Is the Investor Visa Program an Underperforming Asset?

Congress created the EB-5 visa program in 1990 as a tool to stimulate the U.S. economy by encouraging foreign capital investments and job creation. The EB-5 program makes immigrant visas and subsequent “green cards” available to foreign nationals who invest at least $1,000,000 in a new commercial enterprise (NCE) that will create or preserve at least ten full-time jobs in the United States. A foreign national may invest $500,000 if the investment is in a targeted employment area (TEA), defined to include certain rural areas and areas of high unemployment.

For more on this please read: Written testimony of USCIS Immigrant Investor Program Office Chief Nick Colucci for a House Committee on the Judiciary hearing titled “Is the Investor Visa Program an Underperforming Asset?”