Asked 7/29/2010
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Immigration short cuts Is there currently within the immigration laws,a section that states that any foreign business person can legally gain entry, if they are willing to invest $1,000,000. and create at least 10 new jobs. |
Answer 1/3 - Submitted 7/29/2010
Answer 2/3 - Submitted 1/7/2012
Answer 3/3 - Submitted 1/8/2012
The 1 million USD figure is the general number for investment. If the investor chooses to invest in a rural area, which will include some U.S. island territories, the investment drops to $500,000.00 USD. These type of visas are called E-2 (for entry) and E-5 (for permanent residence). These types of visas do not apply to all countries. The visas are termed treaty investor visas because the person must come from a particular country the the U.S. has a favorable relationship with. A investor from Cuba with 1,000,000.00 USD that develops 10 new jobs will not be able to qualify for this type of visa.
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