EB-5 enables foreign investors to obtain a temporary green card and ultimately permanent United States residency if they choose that route. U.S. Congress created the EB-5 program in 1990 to enable foreign investors to obtain a U.S. visa by investing a minimum of $500,000 USD in a business that will benefit the U.S. economy and create jobs.
At the conclusion of August, decision-makers in Washington and administration at USCIS had not released any additional information about the future of the EB-5 visa program, set to expire at the end of September. As of the publication of this article, there are approximately 11 days left to take advantage of EB-5 before the end of the program.
Despite the uncertainty regarding the EB-5 Reform Act, application numbers are increasing as investors work to take advantage of the EB-5 program in its current and favourable form. Regional Centers can provide investors with projects that have fewer immigration risks compared to a direct EB-5 investment – either due to the quality of the project or because the project has exemplar approval from the USCIS. Learn more about the advantages of Regional Center investments here.
Time is running out to file under these favourable circumstances. With approximately 11 days left to apply under existing EB-5 regulations – time is of the essence.
U.S. Immigration Fund (USIF) is a regional centre that provides outstanding EB-5 project opportunities, supported by over 30 years of collective real-estate development, finance and banking experience. USIF provides investors with high-calibre projects supported by first-class developers and lenders located in major cities within New York, California, Florida and New Jersey.
USIF became an established EB-5 Regional Center in 2010, Since then, USIF has formed and sponsored highly successful regional centres throughout the United States that have collectively assisted nearly 6,000 EB-5 investors and their families. USIF has $610 million dollars in loans repaid on behalf of 1,220 investors.
If you want to take advantage of EB-5 before September 30th contact USIF today to talk to an EB-5 specialist.