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The EB-5 visa program has been around for over two decades Drew Storen Jersey , and in no year has the limit of 10,000 visas per year been reached. However, EB-5 experts believe that this limit will be reached sometime in the next few years as more people find out about it and as more emerging world economies produce wealthier people. Under EB-5, immigrants can obtain a two-year conditional green card by investing $500,000 in an economically challenged region or by investing $1 million in a start-up anywhere in the U.S. EB-5 immigrants are required to create or preserve at least 10 full-time jobs for U.S. workers.



EB-5 Immigrants and the U.S. Economy



The EB-5 program has raised $2.3 billion in U.S. investment and has been responsible for nearly 47,000 jobs, according to United States Citizenship and Immigration Services (USCIS). Though the program accounts for only a small percentage of U.S. investment by foreign investors Devin Mesoraco Jersey , EB-5 investments come at no cost to the U.S. government. Should the program meet its yearly 10,000 visa limit, it would pump more than $4.4 billion into the U.S. Gross Domestic Product, creating or saving around 75,000 jobs each year, according to an ICF International report.



The EB-5 Program's Reputation for Complexity



Under the EB-5 program, investors Dave Concepcion Jersey , along with their spouses, and children or stepchildren under age 21 can live, work, and go to school in the U.S. The application process does have a reputation for being lengthy and complicated, and in some cases this may have discouraged investor immigrants. However, USCIS has said it is taking steps to make the process more efficient, and has added more analysts whose job it is to evaluate EB-5 projects. Many investor immigrants choose to work with EB-5 consultants and immigration attorneys for help in choosing projects to invest in and with the various applications and documentation required.



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