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Several U.S. states have taken advantage of the 1990 U.S. “Immigration through Investment Act” by qualifying as a “special geographic area.” Utah has not.

In general the law provides permanent residency to a non-resident who sets up or invests in a qualified business for $500,000 ($1,000,000 in non-qualified states) and creates 10 jobs for U.S. citizens. Just 100 such investors would bring in 50 million dollars into the Utah economy and employ at least 500 people.

Once Utah has qualified we could bring in hundreds of investors into our state; probably more than other states because of our large international network.

I will immediately begin work with the U.S. Citizen & Immigration Services to obtain recognition as a special geographic area for Utah.

 

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