Foreign Investors are Eligible for a Green Card through the EB-5 Program

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Maneuvering through the immigration process and obtaining a green card can be confusing. There are several ways, however, to legally obtain a green card that many people may not know about. A hospital in Arizona is taking advantage of what is called the EB-5 program to not only provide a pathway for foreign investors to get a green card, but also to bring in much needed medical care for a local community.

 

What is the EB-5 Program?

This program, created by Congress in 1990 and administered by the U.S. Citizenship and Immigration Services (USCIS), was started to help stimulate the economy through foreign capital and investment. As part of the EB-5 program, foreign investors who contribute $500,000 or more into a United States project that will create at least 10 new jobs are eligible for green cards for themselves as well as immediate family members. According to the government website for U.S. Citizenship and Immigration Services this minimum investment of $500,000 is for high-unemployment or rural areas. A minimum investment of $1 million is required for all other areas.

 

How is This Program Being Implemented in Arizona?

The EB-5 program is not only beneficial for thousands of families who get green cards to come to the U.S., but for rural communities across the country. Green Valley, Arizona is finally able to build a much needed hospital after receiving large donations from foreign investors. The hospital received $56 million from investors, primarily from Mexico, China, and Vietnam. The developer of the Green Valley Hospital, McDowell Enterprises, had difficulty obtaining finances during the recession. The EB-5 program has brought in more than half of the capital needed to construct the hospital.

 

How Can David Hirson & Partners Help Your Company?

Attorney David Hirson has extensive experience working in the field of EB-5 investment immigration. Cutting through the bureaucracy and understanding the process involved in business and investment related immigration can be overwhelming. Those looking for an experienced EB-5 attorney in the Los Angeles area should contact David Hirson & Partners at 1-949-383-5358 for more information regarding the green card process and United States immigration. Providing families with a green card while at the same time boosting the economy and providing jobs can be a win-win situation for all involved.