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  EB-5 Program

Introduction
Benefits of Regional Center
EB-5 Requirements
EB-5 Application
Introduction
OVERVIEW
USCIS administers the Employment Based 5th Preference Program, also known as ''EB-5'', which was created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.
 
The EB-5 Program is available to immigrants seeking to enter the United States to invest in new commercial enterprises that benefit the U.S. economy and fulfill the goal to create at least ten full-time jobs for U.S. citizens, permanent residents, or other immigrants authorized to work in the United States.  Ten-thousand visas are available to investors in this green card category each year. To qualify, a foreign investor must establish a new commercial enterprise in which he or she must normally invest at least $1 million. If the investment is in a rural or high-unemployment area, only $500,000 is required.
 
EB-5 investors receive a "conditional"—or temporary —green card that is valid for two years from the date of their first entry into the U.S. as a qualified resident. If the investment is successfully maintained and satisfies the job creation requirements, an ''unconditional''—or permanent —green card will be issued after two years. This green card allows you and your family members to live permanently in the United States.
 
 
 
INTRODUCTION OF THE REGIONAL CENTER
 
Over the past few years, the United States has made a number of important changes to the laws governing the EB-5 program, fine-tuning the intricacies and updating the guidelines so that the program can continue its progress as an effective and reliable immigrant visa-solution.  The Immigrant Investor Pilot Program (''Pilot Program''), also known as the ''Regional Center Program'', was created in 1992 and became one of the steps that greatly helped the EB-5 program to become an effective way for foreign investors to obtain the U.S. Green Card.

EB-5 requirements for an investor under the Pilot Program are essentially the same as in the standard EB-5 investor program, except the Pilot Program provides for investments that are affiliated with an economic unit known as a ''Regional Center''.
 
A ''Regional Center'' is defined as any economic unit, engaged in the promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment. An EB-5 Regional Center must be approved by USCIS and receive an USCIS designation.  To obtain regional center designation, managers of the regional center must submit a proposal to USCIS detailing how foreign investment will achieve economic growth and job creation within a defined geographical boundary.
 
 
Under the Pilot Program, 3,000 EB-5 visas also are set aside for investors in Regional Centers designated by USCIS based on proposals for promoting economic growth. Investments made through regional centers can take advantage of a more expansive concept of job creation including both ''indirect'' and ''direct'' jobs. 

''Direct'' jobs are considered those actual (or identifiable) jobs for qualified employees located within the commercial enterprise into which the EB-5 investor has directly invested his or her capital. ''Indirect'' jobs are those jobs shown to have been created by means of collateral (or as a result) of capital invested in a commercial enterprise affiliated with a Regional Center by an EB-5 investor.

Las Vegas EB-5 Immigration Regional Center (LVIRC) is an USCIS approved and designated Regional Center. To obtain the designation, LVIRC demonstrates the management expertise in real estate investment, capital markets and immigration law, approved job creation methodology, along with the ability and commitment to promote the economic growth in the Las Vegas metropolitan area.

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