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 US green cards and permanent residency through a one-time investment of $800,000 USD into a new US business that creates 10 or more American jobs.
The EB-5 Reform and Integrity Act 2022 allows EB-5 applicants who live in the US with a current valid visa to file an adjustment of status application, being able to remain in the United States and obtain an Employment Authorization Document (EAD). This means that H-1B/ F-1/ L-1 (and other) visa holders can apply for a work permit, allowing them more freedom to look for the best work opportunity for themselves and their family members.
“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.
There are two ways investors can apply for an EB-5 Visa: either through Direct Investment or through the Regional Center Program. With a Direct EB-5 investment, the participant invests in a project they create and must provide proof the new commercial entity has created 10 full-time jobs.
The Regional Center Program was created to allow companies like LCR to bring together multiple investors to fund larger projects. This means the investor doesn’t have to directly manage the investment. The Regional Center also can include employees hired by sub-contractors (for example construction workers and hotel staff) in the job creation plan. About 95% of EB-5 applicants choose the Regional Center route.
The EB-5 Reform and Integrity Act 2022 reformed and reauthorized the EB-5 immigrant investor program in March 2022 establishing the minimum investment amount required to obtain a U.S. green card via investment at $800,000 for projects located in TEA (Target Employment Areas), rural areas or infra-structure projects; or $1,050,000 for other projects.