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The United States EB-5 visa, employment-based fifth preference category [1] or EB-5 Immigrant Investor Visa Program was created in 1990 by the Immigration Act of 1990.It provides a method for eligible immigrant investors to become lawful permanent residents—informally known as "green card" holders—by investing substantial capital to finance a U.S. business (known as a "new commercial ...
The NYCRC was approved by the United States Citizenship and Immigration Services (USCIS), a division of the United States Department of Homeland Security, to secure foreign investment under the EB-5 Immigrant Investor Program. The company was the first designated regional center in New York City.
The U.S. Citizen and Immigration Services EB-5 visa program requires potential investors to make qualifying investments ($500,000 or $1,000,000 minimums) and directly or indirectly create or save ten jobs. [9] The Gateway to the Midwest Investment Center (GMIC) became a non-profit EB-5 Regional Center as of September 27, 2010. Currently, the ...
The EB-5 visa program, which is also called as the Golden Visa program, requires applicants to invest between US$900,000 and US$1.8 million, depending on the location of the project, and requires at least 10 jobs to be either created or preserved. [40] [41] There is an annual cap of 10,000 applications under the EB-5 program. [42]
A Targeted Employment Area (TEA) is a region of the United States for which the threshold for investment for an investor to be eligible for the EB-5 visa is $500,000 or $900,000 (as opposed to the usual $1,800,000 threshold for the US as a whole), with a judge striking down the increase of the amount from $500,000 to $900,000 but USCIS website continuing to state it as $900,000.
In 2015, an investment fund where Rodham was working as Chief Global EB5 Investor Relations & Government Affairs, the Global City Regional Center, was also using him to recruit EB-5 visa foreign investors in China for a community center project in Philadelphia Chinatown. [30]
Initially, under the first EB-5 program, the foreign investor was required to create an entirely new commercial enterprise; however, under the Pilot Program investments can be made directly in a job-generating commercial enterprise (new, or existing - "Troubled Business" [1]), or into a "Regional Center" - a 3rd party-managed investment vehicle ...
EB-5 visa, an employment visa; EB-5 Reform and Integrity Act, United States law pertaining to the visa; 2022 EB5, an asteroid This page was last edited on 21 ...