Legal Question in Immigration Law in Arizona
My good friends own a buisness and live in america with a investor visa. What is their best option to obtain a green card?
2 Answers from Attorneys
There are several ways how a foreign individual can apply for a green card. For example, through a family member, employment, investment, DV lottery, asylum, etc.
If he is an investor on E-2 visa, it could be possible to apply for a green card an an immigrant investor, provided that he is able to invest at least $1 million dollars (or half of that amount, if invested in a special designated high area "targeted employment area", which is usually done through a regional center).
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Since they have an E-2 Visa, they could convert it to an EB-5 Investor visa as noted above if they have made a $1 million personal investment in their E-2 business. But there may be other options. Do they have a company that is also established overseas? Did they ever discuss an L-1 visa, which is a temporary visa and has a companion Permanent Residence category (called EB-1) which may allow them to obtain residence?
Other options may require for a business (not owned by any family member) to petition for their permanent residence through a test of the labor market. This is called Labor Certification (and known as PERM in Immigration Law) and may be a viable option.
To discuss more, please feel free to email me.
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