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The United States EB-5 visa, employment-based fifth preference category [1] or EB-5 Immigrant Investor Visa Program was created in 1990 by the Immigration Act of 1990.It provides a method for eligible immigrant investors to become lawful permanent residents—informally known as "green card" holders—by investing substantial capital to finance a U.S. business (known as a "new commercial ...
The E-2 visa can be renewed indefinitely and it is possible for the investor to change their legal status to a green card (e.g. EB-1A, EB-2, EB-3 or EB-5). The E-2 visa investor must commit to investing a substantial amount (generally US$100,000) and create American jobs (usually 2+).
WASHINGTON (Reuters) -U.S. President Donald Trump on Tuesday floated the idea of replacing a visa program for foreign investors with a so-called "gold card" that could be bought for $5 million as ...
The “gold card” would replace the existing EB-5 immigrant investor visa program, which allows foreign investors to apply for lawful permanent residence if they invest in commercial enterprises ...
Green-card holders married to non-U.S. citizens are able to legally bring their spouses and minor children to join them in the US, [57] but must wait for their priority date to become current. The foreign spouse of a green-card holder must wait for approval of an "immigrant visa" from the State Department before entering the United States.
Commerce Secretary Howard Lutnick said that the new gold card would replace the current EB-5 Immigrant Investor visa program within two weeks, a program that was created by Congress in 1990 and ...
While the number of EB-5 visas is capped, meanwhile, the Republican president mused that the federal government could sell 10 million “gold cards” to reduce the deficit. He said it “could be great, maybe it will be fantastic.” “It’s somewhat like a green card, but at a higher level of sophistication," the president said.
A Targeted Employment Area (TEA) is a region of the United States for which the threshold for investment for an investor to be eligible for the EB-5 visa is $500,000 or $900,000 (as opposed to the usual $1,800,000 threshold for the US as a whole), with a judge striking down the increase of the amount from $500,000 to $900,000 but USCIS website continuing to state it as $900,000.