Menu

For $500K A Foreigner Can “Invest” In The USA & Get Residency (EB-5)

The Immigrant Investor Pilot Program otherwise known as EB-5 which is run by the US Citizenship and Immigration Services (USCFS) and established in 1990 continues to run today despite many calling the program riddled with fraud and possibly facilitating terrorist travel. It allows foreign investors to receive a green card in exchange for at least a $500K – $1 million investment that creates at least 10 new jobs. It was recently renewed by Obama and extends through 2015. – Inc Magazine

UPDATE: The program was quietly renewed again in Dec 2016 by the GOP controlled Congress.

Categories:   Business, Tips

Tags:  ,

Comments