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The EB5 Immigrant Investor Visa Program: Common Misconceptions – Green Card For Sale

In this article we will examine one of the common misconceptions people have about the 5th preference employment based visa - specifically, the notion that the eb5 visa program facilitates the outright purchase of a green card.

 The EB5 immigrant investor visa has quickly become one of the most positive and popular visa programs the United States has ever conceived. Responsible for the creation of thousands of full-time jobs for American workers and the influx of well over a billion dollars into the United States economy, the reason for its popularity is quite clear. However, despite its popularity, there exists some confusion about the eb5 visa program. In this article we will examine one of the common misconceptions people have about this particular visa program.

Green Card For Sale – Some of the negative discourse surrounding the eb5 visa program involves people’s perceptions that the programs offers green card visas in exchange for cash. Some people have gone so far as to label it the ‘green card for cash’ program. In actuality, this program involves a fairly complex process of investment and job creation that goes well beyond a simple cash exchange.

The Eb5 investor visa program requires a foreign citizen to make a one million dollar investment into a new or pre-existing American business or government certified Regional Center. If the investment is made into an area where the unemployment rate is at least 150% that of the national average, the figure can be reduced to half a million dollars. Along with this significant cash investment, there are several other conditions that must be met in order for the Eb5 visa to become an unconditional green card visa. As its name suggests, the Eb5 visa (5th category employment based visa), has a direct correlation with certain employment based requirements. Specifically, these visas require at least ten new full-time American jobs be created as a result of the investment. Beyond merely being created, there must be 10 full time jobs in existence for the duration of two years in order for the requirements of the visa to be fully satisfied.

We see here that the Eb5 visa program is in no way a ‘green card visa for sale.’ For every foreign investor who takes advantage of the program, at least ten American workers are being put into full-time positions, and these positions remain active for at least two years. Considering the incredible amount of cash investments, stimulated local economies and newly created jobs the eb5 visa program is responsible for, its popularity is easy to understand. Armed with the knowledge that the visa’s requirements call for such significant and lengthily maintained full time jobs, it becomes clear that it is one of the most positive immigration programs that the United States offers.

Article Tags: Common Misconceptions, Green Card, Visa Program

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