EB-5 Immigrant Investor Program
The EB-5 Immigrant Investor Program is a United States visa program that allows foreign investors to obtain a green card (permanent residence) in exchange for making a qualifying investment in a project that creates or preserves jobs in the United States. The EB-5 program is administered by the United States Citizenship and Immigration Services (USCIS).
To qualify for the EB-5 program, foreign investors must make a minimum investment of $900,000 (or $1.8 million, depending on the location of the investment) in a qualifying project. In return, they are eligible to apply for a green card for themselves, their spouse, and any children under 21 years old. The investment must also create or preserve at least 10 full-time jobs for qualifying U.S. workers.
The EB-5 program has been popular with foreign investors as a way to obtain permanent residence in the United States, especially for those who may not qualify for other visa categories. However, the program has also been controversial, as some have raised concerns about fraud and misuse of funds.