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The Green Card Through Investment Scheme

By Kevin Smithes


The recent green card through investment scheme has been introduced so that new money can be put in to the economy. The idea is to give encouragement to outside investors to pump their money into the US and create jobs while preserving existing ones. There are of course various criteria that need to be met though.

Also known as the Fifth Preference this is a good way get some new money boosted into the economy while allow other eligible individuals to get the citizenship that they want. In this instance there will be a minimum amount of capital required to be considered. The investor will also be required to create a minimum of 10 jobs in whatever business sector they choose to invest in.

The actual minimum amount of capital needed to get the benefit of Fifth Preference will vary depending on the nature of business to be invested in. In theory this should mean that more investor money is directed towards the areas of the economy that is the neediest. This should encourage people to buy into companies that are struggling and try to turn them around.

It should also mean that investors are discouraged from simply buying a company on the cheap, putting it into liquidation and then selling on for a profit. This deal does require the investor to create at least 10 new roles within an organization. This does not count for employed members of the family.

Several investors are allowed to join together and invest in one business. Providing they meet all the minimum requirements then they will each get a citizenship as described above. Each of them will have to create ten new jobs though.

The green card through investment scheme is good for helping to stimulate some growth to the US economy. It will also be of huge benefit to those people who require citizenship to the country but have problems meeting other criterias.




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