EB-5 Immigrant Investor Program
EB-5 Immigrant Investor Program is a program that stimulates the U.S. economy through job creation and foreign investment by allowing foreign investors to gain permanent residency in the United States if they invest a specified amount of capital into an approved project.
Criteria for The EB-5 Immigrant Investor Program
The EB-5 Immigrant Investor Program requires that investors make a substantial investment in a new commercial enterprise and plan to create or preserve ten permanent full-time jobs for qualified U.S. workers. USCIS administers the EB-5 Program. Congress created it in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors in exchange for permanent residence or Green Cards.
The EB-5 Regional Center Program
In 1992, Congress created the Immigrant Investor Program, also known as the Regional Center Program, which sets aside EB-5 visas for participants who invest in commercial enterprises associated with regional centers approved by USCIS based on proposals for promoting economic growth.
Investors under certain conditions can apply directly with an eligible enterprise rather than through a regional center or state/local government entity (federal government program).
Every person seeking permanent residence or Green Card under this immigrant investor program must be able to establish that they have substantial capital (in addition to their proposed investment) that they either possess or control when applying.
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Sylvia Dell’Armi
Attorney at Law
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