Regular Program vs. Pilot Program
Regular Program |
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Pilot Program
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There are four requirements of the law under the Regular Program: |
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These same legal requirements apply to the Pilot Program, which allows for the immigration applicant to create a new business within a designated Regional Center. |
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| (1) Investment must be made in a new business or an existing one. |
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(1) Investment must be made in a new business or an existing one. |
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| (2) The individual must put either $500,000 or $1,000,000 of capital into that business depending upon the area in which the business is formed. ($500,000 is sufficient in areas considered "targeted employment areas"). |
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(2) The individual must put either $500,000 or $1,000,000 of capital into that business depending upon the area in which the business is formed. ($500,000 is sufficient in areas considered "targeted employment areas"). |
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| (3) Business results must benefit the U.S. economy and create full-time employment (directly) for at least 10 U.S. workers. |
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(3) Business results must benefit the U.S. economy and create indirect employment for at least 10 U.S. workers. |
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(4) The new business owner (the immigration applicant) must participate in the management of the new business. |
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(4) The new business owner (the immigration applicant) must participate in the management of the new business. |
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