The recent collapse in the worldwide economy has led to an increase in violence, instability and crime in many countries across the globe. Wealthy foreign nationals in the Middle East, Africa and Latin America are seeking a safer environment to live and invest their money. Although some European countries, Canada, and Australia offer safer territories to invest, they have very limited immigrant visa programs and the investments are heavily taxed. Meanwhile, the United States has created one of the most beneficial immigrant investor visa programs in U.S. immigration history known as the “EB-5”. The EB-5 program allows foreign nationals to invest in the Unites States and obtain lawful permanent status (green card) for themselves and their immediate family (spouse and unmarried children under 21 years of age), which is the first step to become a U.S. citizen.
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Immigration Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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