Steps to Get a Green Card Through Real Estate Investments
Steps to Get a Green Card Through Real Estate Investments
There are a number of ways to obtain a green card, which allows an individual to live and work permanently in the United States. One way is through investment in real estate.The government offers two programs for foreign investors looking to obtain a green card through real estate investment: the EB-5 Immigrant Investor Program and the EB-5 Regional Center Program.The EB-5 Immigrant Investor Program requires a foreign national to invest $1million (or $800,000 in certain targeted employment areas) in a new commercial enterprise that creates at least 10 full-time jobs for U.S. workers.The EB-5 Regional Center Program is similar to the EB-5 Immigrant Investor Program, but allows for a foreign national to invest in a pre-approved regional center instead of a specific commercial enterprise. There are a number of benefits to investing in a regional center, including the ability to pool investments and the potential to create indirect jobs.If you are interested in obtaining a green card through real estate investment, there are a few steps you will need to take:1. Choose an EB-5 program that best suits your needs and goals.2. Make the required investment.3. Create or invest in a new commercial enterprise or regional center.4. Create at least 10 full-time jobs for U.S. workers.5. Obtain an EB-5 visa and green card.6. Maintain your investment and job creation for at least two years.7. After two years, you may be eligible to apply for permanent residency in the United States.Minimum Investment Required for Getting a Green Card Through the EB-5The United States offers a number of programs through which foreign investors can obtain a green card, or permanent residency. One such program is the EB-5 Immigrant Investor Program, which requires a minimum investment of $1million (or $800,000 in certain designated areas).
I-829 petition alert from USCIS.gov.
About Michele Lawrie
Michele Lawrie is the Chief Real Estate Officer at HomeAbroad and has worked as a real estate professional for the past 13 years, helping domestic and foreign national clients navigate the home buying and selling process. She is passionate about real estate and strives to educate clients and the general public to empower them in making the best choices during the most important financial transaction of their life. Michele has been a Director on the Buffalo/Niagara local Board of Realtors and the Membership Director of the Women's Council of Realtors.