How can foreign nationals become permanent residents under the alien entrepreneur immigrant classification (Fifth Employment Based Preference)?
The foreign national must undertake an at-risk investment of $1m (reduced up to $500k in high unemployment areas; increased up to $3m in high employment areas) of lawfully acquired and lawfully transferred funds in an enterprise hiring 10 full time employees. You can finance the investment through secured or unsecured debt as long as the foreign national is personally liable and the assets of the qualifying new business are not used to secure the debt. The workers have to be legally eligible to work and cannot be members of your immediate family.
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- How can foreign nationals become permanent residents under the alien entrepreneur immigrant classification (Fifth Employment Based Preference)?
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