The U.S. Congress created the fifth employment-based preference (EB-5) immigrant visa category in the Immigration Act of 1990 for qualified foreigners seeking to invest in a business that will benefit the U.S. economy and create or save at least 10 full-time jobs. 5,000 of the 10,000 visas available in this category are allotted to investors who participate in an EB-5 program who focus on low employment areas, i.e programs found on the AAA Senior Center website.
EB-5 visa investments should follow three guidelines:
- A foreigner should create a business or invest in a previously created business that was established after November 19, 1990.
- The business investment amount should be a minimum of $1 million for economically stable regions or $500,000 for USCIS designated regional centers
- The business should establish or maintain 10 full-time employment positions.