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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 program was established in 1991 by the United States Congress to stimulate economic development through foreign investment. [3] The program's mandate is to use foreign investment to spur job creation while simultaneously affording eligible foreign investors and family members to become lawful permanent residents of the United States.
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.
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 ...
The current project, Thompson Education Center (TEC), is a proposed for-profit college for foreign students, situated in a 573-acre parcel which borders a state-protected wetland. In December 2011, China City LLC applied to be a USCIS recognized EB-5 visa Regional Center, but the business was never approved by US Homeland Security. [1]
EB-5 Reform and Integrity Act, United States law pertaining to the visa; 2022 EB5, an asteroid This page was last edited on 21 March 2022, at 13:00 (UTC). ...
The SNAP Online Purchase Pilot program, run by the U.S. Department of Agriculture’s Food and Nutrition Service, began in April 2017 with New York and Washington states, and by 2022 has expanded ...
He also founded and was the first executive director of Invest In the USA, a trade association for the EB-5 visa Regional Center Program. [8] [9] He directs the immigration law and policy research program at Cornell Law School. [10]