Does the EB-5 program allow potential immigrants to “cut” to the front of the immigration line? The answer is a definitive, no. Believed by many to be a shortcut to US permanent residency, the EB-5 program is not a line-cutting program. In fact, the US Government sets aside each year, 10,000 visas for EB-5 investors. Of the 10,000 visas, 3,000 are set aside for investments made in Target Employment Areas (TEA).
As the government specifically sets these visas aside, it’s not possible for EB-5 investors to steal visas from other immigrants or jump to the front of the line. Compared to other countries around the world that utilize a point system for immigration, the United States does not have such a program. Unless a potential immigrant has a job or family member available to sponsor them, there are limited options for obtaining US Permanent Residency.
The EB-5 Visa Program allows these immigrants with limited options to legally move to the US. This misconception that EB-5 investors “buy” their way into the US at the expense of immigrants of lesser means is outdated and simply incorrect. The government implements visa quotas, which allow each visa category a limited number of spaces.
The benefits of the EB-5 program provide immigrants with a chance to live, work and study in the US, with the added benefit of their investment contribution leading to the growth of the US economy.
The Information contained in this blog is for information purposes only, and should not be considered legal advice for any individual case or situation. The information provided is not a substitute for consultation with an attorney. No attorney/client relationship is created by the information contained herein.
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