89.1 WEMU

EB-5

Immigration Center Approved For Michigan

Apr 9, 2014
Flickr.com

Feds approve center to encourage immigrant investment in Michigan

Michigan will be only the second state in the country to run a statewide center meant to encourage investment from immigrants.

The center will provide visas for people who invest at least $1 million in the state and create at least ten jobs. The required investment goes down to $500,000 if it is made in a rural community or one with high unemployment.