As president and CEO of the RCI Capital Group, John Park supports a comprehensive immigrant investor program. Although he is particularly interested in facilitating investment ties between North America and Korea, John Park currently does business in a number of Western and Asian countries. The United States EB-5 investor visa program provides extra incentive for RCI’s investors by giving them a path to a Green Card and permanent residency.
Operating under United States Citizenship and Immigration Services (USCIS) guidelines, the EB-5 visa allows individuals and their families to obtain legal U.S. residency as foreign investors. To obtain an EB-5 visa, investors must comply with a series of regulations. They must meet minimum financial requirements by investing at least $1 million in a U.S. company or commercial enterprise. The U.S. business that receives the foreign capital must be prequalified to participate in the EB-5 program. Capital requirements are lowered to $500,000 if the foreign investor chooses to invest in a Targeted Employment Area.
To keep their Green Cards, EB-5 investors are required to create 10 full-time jobs that span a duration of at least two years.