Federal Program Grants Green Cards to Investors

A federal program is giving foreign nationals a green card for an investment of at least $500,000. The federal EB-5 Program offers foreign nationals who invest at least $500,000 in the United States a green card, and Bill Stenger, co-owner of the Jay Peak ski area in Vermont, is taking advantage of the policy. According to the Boston Business Journal, Stenger has raised $275 million from 550 foreign investors living in 60 countries to improve the area considered the Northeast Kingdom.

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