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EB5 Green Card Program Extended

The EB-5 program allocates 10,000 visas per year for aliens and family members whose qualifying investments result in the creation or preservation of at least ten (10) full-time jobs for U.S. workers. 3,000 of these immigrant visas are set-aside for aliens who invest in designated regional centers, areas of high unemployment or other qualifying rural areas.

The EB-5 visa category started in 1991. Regional Centers started in 1993. The program was due to expire this year. The House of Representatives passed HR 5569, a bill extending the EB-5 Regional Center program for another five years.