The EB-5 program was created in 1990 by Congress to spur job creation and economic growth. Through this program, immigrant entrepreneurs are allowed to apply for green cards by investing in businesses that create jobs and promote economic growth. Ten thousand visas are available each year..
The bipartisan proposed EB-5 reform draft aimed at addressing fraud and national security concerns has trade groups and investors alike concerned about the future of the invest-for-visa program against the December 11 2015 program expiration. Here are the Big 3 Concerns:
LOIGICA will help you obtain your green card or U.S. permanent residency. On November 17, 2015, another green card petition was approved for one of LOIGICA’s clients. Of course, we will not disclose who this client is, but I am telling you that this couple was extremely happy when we notified..
The Popular EB-5 program faces upheaval if recently proposed legislation takes affect in 2016. The draft language would increase the TEA investment requirement to $800,000 and non-TEA projects to $1.2 Million. Currently, projects in Target Employment Areas (TEAs), or areas with at least 150 percent..