The New Investor Green Card Visa

The U.S. Immigration Act of 1990 provides for the new Investor Green Card Visa. In order to qualify for permanent residency status based on the investment in a U.S. business, the investor must create at least 10 full time U.S. jobs, and invest at least $1 million U.S. dollars in the new enterprise. Approved investors receive a conditional Green Card valid for an initial period of two years. At the conclusion of this two year conditional period, the investor must show that the U.S. enterprise is still operating and employing at least 10 full time workers. Once this is shown, the Green Card becomes permanent. Investments of at least $500,000 U.S. dollars may also qualify the investor for a Green Card, provided that the U.S. enterprise is located in a targeted rural or high unemployment area, and the Investor has created at least 10 full time jobs.

| Office of Mark Carmel