The EB-5 visa, employment-based fifth preference categoryor EB-5 Immigrant Investor Visa Program, created in 1990 by the Immigration Act of 1990, provides a method for eligible Immigrant Investors to become lawful permanent residents — informally known as green cardholders — by investing at least $1,000,000 to finance a business in the United States that will employ at least 10 American workers. Most immigrant investors who use the EB-5 program invest in a targeted employment area (TEA)— a rural area or area with high unemployment — which lowers the investment threshold to $500,000.The EB-5 program is intended to encourage both foreign investments and economic growth. The EB-5 Immigrant Investor Visa Program is one of five employment-based (EB) preference programs in the United States.
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