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Yes, it is an old article. I recently talked with a few friends, who are trying to get into USA via this method - the requirement is still similar - the investment should be generating jobs rather than just buying a house. USA does not change its immigration policies every year. The increase of Chinese immigrants has little to do with the requirements for this channel.
You can also check official website: USCIS.GOV - this is goverment official website
http://www.uscis.gov/portal/site/uscis/menuitem.eb1d4c2a3e5b9ac89243c6a7543f6d1a/?vgnextoid=cf54a6c515083210VgnVCM100000082ca60aRCRD&vgnextchannel=cf54a6c515083210VgnVCM100000082ca60aRCRD
| Green Card Through Investment |
Entrepreneurs (and their spouses and unmarried children under 21) who make an investment in a commercial enterprise in the United States and who plan to create or preserve ten permanent full time jobs for qualified United States workers, are eligible to apply for a green card (permanent residence).
Up to 10,000 visas may be authorized each fiscal year for eligible entrepreneurs.
You must invest $1,000,000, or at least $500,000 in a targeted employment area (high unemployment or rural area). In return, USCIS may grant conditional permanent residence to the individual.
For more information, see Section 203(b)(5) of the Immigration and Nationality Act (INA) and 8 CFR 204.6 (see the “INA” link to the right).
Eligibility Criteria
You may be eligible to receive permanent residence based on investment if:
You have an approved Form I-526, Immigrant Petition by Alien Entrepreneur
You are admissible to the United States
An immigrant visa is immediately available
Application ProcessIf You Are Living Outside the United States
You can become a permanent resident through consular processing if you live outside the United States. Consular processing is when USCIS works with the Department of State to issue a visa on an approved Form I-526, Immigrant Petition by Alien Entrepreneur, petition when a visa is available. For more information on consular processing, see the “Consular Processing” link to the left under “Green Card Processes & Procedures.”
If You Are Living in the United States
You can become a conditional permanent resident through adjustment of status if you live inside the United States. Once the Form I-526 is approved and a visa number is available, you can apply for conditional permanent residence on Form I-485, Application to Register Permanent Residence or Adjust Status. For more information see the “Visa Availability & Priority Dates” and “Adjustment of Status” links to the left under “Green Card Processes & Procedures.”
Supporting Evidence for Form I-485
You should submit the following evidence/documentation with your application:
Two passport-style photos
Form G-325A, Biographic Information, if you are between 14 and 79 years of age
Copy of government issued photo identification
Copy of birth certificate
Copy of passport page with nonimmigrant visa (if applicable)
Copy of passport page with admission (entry) or parole stamp (if applicable)
Form I-94, Arrival/ Departure Record (if applicable)
Certified copies of court records (if you have been arrested)
Form I-693, Report of Medical Examination and Vaccination Record
Applicable fees
The approval notice for Form I-526 (Form I-797)
Family of Entrepreneurs
Your spouse and unmarried children under the age of 21, (known as derivatives) may be included on your immigration petition. If they are residing in the US, they will each need to file a Form I-485. They are counted towards the annual cap of 10,000.
Work & Travel Authorization
Generally, when you have a pending Form I-485, it is possible for you to apply for authorization to work in the United States and to seek advance parole (advance permission to travel and be admitted to the United States upon your return). For further information, see the “Work Authorization” and “Travel Documents” links to the left under “Green Card Processes & Procedures.”
Here is another article from wikipedia: http://en.wikipedia.org/wiki/EB-5_visa
The EB-5 visa for Immigrant Investors is a United States visa created by the Immigration Act of 1990. This visa provides a method of obtaining a green card for foreign nationals who invest money in the United States.[1] To obtain the visa, individuals must invest at least $1 million, creating at least 10 jobs.[2]
By investing in certain qualified investments or regional centers with high unemployment rates, the required investment amount is $500,000. The Immigrant Investor Pilot Program was created by Section 610 of Public Law 102-395 on October 6, 1992. This was in accordance to a Congressional mandate aimed at stimulating economic activity and job growth, while allowing eligible aliens the opportunity to become lawful permanent residents. This " ilot Program" required only $500,000 of investment in exchange for permanent resident status. The investment could only be received by an economic unit defined as a Regional Center.
A Regional Center is defined by any economic unit, public or private, engaged in the promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment. Prior law required the investment in the Regional Center to generate an increase in export sales, however statutory amendments in 2000 and 2002 no longer require this increase. The individual receiving the visa is not required to actively manage the business invested in. For investors who wish to invest in a new or existing business, have an active role in the management of the operation (although simply being a Limited partner in the organization that owns the business qualifies as "AN ACTIVE ROLE."), and have at least one million US dollars to invest ($500,000 if the business is located in certain areas deemed as Rural or with very high unemployment), then the traditional EB-5 visa is the best option. Start Up visa Act Bill was introduced in Senate on February 24, 2010 by Senators Lugar and Kerry.[3] It is in fact a modified EB-5 Visa to create more jobs in America and it may be called as EB-6 Visa.
pumpkin, your article is from 5 years ago. Things are changed. Chinese investors have been growing at 100%+ rate every year. It gonna reach a new high this year for sure. -- by 会员 ChinaRepresent (2010/7/21 1:36:07)
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发表于 2010-7-21 02:43:21
