If you’re a foreign national who owns a business in the US, you may be wondering if you can get a green card, which would grant you lawful permanent resident status in the US. The answer is yes, it is possible to get a green card if you own a business in the US, but it is not a guarantee. In this blog, we’ll discuss the different ways that business owners can apply for a green card.
- EB-5 Immigrant Investor Program
The EB-5 Immigrant Investor Program is a popular route for business owners to obtain a green card. To qualify for this program, you must invest at least $1 million (or $500,000 in a targeted employment area) in a new commercial enterprise that creates at least 10 full-time jobs for US workers. The investment must be made in a regional center, which is a designated area that promotes economic growth. If you meet these requirements, you can apply for a green card through the EB-5 program.
- Employment-Based Green Card
Business owners can also apply for a green card through employment-based categories. If you own a business and are employed by it in a managerial or executive role, you may be eligible for an employment-based green card. You will need to have a job offer from a US employer and meet the requirements of the specific employment-based category, such as the EB-1 category for individuals with extraordinary ability in their field.
- Family-Based Green Card
If you have a family member who is a US citizen or lawful permanent resident, they may be able to sponsor you for a family-based green card. If your family member owns a business and is willing to hire you in a qualifying role, this can strengthen your case for a green card.
- Other Options
There may be other options for business owners to obtain a green card, such as the Diversity Visa Lottery or seeking asylum if you fear persecution in your home country. However, these options are less common and may have specific eligibility requirements.
In conclusion, owning a business in the US can be a viable path to obtaining a green card, but it is important to consider all of the available options and consult with an immigration attorney to determine the best course of action. The process of obtaining a green card can be complex, so it’s important to seek professional guidance to ensure you meet all the necessary requirements.