On December 30, 2013, Ali Jahangiri published an opinion in the Orange County Register in which he strongly emphasizes the beneficial impact that the EB-5 program has on the United States. The full opinion article is available to read here.
Some of the benefits of the EB-5 program highlighted in the opinion piece include:
- Illustrating the financial value additions of the program, e.g. that each investor contributes approximately $1.5 million per family, according to an independent case study by Dr. Scott Barnhart, entitled ““The Economic Impact of Individual Immigrant Investors in the EB-5 Program,” which was published in EB5 Investors Magazine. On a larger scale, the EB-5 visa program added a $1.286 billion boost to the nation’s Gross Domestic Product, in addition to $179 million in federal taxes.
- Dispelling a commonly held belief that the EB-5 investor visa is solely about its monetary value, explaining that the human capital, comprised of skilled, hard-working entrepreneurs, injected into our nation as a result of the program is critical to maintaining our country’s position as a thought leader and innovator in international community.
- Summarizing the competition our nation faces for entrepreneurial immigrant investors, e.g. with countries like Canada and Australia, and the need to work with USCIS to foster solutions to improve an imperfect system, that has yet to reach its potential in terms of benefits it can mutually offer the American people, as well as immigrants seeking to realize the American Dream through participation in the program.
EB5Investors.com is hopeful that USCIS leadership will continue to reform its administration of the program resulting in more security, efficiency, and opportunity for everyone involved. Through our media channels, we endeavor to campaign for and support the EB-5 program, for all of its positive impacts: past, present and future.
DISCLAIMER: The views expressed in this article are solely the views of the author and do not necessarily represent the views of the publisher, its employees. or its affiliates. The information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal, immigration, and financial experts prior to participating in the EB-5 program Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.
