What Does the EB-5 Immigrant Investor Program Visa Entail?
The EB-5 Immigrant Investor Program Visa offers a pathway to permanent residency for foreign investors by engaging in a new commercial enterprise in the United States that leads to job creation.
Traditionally, the program requires a minimum investment of $1,000,000, or $500,000 for investments in a “Targeted Employment Area” (TEA) which is either a high unemployment or rural area.
Investors must create at least 10 full-time jobs directly or, when investing through a regional center, jobs may be created either directly or indirectly. For investors aiding “troubled businesses,” job maintenance can suffice.
Significant changes to the EB-5 program were implemented on November 11, 2019, which include an increase in the minimum investment to $1.8 million, or $900,000 for TEA investments. Additionally, the Department of Homeland Security (DHS) now designates high-unemployment TEAs, and EB-5 petitioners can retain their priority dates under certain conditions if they have previously had a petition approved.