Messersmith Law Firm

Immigration Q&A - May 08, 2011

E2 Visa for a Canadian Citizen

Can a Canadian get a green card with 30000$? I heard I can invest 30000$ in a business and get a green card - is this correct?

I have a bachelor's degree in commerce. Please let me know what is involved legally  

Thanks

No, you cannot obtain an investment based green card with a $30,000 investment. You would need to invest a minimum of $500,000. However, it may be sufficient for an E2 investor visa but $30,000 is still a little low for that. While the law does not list a minimum investment amount, the smallest investment that our firm has received an approval for is about $50,000. The State Department recognizes that the cost to establish a service based business is low and that they will look at the “amount necessary to establish a viable enterprise.”  .

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