H1B Visa Lawyer Blog
The United States Citizenship and Immigration Services (USCIS) will be holding a Teleconference on Monday, November 19, 2018 from 1 to 2 p.m. (Eastern). This event is entitled “EB-5 Immigrant Investor Program: Public Engagement”. The first half of the Teleconference will include a discussion of updates to the EB-5 Program and the second half will include a question and answer session.
Event Information:
DATE: Monday, November 19, 2018
TIME: 1:00 – 2:00 pm (Eastern)
To Join the Engagement:
Review the Meeting Invitation (PDF)
Background:
In 1990, Congress created the EB-5 Program to help stimulate the U.S. economy through job creation and capital investment by approved immigrant investors. Under this program, entrepreneurs (and their spouses and unmarried children under 21) are eligible to apply for a green card (permanent residence) under specific conditions. Congress placed a 10,000 annual limit on the number of visas available for the EB-5 program. In 1992 Congress set aside 3,000 of the EB-5 visa total for the EB-5 Immigrant Investor Program, also known as the Regional Center Program. These set aside EB-5 visas are for participants who invest in commercial enterprises associated with regional centers which are approved by USCIS.
USCIS warns that potential investors should always do their own research and consult with a financial professional before making any investment decisions.
Source of Information:
AILA.org, 10/22/18, AILA Doc. No. 18102270:
EB-5 Immigrant Investor Program: Public Engagement
Related Link:
USCIS.gov, Web Page:
EB-5 Immigrant Investor Program