EB-5 program for the USA is the employment-based program

eb-5-programThe Immigrant Investor Program is administered by USCIS and is also termed as EB-5 program. It was formed by the Congress during 1990 for stimulating the dwindling economy of U.S. via creating job and capital investment through investments by foreign investors. The pilot immigration program which has been created in 1992 has made provision for certain 3EB-5 visas to be used for people who will be investing in Regional Centers having designation from USCIS. The proposals of these investors are based on their ability to promote economic growth.

Mandatory conditions for EB-5 program mmigrant investor is considered under this program. Such a business is termed as troubled business.

  • The new commercial enterprise that offers full time employment to the locally based U.S. citizens and which is run for minimum 35 working hours every week is considered under the Immigrant Investor Pilot Program.
  • The main aim behind the U.S. government in creating this program is that the foreign investors should bring more money into the economy of America so that the local employment problem can be reduced. America is a highly developed nation and hence offers vast potential for growth due to which many new investors are attracted to these programs.

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