Here is an interesting article about a growing trend of immigrant investors. Citizenship for Sale: Foreign Investors Flock to U.S.
Not too long ago I spoke on a radio program about such investments that result in a green card for immigrants.http://www.youtube.com/watch?v=p90lFnqMZmM&feature=player_embeddedThe government allows green cards for two types of investments. For a passive investor, it is $500,000, and for an active investor who will start his/her own business, the investment is $1million.__________________________________________________________________________________________________About the author: Bruce Coane is an attorney who specializes in labor and employment law and immigration law, with offices in Florida and Texas. He may be reached at [email protected], 713-850-0066 or 305-538-6800.