The U.S. EB-5 immigrant investor visa allows an immigrant
investor to gain permanent residency for themselves and their immediate family,
provided that their investment creates and sustains a set number of American
jobs.While these visas offer fantastic opportunities for the immigrants and their
families, there also exists a tangible advantage for the United States.
1) EB-5 creates jobs – EB-5 is short for:
Employment Based 5th Category. The satisfaction of the visa
requirements is wholly reliant upon job creation. Everytime an EB-5 visa is issued,
opportunities are being created for American workers. With over 4,000 of these visas issued in
2009, the job creation they provide has become truly significant.
There can be longer reaching implications for job creation as well. In some
EB-5 cases the immigrants make their investment into a business model that
involves several other investors. This pooling of funds can result in a
business that sees the creation of many more jobs than are necessary to meet
the requirements of the visa. If successful, these businesses will continue to
generate jobs well into the future.
2) EB-5 stimulates economies – Often times the
investments made through the eb5
visa program call
for new construction or renovations. These projects result in the employment of
construction workers, engineers, architects and others specialists. The newly
created jobs provide income to local residents who then put that money back
into other local businesses. The new taxes generated by the business ventures
also contribute to the stimulation of the local economies.
The eb5
investor visa has a direct, positive impact on the economy and, by definition,
creates jobs for American workers. This visa is one of the most mutually
beneficial that the United States government offers immigrants, and due
to its recent extension to 2012, it will continue to facilitate the creation of
jobs for American workers - and provide
opportunities for permanent residence to foreign nationals – for several years
to come.
Click here if you are
interested in learning more about the eb5 visa program, also known as the immigrant investor visa.