Invest America EB-5 LLC
HISTORY OF EB-5 VISA
The EB-5 is an Employment-Based 5th Preference visa which was created by the Immigration Act of 1990. It provided for 10,000 immigrant visas per year to qualified individuals seeking permanent resident status on the basis of their investment in a new commercial enterprise. Due to disappointing results with this original immigrant investor program, in 1993, Congress enacted the Immigrant Investor Pilot Program, commonly referred to as the “Regional Center Program.” A Regional Center is defined as an economic unit which is involved with the promotion of economic growth, which includes improved regional productivity and job creation.
Under Section 203(b)(5) of the Immigration and Nationality Act (INA), 8 USC §1153(b)(5), 10,000 immigrant visas are available annually to qualified individuals seeking permanent resident status on the basis of their investment in a new commercial enterprise.
All EB-5 investors must invest in a new commercial enterprise, which means any for-profit activity formed for the ongoing conduct of lawful business including, but not limited to:
WHO QUALIFIES FOR AN EB-5 GREEN CARD?
Qualified EB-5 candidates must be able to invest either $1 million or $500,000 in a U.S. business, depending on the program selected. Ideal EB-5 prospects include but are not limited to: