GREEN CARDS FOR SALE IN THE USA
23.01.2009Company: Amcham
The USA is promoting the selling of permanent resident visas, or “green cards,” through investment...
See the company profile | By Mark R. Weiner*
The USA is promoting the selling of permanent resident visas, or “green cards,” through investment. The United States Citizen and Immigration Services (USCIS) has sanctioned the “selling” of green cards through programs know as “Regional Centers.” These investment centers allow a foreign national to invest and obtain green cards for themselves, their spouse and children under the age of 21. For an investment of $500,000.00 into a Limited Liability Company, together with other investor money a specific project, or a series of projects, are invested into all under the watchful eye of the USCIS.
Interest on the investment varies, usually around 2% per year. However, the return on the monetary investment is not what motivates an investor; it is the issuance of the green card. After the initial investment is made, a two-year conditional green card is issued by the USCIS. This allows the investor and their family to live and work anywhere in the USA. Unlike investor visas (E-2), you do not have to work in the company you invested in. 90 days prior to expiration of this two-year period, the investor applies for a “permanent” green card. Once the permanent green card is approved, the investor can withdraw their money and retain the green card for themselves and their family.
The USCIS constantly reviews regional centers and their programs. If any problems arise, the USCIS makes sure the program falls into compliance with all rules and regulations.
*Mark R. Weiner is a Board Certified Specialist in US Immigration Law. mrw@katzbarron.com | www.4avisa.com
