South Africans who want to gain a green card via the EB-5 investor green card programme must brace themselves for a price hike.

South Africans who want to gain a green card via the EB-5 investor green card programme must brace themselves for a price hike.

2019/09/20 1:43pm

It's about to become more expensive for South Africans who want to move to America via the EB-5 investor green card programme.

The EB-5 programme is one of the avenues used by families around the world to acquire US citizenship.

The programme was established 28 years ago as a means of stimulating the US economy through job creation and capital investment by foreigners.

From 21 November 2019 the US government will increase the investment threshold of the EB-5 programme from $500,000 to $900,000.

Private equity firm Atlantic American Partners assists individuals and families with immigrating to the US through the EB-5 programme.

The firm's Daniel Ryan explains that they help facilitate the investment of the money into new commercial real estate projects.

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