EB-5 Visa Background

The EB-5 Visa Program was first launched in 1990 under section 203(b) (5) of the Immigration and Nationality Act (INA), 8 U.S.C. § 1153(b) (5), with a view to encouraging economic development and job creation. Initially, the investors were required to invest $1,050,000 or $800,000 (in areas with high unemployment rate) to create a new business or invest in a troubled business, creating at least ten jobs, directly or indirectly.

However, in 1992, the U.S. Government created the Regional Center Program under Section 610 of Public Law 102-395 to make it easier for immigrant investors to invest their funds.

EB-5 Economic Impact in America

Since 2008, the EB-5 program has created over 820,000 Jobs in America and received over $37 BILLION in investments.

View the full report below:

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Why is the EB-5 program is important for U.S. economy?

Each year, the EB-5 Program attracts billions of dollars of U.S. foreign direct investment (FDI) which is channeled into projects throughout the country, promoting regional economic development.

Apart from garnering a massive amount of investment, the program also promotes job creation by ensuring ten new jobs per investor. This approach not only helps communities in creating a secure financial future but also drives the market by increasing production.

How does EB-5 differ from other visa programs?

No need to manage your business on daily basis.
No travel restriction in and out of your home country.
No sponsor requirement.
No extraordinary ability or education requirements.

EB-5 Visa: The Truth

There is a lot of debate and confusion around the viability of the EB-5 visa program. The truth is, EB-5 has been and will remain a significant contributor towards the US economy and job creation. Therefore, the program benefits both the immigrant as well as the country. Click on the link below to see exactly how essential the EB-5 visa program is to the U.S. economy.

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Summary of New EB-5 Bill

Last night (March 10, 2022), the Senate passed an omnibus spending package that included an EB-5 bill that provides a 5-year reauthorization of the Regional Center Program and other substantial changes. The omnibus was passed in the House of Representatives the day prior but still needs to be signed by the President before midnight on Friday, March 11. All indications point to that this will happen, marking an achievement long-awaited by the Regional Center industry.

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“Forever grateful for the help and expertise that California EB-5 provided me and my family. Our dreams have come true and we have a brighter future…”