Regional Center Pilot Program
Us Info | 2012-10-12 12:52

 
In 1990, the United States Congress established the fifth employment-based (EB-5) preference category for immigrants seeking to enter the United States by enacting the Immigration and Nationality Act. The law is intended to benefit the U.S. economy by generating new economic activity and increasing employment in targeted areas. 
 
Section 203(b)(5) of the legislation makes foreign nationals eligible for permanent residency by engaging in a commercial enterprise that will benefit the American economy and directly create at least 10 full-time jobs for U.S. citizens, lawful permanent residents, and other immigrants lawfully authorized to be employed in the United States. The minimum qualifying investment amount is $500,000 for commercial enterprises located within a rural area (or a targeted employment area), and is otherwise $1,000,000. 
 
Congress allocated 10,000 immigrant visas annually for this employment-based preference category. Approximately 3,000 of those visas are set aside each year for those who utilize a designated Regional Center. 
 
The EB-5 program eliminates It does not discriminate against education, experience or does not require a sponsor and allows the family including any children under 21 years old to be part of the process. The annual quote is given by the U.S government and currently allocates 10,000 visas per year to the EB-5 Program. 
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