Mark Carmel, US Immigration Lawyer

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Mark Carmel, US Immigration Lawyer

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The New Investor Green Card Visa

For US job creation.


The U.S. Immigration Act of 1990 provides for the new Investor Green Card Visa.In order to qualify for permanent residency status based on the investment in aU.S. business, the investor must create at least 10 full time U.S. jobs, andinvest at least $1 million U.S. dollars in the new enterprise. Approvedinvestors receive a conditional Green Card valid for an initial period of twoyears. At the conclusion of this two year conditional period, the investor mustshow that the U.S. enterprise is still operating and employing at least 10 fulltime workers. Once this is shown, the Green Card becomes permanent.Investments of at least $500,000 U.S. dollars may also qualify the investor fora Green Card, provided that the U.S. enterprise is located in a targeted ruralor high unemployment area, and the Investor has created at least 10 full timejobs.

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Posted by: US Law on Jul 19, 05 | 2:00 am | Profile
 
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