Last week, in a press release, USCIS announced a number of significant enhancements to the EB-5 Immigrant Investor program. Note that these are proposed changes which are expected to be published on June 17th for public comment and possible implementation at a later date. About the EB-5 Program In 1990, the U.S. Congress created the [...]
Among our clients and readers, we have many entrepreneurs and start-up companies which may be interested in a recent development in Congress. Senators Kerry (D-MA) and Lugar (R-IN) have introduced a new bill in Congress seeking to drive job creation and increasing America's global competitiveness by helping immigrant entrepreneurs secure visas to the United States. [...]
About EB-5 and the Regional Center Program In 1990, the U.S. Congress created the fifth employment-based preference category (EB-5) for qualified foreign entrepreneurs seeking to invest in a business that will benefit the U.S. economy and create or save at least 10 full-time jobs. The basic amount required to invest is $1 million, although that [...]