The United Sates has a wide reputation as being a land of opportunity, and Michigan is an excellent location for investment; therefore it is understandable that foreigners see Michigan as a wise place for investments. There is much to benefit by investing: prospering companies, increase in capital, and access to a nation that has much to offer in general interests. Foreign investors as well as individuals looking for foreign investors should have a rough understanding of the Immigrant Investor Program (EB-5). EB-5 visas is one way investors may\u00a0obtaining a green card (authorization to live and work within the country’s boarders).<\/p>\n
Generally, investors must invest in a new<\/strong> commercial enterprise or a for-profit entity. This includes, but is not necessarily limited to, a partnership or corporation. Additionally, the \u201cnew\u201d element requires that the commercial enterprise is either formed after November 29, 1990; or if it was established on or before that date, it may be either: (i) restructured to create a \u201cnew commercial enterprise\u201d, or (ii) expanded through investment.<\/p>\n Creating jobs<\/strong> entails more than just hiring to create the illusion of a company. There must be a minimum of 10 full-time positions created within a two-year period.<\/p>\n For the commercial enterprise to be a true investment, actual capital investments<\/strong> must be bad. These can be made in the form of cash, equipment, inventory, or any property. And investments must be made towards either: (i) a general investment <\/strong>in which the minimum investment is $1,000,000, or (ii) a Targeted Employment Area<\/strong> where the minimum investment is $500,000.<\/p>\n