The EB-5 Program began in 1990 and is administered by the United States Customs and Immigration Service (“USCIS”). An EB-5 Program provides foreign nationals who have the means to invest in certain job creating commercial enterprises in the US, with the ability to obtain an accelerated United States Green Card, a two-year period of lawful residency and the possibility of eventual permanent residency.
In order to qualify for the U.S. Green Card, the applicant must invest a minimum of $1,000,000 in a commercial enterprise, or $500,000 in an enterprise that is located in a Targeted Employment Area (defined as rural areas and areas of high unemployment), which creates or preserves at least 10 jobs for U.S. workers.
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