AMERICAN firm GO EB5 Investment for Green Card has stepped up plans to woo Nigerian entrepreneurs with a view to getting them to invest in the US in exchange for granting them citizenship and the chance to relocate.
Thousands of Nigerians acquire IS green cards annually as under American laws, investors are allowed to obtain citizenship and settle in the country. In a bid to expand this process, GO EB5 Investment for Green Card has called on entrepreneurs with $500,000 and above to invest in different fields of the US economy and secure a future for their families.
Jessica Carrillo, the director of investment relations at the Chicago branch of the firm, said a free workshop will be held in Abuja and Lagos for Nigerian businessmen and women. She added that they are targeting high net worth investors willing to diversify their portfolio by investing the sum of $500,000 in real estate, hotels, farming and other sectors of the US economy.
Ms Carrillo said: “Apart from giving participants a directional purpose in a land full of immeasurable opportunities, their decision to make this investment gives them the benefit of American green cards/citizenship for them and their entire household. While the foreign investors get the income from their investments, their children also get to attend American schools like residents and be eligible for scholarships and grants like American citizens.
"Also, the business persons will also be eligible to build business credit and get loans from America at ridiculous rates over time."
According to the United States Trade Representative, Nigeria and the US had a long history of productive and mutually beneficial trade and investment ties. It added that as the largest market in West Africa and one of the largest economies in Africa, Nigeria plays a central role in the regional economy.
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