An investment-based green card is offered to wealthy non-resident immigrants. The terms of eligibility require either a $1 million investment in a U.S. business or $500,000 business investment in a financially disadvantaged region. The most pressing requirement for these green cards is that the immigrant must maintain an active role in the investment.
Are There Any Location Restrictions?
No. The foreign investor could choose any location in the country. This includes Alaska and Hawaii. They must present information about this choice when they file their application for the green card.
Restrictions for the Business
The first and the most vital restriction is that the immigrant must maintain this business for no less than three years. They aren’t required to control the company completely. However, they must remain active in making major decisions.
They must employ no less than ten employees. These workers must work full time. This equates to at least thirty-five hours each week. Foreign investors who need help fulfilling these requirements or who have legal concerns should contact an immigration attorney in Nashville, TN.
Products or Services
The business must produce a specific product or offer services to the public. It doesn’t matter which you choose. However, all activity must be legal in the United States.
How Was the Investment Money Acquired?
The money used for this investment must be legally obtained. For example, the investor could have received it through inheritance, as a gift, or through a legitimate organization. Federal regulations will review how the funds were acquired to prevent potential issues.
If the funds were acquired through a loan, the investor must remain liable for repaying the loan. Accountability for these funds won’t transfer to the United States after the green card is approved. To review these regulations, you should contact an immigration attorney in Nashvillle, TN now.
Immigration through financial investment must have a positive impact on the U.S. economy. When an application is submitted, an industry assessment is conducted to determine if this venture is feasible. To learn more about these processes, hire an immigration attorney in Nashville, TN, by contacting Dawn A. Garcia Attorney At Law or visiting the website today.
