Written by: Taher Kameli, Esq. The EB-5 investment program has been a popular vehicle for foreigners to obtain green cards, and permanent lawful residency status, in the United States. As the EB-5 program creates jobs in the United States, it represents a form of immigration that is believed to be favored by President Trump. In fact, the family of President Trump’s son-in-law and advisor, Jared Kushner, has been directly involved in EB-5 projects. Currently, the amount of capital contribution to invest in an EB-5 project is either $500,000 or $1,000,000. The $500,000
Written by: Taher Kameli, Esq. Trump’s stringent immigration policy running afoul of America’s long-standing tradition of embracing immigrants is widely known across the globe. Anti-immigration policies as the centerpiece of Trump’s agenda through which U.S. major issues could allegedly be resolved have stoked concerns among foreign nationals. In such an unwelcoming climate, individuals with outstanding academic and professional profile as well as investors (qualifying for the EB-1, EB-2 NIW and EB-5 categories) may view U.S. permanent residency
Written by: Taher Kameli, Esq. The EB-5 Immigrant Investor Program dating back to 1990 continues to be an attractive route to U.S. citizenship and the participation rate for the program has remained high among foreign investors. Importantly, almost 40,000 EB-5 petitions have been filed with the United States Citizenship and Immigration Services (USCIS) over the past three years. Since its inception, the EB-5 program has proven to be beneficial to the U.S. economy as well. It has truly emerged as a vital source for job creation and has helped stimulate the U.S. economy.