The EB-5 Visa is an investment immigration program that has had a significant impact on the United States economy. How does it work, and what is its scope? Let’s delve into it.

Investment in the U.S. Economy

To qualify for the EB-5 Visa, investors must make a minimum investment of $800,000 in an eligible commercial project. In addition to this base investment, they also incur associated expenses ranging from $70,000 to $80,000 over a five-year period. This means that EB-5 investors are committed to a substantial investment in the U.S. economy from the outset.

Significant Annual Contribution

The economic impact of the EB-5 Visa is noteworthy. It is estimated that this program adds approximately $7 billion to the U.S. economy each year. This figure reflects both the initial investment by investors and the ongoing expenses they incur throughout the process.

Job Generation

The EB-5 Visa also has a positive impact on employment. It is estimated to create more than 200,000 job opportunities each year. This is because, to qualify for the EB-5 Visa, projects must demonstrate that they will generate at least 10 full-time jobs per investor. This can include direct jobs in the project and indirect jobs in the surrounding community.

Bipartisan Support

The EB-5 Visa has enjoyed bipartisan support in the U.S. Congress over the years. One of the reasons for this backing is that the program does not have a negative impact on American taxpayers. Projects funded through EB-5 investment do not rely on government funds but are instead financed with private capital from investors.

In summary, the EB-5 industry plays a significant role in the U.S. economy by attracting foreign investment, creating jobs, and contributing to economic growth. For foreign investors, it represents a unique opportunity to obtain the coveted Green Card while participating in the economic development of the country. With its positive impact and bipartisan support, it is a program that will remain relevant in the future.