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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.
Trump could also potentially make changes to the H-4 EAD program, which permits spouses of H-1B visa holders to work in the country. That would make it a lot less enticing for foreign-born workers ...
Donald Trump’s siding with Elon Musk over visas for high-tech workers is the most significant example yet of the president-elect favoring powerful elements in his new MAGA coalition over his ...
In 2015, a Department of Homeland Security Office of Inspector General (OIG) report criticized Mayorkas's oversight of the EB-5 investor visa program, which offered lawful permanent resident status (green cards) to foreign investors who invested $500,000 into businesses that created jobs in the U.S. [36] The program's popularity greatly ...
Update: President Trump signed a number of executive orders related to immigration on Day 1.Read more. A recent flare-up over visas for tech workers revealed a rift among Republicans on ...
Donald Trump, a Republican originally from New York, who during his first presidency moved his principal residency to Florida, was elected president of the United States in 2016. He was inaugurated on January 20, 2017, as the nation's 45th president, and his presidency ended on January 20, 2021, with the inauguration of Joe Biden .