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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.
by 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 agoYou 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 agoNot really. Most such investments are in hotels/hospitals etc with large number of low paid employees.
- usaphp 7y agoYou 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 agoYou 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...