Will New Law Allow Green Cards for E-2 Visa Holders?Posted: February 25th, 2009 | Author: Chris Jaensch | Filed under: Investor Visas, National News | No Comments »
Congresman Adam Putnam of Florida has introduced a new bill in the
House of Representatives which would allow issuance of green cards for
up to 3,000 E-2 visa holders per year.
Keep in mind that this is just proposed legislation and it faces steep odds of getting passed into law.
The bill, which is called the "E-2 Nonimmigrant Investor Adjustment Act
of 2009," carves out 3,000 green cards from the 10,000 green cards that
are available each year in the EB-5 category.
To qualify, the E-2 investor must be present in the U.S. for at least
five years, must have invested at least $200,000, and must create full
time employment for at least two individuals.
The unique thing about the proposed legislation is that the investor
would be able to apply for adjustment of status. Usually this is a
secondary step after an immigrant visa petition has been adjudicated.
By filing right away for adjustment of status, the investor and his or
her family would be eligible for temporary work cards and advance
parole travel permits. Children under 21 might be protected from aging
If you support this visa, please contact your Congressman Putnam (his
Washington office number is 202-225-1252) AND contact your local
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