Blog Editor and Contributor: Leigh Cole.  I am a shareholder and director of Dinse, Knapp & McAndrew, PC, a regional law firm in Burlington, VT.  With a national immigration law practice, I could live and work anywhere. I grew up in Vermont, but now I choose to live here for the same reasons other businesses and professionals choose Vermont - quality of life, beauty, safety, serenity, and a healthy economy to make it all possible.


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Monday
Mar082010

Proposed EB-6 StartUp Visas for Entrepreneurs

U.S. Senators John Kerry (D-Mass.) and Richard Lugar (R-Ind.) recently introduced legislation to create a new EB-6 immigrant visa (green card) category for entrepreneurs.  The current EB-5 visa program is for international investors who inject at least $500,000 or $1,000,000 into a U.S. business venture which meets eligibility criteria for factors such as job creation.  Under the StartUp Visa Act of 2010, the EB-6 visa would be for entrepreneurs who are funded by venture capitalists or angel investors.  The minimum EB-6 investment from qualified U.S. investors would be $250,000 (or at least $100,000 per EB-6 visa applicant). Read the full post....