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Getting permanent residency through an investment

The United States is known as a land of opportunity, and it's given that opportunity to millions of foreign immigrants. Many have come here with nothing and built a life based on the principles of hard work and honesty. Because of the incredible freedom enjoyed by U.S. citizens and permanent residents, hundreds of thousands try to apply for these statuses every year. In the early days, the United States welcomed everyone to its shores, but the borders today are not as open as they once were.

Still, there is a wide variety of ways to get permanent residency through the United States Citizenship and Immigration Service. Every year, it sets aside a certain number of visas and green cards for people with special skills or abilities, people who are seeking asylum from a repressive regime or a dangerous war and for people who can contribute to the country in a meaningful way. For instance, 10,000 visas can be issued every year to individuals who can make significant monetary investments in the United States.

In order to be eligible, you must:

  • Be otherwise eligible to enter the country. In other words, you must meet the typical criteria for admission.
  • There must be an immigrant visa available at that moment.
  • You must have Form I-526, Immigrant Petition by Alien Entrepreneur approved and on hand.
  • You must be able to invest $1,000,000. Alternatively, you can invest $500,000 in certain areas in need of jobs. For instance, rural areas or areas with abnormally high unemployment rates.

To find out more information about applying for an investor-based visa in the United States, you may want to consider speaking with an immigration attorney.

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