Selective Overview of U.S. Immigration Law Issues

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Explore:  EB-5 USCIS

I. EB-5 Regional Center -

HISTORY:

Congress created the fifth employment-based prefernce (EB-5) immigrant visa category in 1990 for immigrants seeking to enter to engage in a commercial enterprise that will benefit the U.S. economy and create at least 10 full-time jobs for U.S. workers. Two years later, the Regional Center EB-5 Pilot Program was created. A "Regional Center" is defined as any economic unit, public or private, engaged in the promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment. 3,000 of the 10,000 total available yearly EB-5 visas are set aside for aliens who invest in a U.S. Citizenship and Immigration Services (USCIS) approved Regional Center....

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Topics:  EB-5, USCIS

Published In: Finance & Banking Updates, Immigration Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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