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How to buy a Green Card
If you dream of living in the USA but have neither family in the States nor the prospect of a US employer to sponsor you, there is yet another chance to emigrate to the USA besides the annual Green Card Lottery: the Green Card by investment.
Take the chance of living in the USA and apply for the official US Green Card Lottery!
However, the fact that you can easily buy a Green Card with a lot of money is not to be taken literally because, in addition to an investment of at least $ 800,000, you must meet other requirements when receiving a Green Card through investment.
Buying a Green Card with EB-5 Visa
In what is called "Millionaire's Way to the Green Card," applicants go through the process of applying for a United States EB-5 visa, also called the Immigrant Investor Program.
In return for investing $ 800,000 or $ 1,050,000 (depending on the US company's location) and creating jobs for US citizens, the applicant receives the "Green Card for Immigrant Investors."
Emigrate to the USA as a millionaire: Only with a probationary period
The EB-5 Investor Green Card is initially awarded on a probationary basis. Therefore, in addition to making a massive investment, the applicant must prove for two years that they do indeed meet the strict requirements for permanent residency. These include:
- The business operates for-profit and improves the US economy.
- The investment creates at least ten full-time jobs.
- The investor plays an active role in the management of the company.
After a two-year probationary period, the foreign investor can then convert their "Conditional Green Card" into a "Permanent Resident Card," i.e., an unlimited residence permit for the USA.
Who can buy a Green Card?
The US investor program was created in the 1990s primarily for foreign entrepreneurs who could majorly contribute to the American economy.
If you have enough money or other assets and want to invest them in a US business, the EB-5 process will take you to the United States without any detours and with very little Green Card wait time.
However, there is no need to have cash flowing in. Investing in a US company can be done in the following ways with the E-B 5 application process:
- Money
- Equipment
- Inventory
- Property, plant, and equipment
- Cash equivalents
For this, you must prove that you are the rightful owner of the invested capital.
How much does the Green Card cost?
The Investor Green Card requires an investment of $ 1,050,000, which can be reduced to $ 800,000 if you invest in a designated structurally weak region (Targeted Employment Areas).
Targeted Employment Areas (TEAs)
Structurally weak regions, or TEAs, are officially designated by the Department of Homeland Security (DHS). They are located either in rural areas with a less developed economy or regions where the unemployment rate is at or above 150 % of the national average.
However, if you win the Green Card Lottery, you will get off much more cheaply, as the processing fees charged by the immigration authorities are only in the three-digit range.
Do multiple investors also receive multiple Green Cards?
If multiple investors participate in a company, each can receive a Green Card. However, it is required that each of the applicants contributes the required investment amount of $ 1,050,000 or $ 800,000.
Alternatives to buying a Green Card
If you don't have $ 800,000 to spare right now, there is another way to get into the United States without a long wait: The US government's annual Green Card Lottery! Every year, 55,000 Green Cards are drawn to applicants from all over the world.
Participation in the Green Card Lottery is, in contrast to other ways to get a Green Card, very inexpensive and requires hardly any bureaucratic effort, as long as you have the right partner by your side.
Participation is done online and can be completed in just a few minutes. Register for the Green Card Lottery today, and with a bit of luck, you will soon hold the Green Card in your hands.
