The EB-5 Investor Visa Program provides an opportunity for qualified immigrant investors and their immediate families (children up to the age of 21) to obtain U.S. green cards and permanent residency through a one-time investment of $500,000 USD into a new U.S. business that creates 10 or more American jobs.
“This Could Be the Quickest Way to Get a Green Card.”
Fortune (May 2016)
“The EB-5 program has become the most popular residency program in the world.”
Forbes (January 2017)
Administered by the United States Citizenship and Immigration Services (USCIS), the EB-5 program approves and designates Regional Centers, such as the LCR Overseas Regional Center, to attract foreign investment into the U.S.
Since the program’s creation in 1990, thousands of immigrants have received permanent U.S. residency, creating tens of thousands of American jobs at no cost to the U.S. taxpayer.
The EB-5 program has experienced explosive growth since 2009, due to the its long-established guidelines and high individual approval rates. Between 2010 and 2017, EB-5 capital expanded from a base of $975 million to over $6 billion per year.
The U.S. hit its annual quota of 10,000 EB-5 visas for the first time in 2014. Eighty-five percent of them went to Chinese nationals.
The quota system stipulates that no country’s citizens can claim more than 7 percent of the total EB-5 visas in a year, as long as any other country wants them. Due to this strong demand, Investors from mainland China currently face extraordinarily long waiting periods before they can secure their conditional green card.
A Chinese investor filing this year must wait 10 years from the time he invests to when he gets approval to move to the U.S.
In January 2017, USCIS proposed significant changes to the program including raising the mini- mum investment amount from $500,000 to $1,350,000. Absent reform legislation from the U.S. Congress, this important regulatory change by USCIS could be announced as early as Q1 2019. Until then, the $500,000 minimum investment amount continues to be available to all new investors.