What is the Investment Green Card?
In 1990 Congress created a new category through which people could get Green Cards. If an investor created a new commercial enterprise and employed 10 people by investing $1,000,000.00, the investor could get Green Cards. The amount of the investment is reduced to $500,000.00 if someone invests in a new enterprise in a “targeted area.” A targeted area is defined as an area in the USA that has more than 150% unemployment than the national average. For example if the national unemployment rate is 4.5% then if someone invested in an enterprise located in an area where the unemployment was 4.75% or more they only needed to invest $500,000.00. The idea behind this Investor’s Green Card is that the investor applies a temporary Green Card for 2 years. The application is complex, but it basically proves that the investment was made, 10 people will be employed and the money that was used was legally obtained. Then at the 2 years period, if the investor proves to the Immigration Service that the
