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Diane Publishing Books
Immigrant Investors: Small Number of Participants Attributed to Pending Regulations and Other Factors
Paul L. Jones (au)
In 1990, Congress established an investor visa category, referred to as EB-5, whereby immigrants are granted conditional residence & after 2 years, permanent residence status in the U.S. if they invest in a commercial enterprise that will benefit the U.S. economy & create at least 10 FT jobs. The Basic Pilot Program Extension & Expansion Act of 2003 mandates that certain info. regarding the EB-5 employment category be provided. In response to the mandate, this report provides info. on immigrant participation, incl. the number of participants, their countries of origin, & the number who sought U.S. citizenship. Also, this report includes info. about the types of business established & where they were established. Charts & tables.
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