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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.
The U.S. Citizen and Immigration Services EB-5 visa program requires potential investors to make qualifying investments ($500,000 or $1,000,000 minimums) and directly or indirectly create or save ten jobs. [9] The Gateway to the Midwest Investment Center (GMIC) became a non-profit EB-5 Regional Center as of September 27, 2010. Currently, the ...
The extent of the immigration benefits for investors is unclear because the draft text leaves key details to be regulated later by the government. The proposal is expected to be voted on by the ...
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