Monday, 30 April 2012

What Is Green Card Eligibility?

By Justine Williamson


Green Card Eligibility can be increased when foreigners get involved in the Eb5 Visa program. Some of the residents of America are not too keen on this program as they believe that this is merely a vehicle that keeps American nationals out of work. It is possible however that these foreigners have certain skill sets that will boost and stimulate the economy.

The Eb5 program is designed so that foreigners are permitted to invest capital into the country for the purposes of creating new employment in America. Investment amounts begin at five hundred thousand dollars. Areas where there is high unemployment. In this way people are able to get work and provide for their families.

Ten jobs need to be created with that five hundred thousand dollars in rural areas. To create jobs in more populated areas an amount of one million dollars is required. Investors who are able to invest this amount will be rewarded by being given two years citizenship that is conditional. The criteria for qualification is quite severe.

This program has benefits that others do not have. Children younger than the age of twenty one and wives or husbands of foreigners who use this system can gain access into the country without extra cost or paperwork. It is also not necessary to have a sponsor to come into the country. Additional money from employers and family members is not necessary either.

Regional centers have been approved in twenty three states by the Eb5 visa program. Washington D. C is one such state. In Arizona it is possible to invest anywhere in the state while California restricts this to certain geographical areas.

Green Card Eligibility can mean restrictions with respect to the types of businesses that one can invest into. It is important to check with the various states as to what businesses can be invested in. I. T and ski tourism is permitted in the state of Vermont.




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