The EB-5 PROGRAM
USCIS - United States Customer and Immigration System
administers the Immigrant Investor Program, also known as “EB-5”
The Employment-Based 5th Preference immigrant visa – EB-5 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.
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. A new commercial enterprise can be established by:
- Creating an original new business
- Purchasing and restructuring or reorganizing an existing business which results in a new commercial enterprise
- Expanding an existing business so that a substantial change in net worth or number of employees occurs
- Investing in a troubled business, as defined by regulations, if the number of existing employees being or will be maintained at no less than the pre-investment level for at least two years
The Investor's investment in the new commercial enterprise must create at least 10 full time jobs for U.S. Citizens, lawful permanent residents and other immigrants lawfully authorized to be employed in the United States.
E-B5 PROGRAM STEPS
We developed a Regional Center USA Map based upon the list of the ones approved by the USCIS.
We worked with a list of more than 500 centers, considering that some are interacting in more than one state. The MAP will be presented in two version, hardcopy and digital.
More than 15% of the approved Regional Centers do not have websites.