August 18, 2022
Chicago Melborne City, USA
Real Estate

Can I Get Green Card If I Buy House In USA?

Investing is one of the most coveted ways for foreign nationals in the United States to obtain valid resident licenses and financial opportunities, genuine estate investments.  In 2016 alone, foreign nationals purchased more than 214,885 US properties, spending a total of $102.6 billion. This is mainly taken from the system of the EB-5 Non-resident Investor Program. Here’s a complete guide for foreign citizens who qualify for a US Green Card by making a specified investment of a minimum of $500,000 or $1 million in a US enterprise.

How To Get Green Card By Buying A House?

The Core Program and the Regional Center Pilot Program are the two flagship programs of the Foreign Investor Track.  Regional centers are USCIS- authorized organizations where you can invest your capital as a participant and partial owner. To qualify for either of these types, you’ll need an EB-5 investment amount of $1 million in a U.S. business enterprise or $500,000. If the business is placed in a Target Designated Area (TEA).  At least 10 US dollars from your investment funds Jobs should be created.

Green Card Benefits In Studies And Citizenship

Being a Green Card holder in the USA allows you to get a quality education in your country. If your goal is to gain United States citizenship, getting a green card through real estate investing is a great place to start.  After your investment in real estate, you have to show that you are a decent citizen by following the permanent laws there for at least five years. With this, you and your family will be able to become permanent citizens of the USA.

How Profitable Is Real Estate Investment In The USA?

US  Real estate in the U.S. is one of the most consistent ways to build wealth so that you can generate a consistent income from it.  Whether you choose direct or indirect investment in real estate, the US market can snowball a property’s economic value into the purchase of more buildings that can track to a reliable business organization, financial independence, and a fuller retirement.

Green Card  For You With Your Family

For most foreign nationals, the highlight of the EB-5 program is access to the U.S.  Green card acquisition.  You can apply for your green card once you’ve directly or indirectly invested $500,000 or $1 million in real estate for a business venture and you’ve met every other EB-5 requirement.  Your spouse and unmarried children under the age of 21 are also eligible for the U.S. and the opportunity to become a permanent resident of America.

Conclusion

If you are thinking of buying a house in the USA to get a green card, you are thinking right to a certain extent.  But you have to struggle a lot to do this, which shows that you are an efficient and decent citizen. To get permanent citizenship, all the laws made in the USA have to be followed for at least five years.