One example of the investments made through the program occurred in October at electric powertrain manufacturer Alte LLC, which is based in Auburn Hills, Michigan, according to the news source.
"The world is indeed flat," said John Thomas, CEO of Alte. "Foreign investors aware of these opportunities are pursuing them for the return on investment they're seeing in companies like ours."
Through the EB-5 visa program, foreigners can obtain U.S. green card eligibility through an investment of $1 million (or $500,000 in some areas) in an American project that either creates or maintains 10 full-time jobs.
The Green Detroit EB-5 Regional Center is one of four approved U.S. Citizenship and Immigration Services centers in Michigan and there are approximately 140 such regional centers throughout the country.
In Michigan, the EB-5 authorized counties include Wayne, Livingston, Lapeer, Macomb, Oakland and St. Clair.
No comments:
Post a Comment