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If you invest at least $ 1,000,000 in a company, you can get a visa. This gets down to $ 500,000 for some areas. The investment must create or maintain at least

If you invest at least $ 1,000,000 in a company, you can get a visa. This gets down to $ 500,000 for some areas. The investment must create or maintain at least 10 jobs. It's the EB-5 visa.

deleted 15y ago
[deleted]
gnaritas 15y ago
In other word, as usual, there are special privileges for the rich; go figure.
- rbanffy 15y ago
  I would prefer to read that as privileges for those who create jobs. It's not enough to be rich.
  - gnaritas 15y ago
    Every investor fancies himself a job creator.
    - gyardley 15y ago
      While this may be true, the EB-5 is reserved for those who create jobs - not simply 'invest'.
mc32 15y ago
Many countries have this asset requirement -New Zeeland, for example, Canada. It's nothing new or extra-ordinary. It's sort of insurance against draining the state in the event one were to become non-productive.
- oldpatricka 15y ago
  This seems pretty different from the Canadian asset requirement [1]. The Canadian asset requirement is meant to ensure that new (skilled worker) immigrants can support themselves (and it's on the order of $10 000. The immigrant keeps this money and can spend it however he likes. Canada does have something similar to this visa though[2], but the investment is managed by the government. 1. http://www.cic.gc.ca/english/immigrate/skilled/funds.asp http://www.cic.gc.ca/english/immigrate/skilled/funds.asp 2. http://www.cic.gc.ca/english/immigrate/business/investors/index.asp http://www.cic.gc.ca/english/immigrate/business/investors/in...
- rdtsc 15y ago
  This asset requirement is not for shopping at the mall and making sure you don't starve. It is to invest. This money has to be spent on investment and creating jobs in US.