MANY Filipinos do not know that they can obtain a green card within 2 years by simply investing money. The EB-5 Immigrant Investor Program was created in 1990 to stimulate the economy through capital investment by foreign investors and job creation. The EB-5 program continues to be popular with Asian countries. For Filipinos, the EB-5 program is a great option because there are currently no wait times for Filipino nationals.
Overview of the EB-5 program
Under the EB-5 Immigrant Investor Program, foreign investors can apply for green cards through investment in an existing or new business in the United States and creation of 10 permanent, full-time jobs. An investor can passively invest in a pre-approved regional center (often a large hotel or resort) or directly participate in the operation of a business.The spouse and unmarried children under 21 of the investor are also eligible for green cards through the investor’s investment. Once approved, the investor and his family will receive conditional two-year green cards, which can later be converted to a full-fledged green card.
The EB-5 program has the following basic requirements:
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