Northern California
Regional Center
PO Box 31654
Stockton, Ca. 95213
About the EB-5 Program
The EB-5 Program was created by the United States congress through passage of the Immigration and Nationality Act in 1990. The United States Citizenship and Immigration Services set aside 10,000 visas per fiscal year for immigrant investors to obtain citizenship through the EB-5 Program. The EB-5 Program is currently being administered by the United States Citizenship and Immigration Services (“USCIS”), an agency of the Department of Homeland Security.
The EB-5 Program was created to make visas available to foreign investors who invest $1,000,000, or $500,000 if located within a targeted employment area, in a U.S. business that creates 10 direct full time jobs for U.S. workers. In 1993, Congress created the Pilot Program to stimulate immigration under the EB-5 category. Under the Pilot Program, EB-5 investors invest through designated regional centers and are permitted to count jobs created both directly and indirectly by the qualifying investment.
Please see the USCIS website for more details on both programs. Click here for the link.
BENEFITS OF THE PILOT PROGRAM
The benefits are numerous and the following are just a few:
- Fast way to obtain a U.S. green card and U.S. citizenship
- Green card gives you rights similar to U.S. citizenship
- Green card allows you to travel to and from your homeland
- Free to work and live anywhere in the U.S.
- No waiting list
- Investors freed from managing investment on a daily basis
- Job creation requirement is satisfied by direct and indirect job creation
- No sponsor needed
- Possible to become a citizen after 5 years
The Pilot Program is one of the fastest ways to become a United States Citizen as individuals may be able to obtain full U.S. citizenship within approximately 5 years. The investor can apply for a U.S. green card though the EB-5 program which basically gives the investor the same rights as a United States citizen. There is no waiting list for obtaining an EB-5 green card, and no sponsor needed for the EB-5 program. Under the Pilot Program, an immigrant investor does not need to live or work anywhere near the site of the investment. The individual is free to live and work anywhere they choose in the United States. The EB-5 program benefits the investor with more freedom as they are not required to handle the investment on a daily basis. While the EB-5 program provides the immigrant investor with many benefits, you should remember that the investment is creating jobs. This is probably the greatest benefit, knowing that your investment is making a positive impact in America.
The information contained in these pages is for general purposes only. It should not be construed as legal advice nor does it create attorney-client communication. No offer to sell any security is made by the information on this website. Offerings will be made only to qualified individuals pursuant to exemptions from registration requirements set out in applicable securities laws.
