currently there are over 1,100 regional centers, and the process to be certified as a regional center has recently been under question due to its relative ease. Therefore, potential immigrant investors should be wary of the potential for fraud and mismanagement of funds by CIS “approved” regional centers. CIS approval is merely an immigration qualification and does not confirm financial oversight.