EB-5 visa program was created by the United States Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. The program is supervised by the United States Citizenship and Immigration Services (USCIS). Through the program, USCIS provides up to 10,000 green cards to investors from across the globe. The goal of the EB-5 investor visa program is to create a “win-win” scenario for all parties involved or affected. The program has been successful and has had it challenges however overall the program is a valuable one that changes many lives. The following are some of our favorite articles we would like to share, not endorse, but share. We encourage you to seek experienced and ethical Legal, Financial and other EB5 Project professionals for specific services.
EB5 NEWS IN THE MEDIA
July 29, 2018 – “There are lot of ways for developers to work within the law, which is what they are doing to figure out places within New York City, Los Angeles, and San Francisco that qualify as targeted employment areas,” said Vivek Tandon, founder and CEO of EB5 BRICS, an advisory firm specializing in EB-5 visas.
More South Africans seeking US Green Card through EB-5 investment than ever before
October 3, 2018 – “By Joseph Barnett" With the South African economy entering its first recession since 2009 and the value of the Rand falling 20% in 2018, more and more South Africans are seeking alternate permanent residency in foreign countries. Industry data reveals that demand for a US Green Card through an EB-5 investment of $500,000 is the highest it has ever been, with a 486% increase in the number of EB-5 petitions filed by South Africans over the past three years.
May 15, 2018 – “By Vandana" Applications under EB-5 visa in the US—also popularly known as 'visa for cash'—have more than tripled in the last four years. The EB-5 visa programme assures a green card to aspiring immigrants if they invest $500,000 and create 10 jobs in the United State
Nigerian firm partners Houston EB-5 in $116 million project
January 25, 2018 – “By Shenu Bello" The EB-5 housing investment scheme offers foreign investors the opportunity to become a US citizen by investing in the programme. The offer includes complete capitalisation of the investment project of choice; fast-track permanent and legal residency in the U.S for investors and their immediate family, and share in the profit of the project.