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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 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.
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.
A strongly criticized new Florida law restricts the real estate buying power of foreigners from seven countries, a startling move for Miami’s global property market.
According to China Daily, the ferris wheel under construction on Staten Island, slated to be among the world's tallest and most expensive with an estimated cost of $500 million, has received $170 million in funding from approximately 300 Chinese investors through the U.S. EB-5 immigrant investor program, which grants permanent residency to ...
An immigration law proposal being debated in Cuba would give incentives to Cubans abroad and foreigners ready to invest in the island’s private sector.
Tech billionaire Elon Musk labeled a section of President-elect Trump supporters as “contemptible fools” as the online debate around visas for highly skilled workers on the right intensifies.
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