Kenyan-American Attorney Targets Wealthy Kenyans with Sh90 Million US Visa Deal
US-based companies have camped in Nairobi to woo super-rich Kenyans to invest in projects abroad in exchange for a green card for them and their families.
Wealthy Kenyans who invest at least Sh90 million ($900,000) in approved investment ventures that create employment opportunities in rural townships in the US qualify for permanent residency visas.
The Trump administration raised the investment threshold for EB-5 visas from Sh50 million ($500,000) to Sh90 million ($900,000) starting November 1st.
Kenyan-American attorney Laban Opande this week opened a corresponding office in Nairobi that facilitates EB-5 visa applications.
Speaking during the opening, Opande said the office to be based at Nairobi’s Meritad Law will handle applications from affluent Kenyans yearning to live, work and study in the US while enjoying privileges of being a citizen.
“Anyone with Sh90 million to invest in Allen mixed-use development (real estate project in Houston, Texas) qualifies for consideration to get an EB-5 Visa that allows them to immigrate to the US together with their children aged below 21 years. They can study, work and access medical care in America,” said Opande.
He added: “Applicants must be people of high integrity and good book-keepers whose source of wealth can be tracked. They must be good taxpayers who are not looking at this opportunity as a conduit to clean their ill-begotten wealth or are causing chaos back home so as to enrich themselves.”
Other companies targeting Kenya’s rich include My American Privilege LLC and Houston EB5 that focuses on real estate ventures, according to Business Daily.
There are 125 Kenyans who belong to an elite group of super-wealthy persons with a net worth of more than Sh3 billion, according to a recent wealth report. Of the 125, 24 percent of them have a second passport or dual nationality.
Comments
Kenyans, if you are wealthy…
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Kenyans, if you are wealthy from investing in Kenya, stay there. Do not be lied to. There are many wealthy Americans and they are not investing their money where you are being asked to invest. Ask yourself why? The greencard is not worth the cost.
@Sukuma. You just made my…
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In reply to Kenyans, if you are wealthy… by Sukuma (not verified)
@Sukuma. You just made my day; and it's because money cannot buy the advice you just gave. And even beyond and above what you just said: They need to know that whereas KRA is a joke for corruption, the IRS does not play. You fail to pay taxes in the US or illegally play around it and you're screwed, bundled to jail, and prison to boot (unless you're super-lawyered).
Kenyans, if you gained your…
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Kenyans, if you gained your wealth from investing in Kenya, stay there. Do not be lied to. There are many wealthy Americans and they are not investing their money where you are being asked to invest. Ask yourself why? The greencard is not worth the cost.
Let us see who has looted…
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Let us see who has looted the public exchequer the most, when the list finally comes out.
And they are being asked to…
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And they are being asked to invest in rural America. Rural America is KKK’s stronghold.
US Mungiki stronghold, right?
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In reply to And they are being asked to… by Muhindi (not verified)
US Mungiki stronghold, right?
So why would someone who is…
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So why would someone who is worth almost 100 million relocate to America just to invest in some areas that have been abandoned by American themselves? Why do this so called Kenyan-American attorney think Kenyans are so desperately in need of green-card? This is high level of arrogance and nonsensical grandiosity about America. Just because poor people who are in need of survival are seeking green-card doesn't mean that well-off people are also doing so. These people that you are trying to woo to take their investment to another reach country have proved to be more successful where they are. Do you think they are so ignorant that they don't know about America and its green-card?
Unless the super-rich money…
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In reply to So why would someone who is… by Jag (not verified)
Unless the super-rich money is Easy come, Easy go.
Rural America where 2…
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Rural America where 2 bedroom apartment rent is below $300 per month. They want them to go to the plantations in other words.
I wish I had that much money…
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I wish I had that much money. I would invest chap chap and leave this nonsense behind me.
Why would anyone in their…
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Why would anyone in their right mind leave the enclaves of Kenya, weather and all that good stuff to be a second citizen nyeuthi abroad. You don't know how good you have it out there in +254 if you have all that cash trust me, Stay in Kenya, you live in luxury some of us eye with envy. When time comes me, kids leave the nest, me and mine we are out of here...
Golden visas.... The Chinese…
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Golden visas....
The Chinese have been doing it for decades
I spoke with a Golden Visa…
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I spoke with a Golden Visa consultant about this program and it's true, you need to know what you're getting into regarding their taxes. But... it seems there still are a limited number of $500k opportunities left before the $900k minimum threshold gets activated in the new year. More on this topic here: https://www.goldenvisas.com.ng/eb5-visa-nigerians/
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