The Employment-Based, category 5 or EB-5 Visa classification established by the U.S. government in 1990 has succeeded in providing thousands of jobs for Americans at no cost to the American taxpayer. An EB-5 visa wherein "Immigrant Investors" can earn lawful permanent resident status by investing in job creating American enterprises has even found it's way onto the silver screen.
The Hollywood Reporter noted on 1/23/12 that the EB-5 program has apparently become a consideration for film financing. Time Warner borrowed $100 million in EB-5 funds and $47.5 million in two separate offerings to underwrite movie and TV production while Lionsgate Studios borrowed $66 million in EB-5 funds and $50 million in two separate offerings to underwrite movie production. Comcast Corporation borrowed $26 million to finance the construction of its headquarters. Independent investors outside of the studio system have also begun considering EB-5 opportunities to fund their slates.
EB-5 funds have also created jobs in the construction of commercial real estate, healthcare facilities and agriculture projects.
US Citizenship and Immigration Services recently reported 2,364 EB-5 visas issued in the first three months of the current federal fiscal year. This equates to at least 10,000 new jobs for American workers. Immigrant Investors may fund and operate their own businesses or channel their investment through a certified "regional center."
The complexities of the program make it essential to contact someone qualified in Immigration Law. Sam Shihab and Associates have the experience to assist in the application and execution of the EB-5 process, providing an extremely effective way for a foreign national to obtain residency in a short period of time.