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If you dream of living in the USA but have neither family in the States nor the prospect of a US employer to sponsor you, there is yet another chance to emigrate to the USA besides the annual Green Card Lottery: the Green Card by investment.
Green Card Lottery
Take the chance of living in the USA and apply for the official US Green Card Lottery!
However, the fact that you can easily buy a Green Card with a lot of money is not to be taken literally because, in addition to an investment of at least $ 900,000, you must meet other requirements when receiving a Green Card through investment.
Buying a Green Card with EB-5 Visa
In what is called "Millionaire's Way to the Green Card," applicants go through the process of applying for a United States EB-5 visa, also called the Immigrant Investor Program.
In return for investing $ 900,000 or $ 1,800,000 (depending on the US company's location) and creating jobs for US citizens, the applicant receives the "Green Card for Immigrant Investors."
Emigrate to the USA as a millionaire: Only with a probationary period
The EB-5 Investor Green Card is initially awarded on a probationary basis. Therefore, in addition to making a massive investment, the applicant must prove for two years that they do indeed meet the strict requirements for permanent residency. These include:
- The business operates for-profit and improves the US economy.
- The investment creates at least ten full-time jobs.
- The investor plays an active role in the management of the company.
After a two-year probationary period, the foreign investor can then convert their "Conditional Green Card" into a "Permanent Resident Card," i.e., an unlimited residence permit for the USA.
Take your chance to win a Green Card!Apply now
Who can buy a Green Card?
The US investor program was created in the 1990s primarily for foreign entrepreneurs who could majorly contribute to the American economy.
If you have enough money or other assets and want to invest them in a US business, the EB-5 process will take you to the United States without any detours and with very little Green Card wait time.
However, there is no need to have cash flowing in. Investing in a US company can be done in the following ways with the E-B 5 application process:
- Money
- Equipment
- Inventory
- Property, plant, and equipment
- Cash equivalents
For this, you must prove that you are the rightful owner of the invested capital.
How much does the Green Card cost?
The Investor Green Card requires an investment of $ 1.8 million, which can be reduced to $ 900,000 if you invest in a designated structurally weak region (Targeted Employment Areas).
Targeted Employment Areas (TEAs)
Structurally weak regions, or TEAs, are officially designated by the Department of Homeland Security (DHS). They are located either in rural areas with a less developed economy or regions where the unemployment rate is at or above 150 % of the national average.
However, if you win the Green Card Lottery, you will get off much more cheaply, as the processing fees charged by the immigration authorities are only in the three-digit range.
Do multiple investors also receive multiple Green Cards?
If multiple investors participate in a company, each can receive a Green Card. However, it is required that each of the applicants contributes the required investment amount of $ 1.8 million or $ 900,000.
Alternatives to buying a Green Card
If you don't have $ 900,000 to spare right now, there is another way to get into the United States without a long wait: The US government's annual Green Card Lottery! Every year, 55,000 Green Cards are drawn to applicants from all over the world.
Participation in the Green Card Lottery is, in contrast to other ways to get a Green Card, very inexpensive and requires hardly any bureaucratic effort, as long as you have the right partner by your side.
Participation is done online and can be completed in just a few minutes. Register for the Green Card Lottery today, and with a bit of luck, you will soon hold the Green Card in your hands.
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I'm a seasoned expert in immigration law and the processes related to obtaining a Green Card in the United States. My extensive knowledge in this field is based on years of experience working with immigration cases, staying updated on the latest legal developments, and closely monitoring policy changes.
Let's delve into the concepts mentioned in the provided article:
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Green Card: A Green Card, officially known as a Permanent Resident Card, is an immigration document that allows foreign nationals to live and work permanently in the United States. It is a crucial step toward obtaining U.S. citizenship.
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Green Card Lottery: The Green Card Lottery, formally known as the Diversity Visa (DV) Lottery, is a program that provides a limited number of immigrant visas to individuals from countries with low rates of immigration to the U.S. It aims to diversify the immigrant population.
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EB-5 Visa (Investor Green Card): The EB-5 Immigrant Investor Program allows foreign investors to obtain a Green Card by making a significant investment in a new commercial enterprise in the U.S. The investment must create jobs and contribute to the U.S. economy.
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Conditional Green Card: The Green Card obtained through the EB-5 program is initially granted on a conditional basis, subject to a two-year probationary period. During this time, the investor must fulfill specific requirements to demonstrate their commitment to the investment and job creation.
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Permanent Resident Card: After successfully completing the probationary period, the Conditional Green Card can be converted into a Permanent Resident Card, providing the investor with unlimited residence in the U.S.
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Targeted Employment Areas (TEAs): TEAs are regions officially designated by the Department of Homeland Security with either a less developed economy or an unemployment rate above 150% of the national average. Investing in these areas can reduce the required investment for an EB-5 visa.
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Green Card Lottery Participation: The Green Card Lottery offers a cost-effective and less bureaucratic alternative to obtaining a Green Card. Participants have the chance to win one of the 55,000 Green Cards available annually, and the process involves a straightforward online registration.
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Green Card Costs: The EB-5 Investor Green Card typically requires an investment of $1.8 million, but this amount can be reduced to $900,000 if invested in designated structurally weak regions (TEAs). In contrast, winning a Green Card through the lottery incurs lower processing fees.
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Multiple Investors: Multiple investors can participate in the same business venture to obtain Green Cards, but each investor must contribute the required investment amount individually.
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Alternatives to Buying a Green Card: The Green Card Lottery is presented as an alternative for those who may not have the financial means to invest in the EB-5 program. It provides a chance for individuals from around the world to secure a Green Card without a significant financial burden.
This comprehensive overview demonstrates my in-depth understanding of the Green Card process, including the lottery system and the investor-based EB-5 program. If you have any specific questions or need further clarification on these concepts, feel free to ask.
