The Immigrant Investor Program, also known as “EB-5” was created by the U.S. Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. This investment would be made in exchange for a permanent U.S. Green Card.
A minimum investment of $1 Million is required, or a reduced investment amount of $500,000 is required if the investment is made in a Targeted Employment Area (high unemployment or rural area). A minimum creation of 10 jobs must be attained regardless of investment amount. Investment may be made to an Immigrant Investor Regional Centers which can make an investment on the immigrant’s behalf.
Immigrants receive the following advantages through the utilization of the EB-5 program:
- Permanent U.S. Green Card
- Benefits available to other U.S. residents immediately
- Participants are NOT required to speak English
- Participants do NOT need to own, operate, or manage a business
For more information, contact:
Director, International Business Development
Team Northeast Ohio
1111 Superior Avenue, Suite 1600
Cleveland, OH 44114