4 ms·

Why not get an investor visa? It's easily convertible to green card according to several people I know who did it. You only need $500K or so for the whole thing

by usaphp 7y ago

Why not get an investor visa? It's easily convertible to green card according to several people I know who did it. You only need $500K or so for the whole thing. And investment money were returned even with some profit.

fernandopj 7y ago
As I recall it doesn't even need to be $500k upfront, you have to (show/prove) you'll invest that and generate jobs in a couple of years.
- deminature 7y ago
  You have to prove you'll create jobs for a minimum of 10 U.S. citizens, which sounds somewhat nontrivial. https://travel.state.gov/content/travel/en/us-visas/immigrate/immigrant-investor-visas.html https://travel.state.gov/content/travel/en/us-visas/immigrat...
  - satya71 7y ago
    Not really. Most such investments are in hotels/hospitals etc with large number of low paid employees.
  - usaphp 7y ago
    You can just provide the money without actually doing any leg work in hiring or managing the business itself. As far as I know you get a list of businesses that require funding and you will pick which one you will fund
  - kevin_thibedeau 7y ago
    You just get roped into a big development project like Hudson Yards in NYC which was an excuse to sell thousands of EB5 visas. The bonus is your investment in "blight" redevelopment turns into luxury housing you can purchase to park your excess funds. https://www.citylab.com/equity/2019/04/hudson-yards-financing-eb5-investor-visa-program-immigration/586897/ https://www.citylab.com/equity/2019/04/hudson-yards-financin...
scarejunba 7y ago
It's a million dollars now. They changed it.
- usaphp 7y ago
  It says $500,000 investment in a rural area will do it: https://travel.state.gov/content/travel/en/us-visas/immigrate/immigrant-investor-visas.html https://travel.state.gov/content/travel/en/us-visas/immigrat...
throwaway082729 7y ago
Too risky to put so much of my hard-earned money into it. I wouldn't be able to sleep at night.

by usaphp 7y ago

fernandopj 7y ago

As I recall it doesn't even need to be $500k upfront, you have to (show/prove) you'll invest that and generate jobs in a couple of years.

deminature 7y ago
You have to prove you'll create jobs for a minimum of 10 U.S. citizens, which sounds somewhat nontrivial. https://travel.state.gov/content/travel/en/us-visas/immigrate/immigrant-investor-visas.html https://travel.state.gov/content/travel/en/us-visas/immigrat...
- satya71 7y ago
  Not really. Most such investments are in hotels/hospitals etc with large number of low paid employees.
- usaphp 7y ago
  You can just provide the money without actually doing any leg work in hiring or managing the business itself. As far as I know you get a list of businesses that require funding and you will pick which one you will fund
- kevin_thibedeau 7y ago
  You just get roped into a big development project like Hudson Yards in NYC which was an excuse to sell thousands of EB5 visas. The bonus is your investment in "blight" redevelopment turns into luxury housing you can purchase to park your excess funds. https://www.citylab.com/equity/2019/04/hudson-yards-financing-eb5-investor-visa-program-immigration/586897/ https://www.citylab.com/equity/2019/04/hudson-yards-financin...

scarejunba 7y ago

It's a million dollars now. They changed it.

usaphp 7y ago
It says $500,000 investment in a rural area will do it: https://travel.state.gov/content/travel/en/us-visas/immigrate/immigrant-investor-visas.html https://travel.state.gov/content/travel/en/us-visas/immigrat...

throwaway082729 7y ago

Too risky to put so much of my hard-earned money into it. I wouldn't be able to sleep at night.