EB5 - "Million Dollar Green Card" visa.

[floridapete]

An interesting insight into this oft-quoted way of 'buying your way into America".

Particularly interesting closing remarks !

See: http://blogs.orlandosentinel.com/news_local_southwest_brit/2006/09/ask_an_attorney_2.html#more

[JulieC]

True, Pete, but they admit they had problems with it in the early days and those have been sorted out and it is relatively new so there are a lot of people going through at the moment who havent got to the end of the process yet so wont figure in statistics. The proof of the pudding will very much be in the eating,

[Bobby]

From the Blog:
Quote "On a final note the Immigrant Investor petition is one of the most complex of all immigration petitions and only a few applicants (1,000 or so per year out of the 10,000 visas allocated) successfully immigrate under this category. One should not undertake such a petition without the advice of an experienced licensed immigration attorney." Unquote


Get your penny jars out, start counting folks. There are 9,000 visas not used.

On a serious note, I thought that there would actually be less than 1,000 as quoted.

My opinion is that anyone with $1,000,000 expendable cash should be able to qualify in any number of other categories, without laying out this amount of money. Anyone else is obviously in such a minority that the USCIS have cleverly (and cheekily!), said, "Show us the Money"

It will be interesting to find out how productive the "touted" warehouse projects are, both in financial viability and immigration acceptance.

We shall see.

I'll tell you something, it wouldn't be my million.

Bobby

[Kitty]

Hello

Does this investment have to be from one person or can a group of people club together to raise enough funds?

[JulieC]

Many more people are actually doing the regional centres $500,000 investment - warehouses as you say ( or ski hotels or dairy farms) than are doing the full million dollars. With a million to spare, I would agree with you, Bobby.
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