This is the colloquial term for the US permanent resident card. Individuals with a valid green card are lawful permanent residents of the US. Permanent residents can live and work in the US permanently. The card is documentation that permits permanent residency in the US which can lead to citizenship within a three to five-year period of time. EB5 participants can obtain a conditional green card, leading to unconditional permanent resident status.
President Rousseff’s Re-Election Prompts More Wealthy Brazilians to Seek to Move or Set Up Businesses in South Florida, Obtain U.S. Residency
Along with stock and real estate portfolios, the global rich are now buying a new form of economic security: passport portfolios.
Wealthy investors from around the world are increasingly shopping for visas or citizenship in other countries, hoping for a personal hedge against their own volatile governments or economies. A vast majority are new millionaires and billionaires from emerging-market countries, especially China, Russia and nations in the Middle East. Often, they’re shopping for passports or entree into Europe, the United States, Canada and Australia.
The EB-5 visa program was designed to provide green cards to foreign nationals who invest in economic development in the United States, especially in lower-income areas. Understanding of the program is still evolving, with more communities trying to tap what they see as a potential source of inexpensive, patient capital.
Sorry, the comment form is closed at this time.