For foreign investors seeking the freedom and flexibility to live and work in the United States, the EB-5 Visa Program provides an excellent opportunity to obtain Green Cards.
A Green Card provides Permanent Residency for the applicant, his or her spouse and any offspring under the age of 21. The EB5 investment visa route to a green card avoids the usual requirement of having family connections, securing a job or running an actively traded business - making it a viable route to retirement.
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 "Pilot 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.