Dramatic EB5 News | March 2020
Today March 19 2020 it is reported that as a part of the massive 1 trillion dollar Coronavirus package, the Trump administration is proposing to increase the EB5 quota from 10,000 to 75,000 and reducing the investment amount from $900k to $450k.
This dramatic EB5 news will clearly inject significant capital into the economy dramatically hit by the current circumstances. All in the business investment visa industry applaud the administration for this elegant idea of using immigration strategically for national benefit. EB5 news like this doesn’t occur every day.
The EB5 VISA Program is designed to create permanent jobs in America by allowing foreign citizens to submit a petition of permanent Visa or Green Cards by investing the amount of USD 1,800,000 or USD 900,000 in specific Targeted Areas through a designated Regional Center.