U.S green card for high net-worth individuals

High net-worth individuals seeking to acquire green cards through the US government's EB-5 investment visa program have a new opportunity to invest in the massive Miami property refurbishment project. Developers are looking to raise $100 million from EB-5 or through foreign investor finance. Carel van der Merve from LCR Capital, a company specializing in EB-5 investments, sheds light on this development. The EB-5 program offers investors a fast-track route to obtaining a US green card or permanent residency. With a one-time investment of half a million dollars in a US business that creates 10 jobs and sustains them, investors can secure their green card in approximately 18 months. LCR Capital has structured two funds to meet these requirements and minimize capital risks. One fund focuses on real estate investment in the upcoming Four Seasons Hotel in Miami, while the other fund supports franchise financing for new Dunkin' Donuts stores in Florida. South African investors have shown interest in these funds, with a niche group exploring the opportunity to move to the US through the EB-5 program. Despite concerns about Trump's immigration policies, the program is set for review soon with expectations that it will continue. The EB-5 program aligns with the administration's job creation and financial influx goals. The program does not discriminate based on background or nationality, although each country has its allocation. While China has been the dominant market for EB-5 investors, LCR Capital has seen growing interest from non-Chinese markets like Brazil, India, and South Africa. Currently, LCR Capital has over 40 non-Chinese investors across various funds, with more investors in the pipeline aiming to secure their visas before the program's renewal. The process turnaround time is relatively quick, with investors advised on tax implications and worldwide income declarations by professional firms like Grant Thornton. Overall, the EB-5 program offers a viable pathway for high net-worth individuals to gain US residency through investment. Despite political uncertainties, the program continues to attract investors looking to leverage their capital for long-term benefits in the United States.