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Immigrant Investor Program: Additonal Actions Needed to Better Assess Fraud Risks and Report Economic Benefits
Our Price:
$
25.00
By
Rebecca Gambler (au); Seto Bagdoyan (au)
Year:
2015
Pages:
58
Binding
Paperback
ISBN
978-1-4578-7019-4
Product Code:
1457870193
Description
Congress created the Employment-Based Fifth Preference Immigrant Investor Program (EB-5 Program) visa category to promote job creation by immigrant investors in exchange for visas providing lawful permanent residency. Participants are required to invest $1 million in a business that is to create at least 10 jobs -- or $500,000 for businesses located in an area that is rural or has experienced unemployment of at least 150% of the national average rate. Upon meeting program requirements, immigrant investors are eligible for conditional status to live and work in the U.S. and can apply to remove the conditions for lawful permanent residency after 2 years. This report reviewed fraud risks and economic benefits for the EB-5 Program. Figure. This is a print on demand report.
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