According to the US State Department (US State Department), most viewed EB-5 will be awarded to foreign investors seeking permanent residence in the United States this year than in any previous year. The statement is an indication that the program – designed to simplify the rules of entry in the United States and simultaneously stimulate the economy – is a great success.

Job Creation

The EB-5 program was created by Congress in 1990 and is administered by the US Immigration Service and Citizenship (US Citizenship and Immigration Services – USCIS). The program allows investors to obtain a green card and permanent residence if the investment is in an American project responsible for creating at least 10 jobs full-time for US citizens.

So far, people from several countries have invested over 6.8 billion dollars in the United States by the EB-5 program. As a result, more than 29,000 granted U.S. seen.

Investors from all over the world

The EB-5 Visa program has attracted investors from around the world, including Canada, Britain, Brazil and South Korea. But most investors are Chinese. The program does not limit the number of investors in each country in the United States. And there are no quotas for the nation, not to be seen to employees.

Each investor must prove to create at least 10 jobs per investment. Since the goal of the program is to stimulate the US economy, it is also valid proof that have been preserved 10 jobs.

Eligible projects

One of the ways that the USCIS determines whether potential investments meet the requirements for the EB-5 Visa program is through the evaluation of submitted proposals. The regional centers usually help foreign investors with the complicated processes, however, it is a good idea that applicants hire their own attorneys. You can apply for an EB-5 visa without investing through a regional center, but it requires the applicant to develop your own business plan. The Shayne Epstein law firm has expert consultants for the EB-5 with experience in writing this type of business plan.