Tuesday, September 30, 2014
The America Immigration Council has released The U.S. Immigrant Investor Program: New American Investors Making a Difference in the Economy by Matthew Kolodziej.
The State Department recently announced that, for the first time ever, the EB-5 Immigrant Investor Program has reached its cap of 10,000 visas, due in large part to an increase in Chinese investors. Although the EB-5 program has been around since 1990, the growth in its popularity as an investment tool has gone up during the most recent economic crisis. The EB-5 visa offers foreign investors a chance to live in the United States and become citizens in exchange for providing $500,000 to $1 million in capital that creates at least 10 new jobs. The EB-5 Investor Program illustrates how immigration law can be used to directly stimulate economic growth and development.