Bring Cash and we will give you a Green Card

August 17, 2009                                                                                            Win a green card Subscribe in a reader

Want to become a US citizen? Bring some business savvy and cash. Lots of cash.

usa green card

That, in essence, is the pitch of many cash-strapped regions across the United States as they look for immigrants with capital to invest. Under the two-decade-old EB-5 “Alien Investor” visa program, foreigners with at least $1 million to invest in a US business could get a green card from the US government. Because that threshold drops to $500,000 in areas deemed as especially needing development, more communities are applying to qualify and are bumping up their overseas marketing of the program.

Any geographical area is eligible to become such a “regional center.” California military bases count. The entire state of Vermont is one. The effort seems to be paying off. The number of centers has almost tripled – from 23 a year ago to 60 in July – and the immigrants have followed. In the first two-thirds of this fiscal year, the number of foreign entrepreneurs approved for the program’s first visa had reached 912, nearly double the total for all of fiscal 2007, according to the Department of Homeland Security.

The EB-5 program works this way: Foreign entrepreneurs who invest at least $500,000 in a business in a regional center ($1 million elsewhere) can get a green card in a matter of months, a process that would otherwise often drag on for years. If their venture creates 10 jobs in two years, the investor gets to stay. Five years after becoming a permanent resident, they can become a naturalized citizen

The EB-5 category Visa

“For certain countries like China and India, we have long green card backlogs in most categories – but not in the EB-5 category,” says Stephen Yale-Loehr, who teaches immigration law at Cornell University in Ithaca, N.Y. The majority of the 10,000 allotted visas go unused each year.

Citizens from any country can apply, he adds, but the largest numbers come from China, South Korea, Canada, and Western Europe.

“There are business people who are very happy in China, but they would like to see their children get an international education,” says Vaughan de Kirby, an attorney in San Francisco who helps Chinese financiers negotiate the process and author of a new book, “The Investor’s Path to a Green Card.” Many of his clients are looking to just not lose money on the deal, he says, while getting their families into the US.

These investors have brought in more than $1 billion in foreign money since October 2006 and created 20,250 jobs for US workers, according to Robert Kruszka, deputy chief of service center operations for U.S. Citizenship and Immigration Services, who testified before the Senate July 22.

Mr. Kruszka and many lawmakers want the deal for regional centers – currently a pilot program enacted in 1992 and regularly reenacted since – to be made permanent in Homeland Security’s fiscal 2010 appropriations come September.

Fast-track US citizenship for the wealthy? It might strike some as un-American. But Mr. Yale-Loehr says the program is popular across the board and almost a given that it will be made permanent.

“I’m not aware of any vocal critics,” says Mr. de Kirby, the immigration attorney. “This is the one area of immigration that people seem to be able to agree on.”

Enter the Green Card Lottery. 55,000 Green Cards Must Go Each Year. Let us help you reach your dream of becoming an American resident today!

Actual green card
DV2012 diversity visa lottery

Return to USA Diversity Lottery's immigration news page to read more immigration news.

Green Card Test

USA Diversity Green Card Test

Take the free test to see if you qualify. If you do, apply for the USA Diversity Visa Green Card Lottery here on the Official USA Diversity Lottery site and your dreams may soon come true. 55,000 diversity immigrant visas (Green Cards) available in the lottery every year. Take the free test NOW!

Immigration News

August 17, 2009

Bring Cash and we will give you a Green Card

August 11, 2009

President Obama: No immigration reform until 2010

August 7, 2009

US Worker Green Card Petitions Down Sharply

August 5, 2009

The Pass ID Act promises to return the nation to pre-Sept. 11 dangers.

August 3, 2009

President Obama’s Aunt Resurfaces in Public Housing

July 31, 2009

Gates criticizes U.S. immigration policies

July 29, 2009

US Goverment Rejects Call for Immigration Detention Rules

July 27, 2009

U.S. Citizenship Through Military Service

July 23, 2009

Mexican illegal immigration falls 60% in 1 year

July 22, 2009

No one wants to solve Illegal immigration

July 21, 2009

U.S. Citizenship Through Military Service

July 14, 2009

Democrats play word games on immigration

July 6, 2009

White House: scale back immigration expectations

July 5, 2009

McCain to President Obama: Do not bow to labor unions on immigration

June 23, 2009

Obama administration gut immigration enforcement

June 19, 2009

Obtain a three year residence permit under the Danish Green Card scheme

June 15, 2009

US H-1B Visas still available due to the economic downturn

June 12, 2009

Can Senate Leader Reid find enough Votes to Pass Amnesty Immigration Reform?

May 29, 2009

EU’s version of the US Green Card system in the offing

May 26, 2009

Immigration reform could emerge again in the fall

March 18, 2009

Join the army and become a US citizen in 6 months

March 1, 2009

Obtain a U.S. Green Card without any form of sponsorship