Montana governor meets about potential EB-5 regional center
The governor of Montana recently attended a meeting regarding the potential creation of an EB-5 regional center in the state.
Governor Brian Schweitzer met with the president of the Attorneys Liability Protection Society (ALPS) Robert Minto and other officials in Missoula to discuss the proposed regional center, according to KAJ18, a CBS affiliate.
The EB-5 visa program gives foreign nationals a chance to earn U.S. green cards. If a foreigner invests $1 million (or in certain areas, $500,000) and that investment leads to the creation or preservation of 10 jobs, the investor becomes green card eligible. EB-5 regional centers help direct and mange these investments.
“As we attract new capital to Montana, we create new jobs in Montana, so new capital new jobs, good for Montana,” said Schweitzer, reports the news source.
ALPS has been working on bringing an EB-5 regional center to Montana.
“It provides an opportunity for us to move the economy forward and to diversify, and that means jobs and that means people being back to work sooner than later,” said State Sen. Dave Wanzenried.
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