What is the EB-5 Program?
What Is The EB-5 Program?
USCIS administers the Immigrant Investor Program, also known as “EB-5,” created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Under a pilot immigration program first enacted in 1992 and regularly reauthorized since, certain EB-5 visas are set aside for investors in Regional Centers designated by USCIS based on proposals for promoting economic growth.
The EB-5 Program is administered by the United States Citizenship and Immigration Services (USCIS), which oversees the lawful immigration of all non-citizens into the U.S.A., as mandated by the United States Congress.
The future of the EB-5 program is very promising. An increasing number of people are aware of its existence, utility, and benefits. The number of investors engaged in the program through responsible and viable regional centers is continuing to grow, as they view the program as a fast track to U.S. residency coupled with a valuable investment opportunity.
The EB-5 program is a win/win platform for the U.S. economy, U.S. sponsors, and foreign investors, alike.