HOUSE EXTENDS EB-5 JOB CREATION GREEN CARD PROGRAM
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.
if it doesn't go through, there will be issues in houston: http://www.chron.com/disp/story.mpl/front/5949744.html#
Posted by: hi | August 18, 2008 at 04:38 AM
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.
Posted by: USC | June 11, 2008 at 02:51 PM