Navigating the path from temporary status to a Green Card can be a challenging journey, but for many individuals, the EB-5 Investor Visa provides a viable solution. This program offers foreign nationals an opportunity to obtain lawful permanent residency by investing in a U.S. business that creates jobs for American workers.
The EB-5 Visa requires a minimum investment of $1.05 million in a new commercial enterprise. However, if the investment is made in a Targeted Employment Area (TEA)—an area with high unemployment or a rural area—the required investment drops to $800,000. According to the U.S. Citizenship and Immigration Services (USCIS), this visa not only helps stimulate the economy but also provides a pathway to permanent residency (USCIS, n.d.).
Individuals currently in the U.S. on a temporary visa, such as an H-1B or L-1 visa, can take advantage of the EB-5 Visa program. By investing the requisite funds and meeting job creation requirements, they can apply for a Green Card. The investment must lead to the creation or preservation of at least 10 full-time jobs for U.S. workers within two years.