EB-5 Visa Program Statistics
The EB-5 Visa Program is an increasingly popular measure that has been steadily attracting foreign investors for the promise of a green card. The EB-5 Visa, first instituted in 1990, is centered on the premise that for an investment of $500,000-$1 million in the American economy, including the creation of 10 full-time jobs, a foreign national can obtain a green card.
Some of the greatest beneficiaries of this program are specially designated Targeted Employment Areas, also known as TEAs. The EB-5 Visa Program provides an incentive to investors by allowing them to invest $500,000 instead of $1 million if the region they’re investing in has greater than 150% of the national unemployment rate or is a rural area outside of a metropolitan statistical area. Struggling communities are therefore afforded a chance to reduce the unemployment rate through the 10 job creation mandate of the program. In fact, in order to promote investment in these underdeveloped areas, the United States Citizenship and Immigration Services set aside 3,000 of the annually allotted 10,000 EB-5 visas specifically for individuals who invest in a TEA. Having recently been renewed through September 2015, the Program is here to stay for the foreseeable future, making it important for people to see just how helpful it is for the American economy.
EB5Investors.com has compiled statistics regarding the program and created an easy to understand graphical representation. By all accounts, 2012 is set to be a record year for the EB-5 Visa Program, meaning billions of foreign capital will be invested in bettering the economy and creating jobs. As shown in the infographic, well over 2000 EB-5 visas have been applied for and issued as of March 2012, already surpassing all but 2009 and 2011. The bulk of these applicants hail from China, which accounts for 50.09% of the EB-5 visas issued. The other nations rounding out the top 5 EB-5 visa seekers are, in order, South Korea, Great Britain, Taiwan, and Iran, collectively, with China, accounting for 82% of the EB-5 visas issued from 2006 through March 2012.
Foreign nationals looking to make use of the program can find plenty of information about it on EB5Investors.com. EB5Investors.com connects foreign investors with a wealth of information regarding the program and, more importantly, provides them with a variety of immigration attorneys able to facilitate the EB-5 visa application process. With the number of EB-5 Visa applicants looking to be at a record high, EB5Investors.com can help individuals find an attorney who will be dedicated to helping investors find sustainable investments and achieving their goal of attaining a green card.