Foreign investors in Colorado projects get visas

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Foreign investors in Colorado development projects could qualify for legal-residence visas if the project will create at least 10 jobs.

A development project in Vail could provide visas for as many as 160 wealthy foreigners and their families. Other communities are considering similar projects.

Solaris developers in Vail are seeking $80 million from foreign investors, mainly Chinese and South Koreans.

To qualify for the visas, foreigners must invest at least $500,000 in a U.S. project or business that will create at least 10 jobs. If that happens within two years, the foreign investor qualifies for legal-residence status that includes bringing a spouse and dependent children to America.