A bill which would create a new path for permanent residency through investment was introduced into the Senate on February 24th, 2010.
In a rare display of bipartisanship, Democrat John Kerry and Republican Richard Lugar co-sponsored a bill which would significantly ease the requirements of obtaining a green card through investment. The bill would allow individuals to obtain a temporary green card by investing as little as $250,000 in a start-up company. After 2 years, the investor could obtain a permanent green card by showing he or she has generated at least five full-time jobs in the U.S., attracted $1 million in additional investment capital or achieved $1 million in revenue.
The bill would greatly liberalize the current EB5 category which requires investors to invest at least $1 million and create ten jobs.
We will monitor the progress of this bill as it goes through Congress.
Thank you for providing the information. I would like to tell that I have recently came across a firm called American regional center who is providing the service of investment visa for foreign investors and their families who wish to obtain permanent residency in the United States.
ReplyDeleteamericanrcg.com
Good to know about this news of a new path for permanent residency through investment. After long since I have got this valuable information which really so helpful to us all. Actually I was looking forward to know about the process of obtaining a temporary green card. Thanks
ReplyDeletesingapore visa