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About Golden Visa Law in Wisconsin, United States

The term "Golden Visa" commonly refers to immigration programs that offer residency or citizenship to foreign nationals in exchange for significant investments in a country. In the United States, such programs are most closely related to the EB-5 Immigrant Investor Program, which allows eligible investors and their immediate families to apply for permanent residence, also known as a Green Card, by investing in job-creating projects. Wisconsin, like other states, participates in this national program, and its unique economic opportunities and landscape may appeal to potential investors seeking residency through investment.

Why You May Need a Lawyer

The Golden Visa process in Wisconsin involves complex federal immigration regulations, significant financial commitments, and an array of supporting documentation. You may need a lawyer if:

  • You are unsure if you or your business qualify for the EB-5 program requirements.
  • You want to evaluate investment opportunities or regional centers in Wisconsin to minimize risk and maximize compliance.
  • You need assistance preparing and filing the necessary immigration petitions and business plans.
  • You have questions regarding the path from conditional to unconditional permanent residency.
  • You encounter issues regarding the source of investment funds, job creation metrics, or legal compliance during due diligence.
  • Your petition is delayed, denied, or subject to a request for additional evidence.
  • You wish to include family members in your application or address their unique circumstances.

Local Laws Overview

While the Golden Visa, specifically the EB-5 program, is governed primarily by federal law, local factors in Wisconsin may affect your investment options and compliance. Key aspects include:

  • Regional Centers: Wisconsin is home to several federally designated EB-5 Regional Centers. These centers facilitate investment in pre-qualified economic development projects.
  • Business Regulations: Investments must comply with Wisconsin's business incorporation, real estate, and employment statutes.
  • Targeted Employment Areas: Some Wisconsin locations may qualify as Targeted Employment Areas (TEAs), allowing lower minimum investment amounts. Accurate identification is vital.
  • Local Economic Development: Different cities and counties may offer incentives or support for foreign investors in manufacturing, agriculture, or technology sectors.
  • Legal Documentation: Wisconsin requires adherence to state-specific rules on business formation, tax reporting, and labor law for investment entities.

Frequently Asked Questions

What is the Golden Visa in Wisconsin?

In the United States, the "Golden Visa" refers to the EB-5 Immigrant Investor Program, which allows foreign investors to obtain a Green Card by investing in job-creating projects. Wisconsin participates in this national program.

How much do I need to invest for an EB-5 visa in Wisconsin?

The minimum investment is 1,050,000 dollars, or 800,000 dollars if the investment is in a Targeted Employment Area, which includes rural areas or areas with high unemployment.

What are the basic requirements to qualify for the EB-5 program in Wisconsin?

You must invest the required capital in a new commercial enterprise, directly or through a regional center, and show that your investment will create or preserve at least 10 full-time jobs for qualified US workers.

Can I invest in any business type in Wisconsin to qualify?

Generally, any lawful, for-profit business qualifies, but the business must meet job creation requirements and adhere to both state and federal laws.

What is a Targeted Employment Area (TEA) in Wisconsin?

A TEA in Wisconsin is a rural area or an area with unemployment significantly higher than the national average. Investments in a TEA qualify for the lower threshold of 800,000 dollars.

How long does it take to get a Green Card through investment in Wisconsin?

Processing times vary and can range from two to five years or more, depending on individual circumstances and USCIS workload.

Can my spouse and children also get Green Cards through my investment?

Yes, your spouse and unmarried children under 21 are eligible to receive Green Cards as your dependents through the EB-5 program.

Are there approved EB-5 Regional Centers in Wisconsin?

Yes, there are several EB-5 Regional Centers in Wisconsin, each facilitating investments in different sectors and regions of the state.

Is the investment amount refundable if my application is denied?

Not necessarily. The terms of your investment, especially with regional centers, will control whether you are eligible for a refund. Discuss these terms with your lawyer before proceeding.

Do I need to live in Wisconsin after my investment?

No, you are not required to reside in Wisconsin, but you must be involved in the enterprise. Your place of residence in the US is flexible, subject to fulfilling other legal requirements.

Additional Resources

If you are considering the Golden Visa or EB-5 program in Wisconsin, the following resources may help:

  • United States Citizenship and Immigration Services (USCIS) - provides official guidance on the EB-5 program
  • Wisconsin Economic Development Corporation - offers information and incentives for business investment
  • Local EB-5 Regional Centers - can provide project-specific information and documentation
  • Wisconsin Bar Association - to find qualified immigration attorneys
  • American Immigration Lawyers Association (AILA) - a database of experienced immigration lawyers

Next Steps

If you are ready to pursue a Golden Visa in Wisconsin or want to explore your options, it is important to take the following actions:

  • Consult with an experienced immigration attorney who understands both federal EB-5 requirements and Wisconsin-specific business laws.
  • Research and vet potential investment projects or regional centers for financial and legal soundness.
  • Prepare all required application materials, including evidence of the source of funds and detailed business plans.
  • Stay informed about current EB-5 program regulations and any updates affecting investments in Wisconsin.
  • Contact local government agencies and economic development offices if you have questions about eligible areas or business sectors.
Taking these steps with the guidance of a legal professional can help ensure a smoother and more successful Golden Visa process in Wisconsin.

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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.