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Greg Siskind on Immigration Law and Policy

HOUSE EXTENDS EB-5 JOB CREATION GREEN CARD PROGRAM

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The House of Represenatives passed HR 5569, a bill extending the EB-5 Regional Center program for another five years. The program provides green cards to individuals who invest at least $500,000 in investment programs approved by USCIS. The programs must demonstrate to USCIS that at least ten jobs for Americans are created as a result of each qualifying investment. The program has been in existence since 1993 and has been growing in popularity in recent years. The bill passed by unanimous voice vote.

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  1. USC's Avatar
    This is great news. The EB5 is a great program, it enables the USA to attract HNIs, precisely the kind of individuals we need in this country. Glad to see that the vote in the House was unanimous.
  2. hi's Avatar
    if it doesn't go through, there will be issues in houston: http://www.chron.com/disp/story.mpl/front/5949744.html#
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