23 Mar Potential Increase in EB-5 Visas to Spark Economy Amidst the COVID-19 Pandemic
The Trump administration is considering an increase in the number of EB-5 visas available per year to offset the financial strain the United States is facing due to COVID-19, amongst many world markets facing the same financial difficulties.
The new consideration potentially includes an increase of the number of available visas per year. In addition to the increase in the number of visas available to foreign investors, the investment threshold for investments in high unemployment areas might also possibly be lowered.
The proposed EB-5 changes may be included in a coronavirus rescue bill, according to Politico.The EB-5 program requires qualifying investors to create 10 full-time jobs per investor.
The United States is consistently a top choice for immigrant investors and the EB-5 program permits qualified immigrant investors who invest in a (not just a rural or high unemployment areas so I would use something else here) to receive US permanent residency for themselves as well as their spouse and unmarried children under 21 years of age.
We are closely monitoring these reports and will continue to keep our current investors and potential future investors updated on the latest news regarding this topic.
U.S. Immigration Fund is America’s leading EB-5 Regional Center operator with world-renowned investment opportunities from New York to California and 6,000 clients from across the globe. With approved Regional Centers located in the world’s most thriving cities, USIF provides exceptional opportunities for foreign investors and their families to obtain permanent US residency through the EB-5 program.