Introduction to the EB-5 Immigrant Investment Program

Production Date: October 17, 2017 Practice Areas: Immigration Law Estimated Length: 3771 minutes


$ 59 Immigration Law In Stock

In 1990, Congress created the EB-5 Program to stimulate the U.S. economy through job creation and capital investment by foreign investors. Under a program initially enacted as a pilot in 1992, and regularly reauthorized since then, investors may also qualify for EB-5 classification by investing through regional centers designated by USCIS based on proposals for promoting economic growth. On May 5, 2017, the President signed Public Law 115-31 extending the regional center program through Sept. 30, 2017

This program is known as EB-5 for the name of the employment-based fifth preference visa that participants receive. USCIS administers the EB-5 Program. Under this program, entrepreneurs (and their spouses and unmarried children under 21) are eligible to apply for a green card (permanent residence) if they make the necessary investment in a commercial enterprise in the United States, and plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.

This program, taught by NYC Immigration attorney Neil Weinrib, will introduce an overview of the EB-5 program, including the legal requirements and examples of qualifying projects, and assess the mutual benefits and obligations that the program offers the U.S. economy as well as potential investors.

Learning Objectives:

  1. Introduce the EB-5 program and its intended purpose generally
  2. Examine the EB-5 legal requirements as applied to individual investors in various countries
  3. Review examples of qualifying EB-5 projects for USCIS submission
  4. Identify the potential gatekeepers that can cause problems for EB-5 applications
  5. Assess the potential fraud and abuse that comes with the promise of this program
  6. Explore the future direction of this program with the new administration

Marc P.
Longmont, CO

Interesting topic.

Jeffrey K.
Milwaukee, WI

very interesting course