Dollars and Jobs for EB-5 Green Cards: A Challenging Route to U.S. Residency
In their Immigration Law column, Angelo A. Paparelli, a partner at Seyfarth Shaw, and Ted J. Chiappari, a partner at Satterlee Stephens Burke & Burke, write: The EB-5 employment-creation immigrant visa category - which promises a green card if a foreigner invests $500,000 or $1 million earmarked to create 10 U.S. jobs - has at times appeared to be a bureaucratic mashup of Let's Make a Deal and The Price is Right. Unfortunately, game shows have losers, and these foreign investors often find themselves poorer, no wiser and without legal immigration status in the United States.
By Angelo A. Paparelli and Ted J. Chiappari|August 22, 2012
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters.
Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss.
Tailored just for you. In your inbox. Every day.