Saturday, August 14, 2010

Internal USCIS memo suggests improvements for EB-5

Internal USCIS memo suggests improvements for EB-5: "Some EB-5 regional centers are in Targeted Employment Areas (TEAs). Federal law defines such regions as “a rural area or an area that has experienced high unemployment of at least 150 percent of the national average.” These locations can be attractive to foreign investors, as only a $500,000 investment is needed to meet the requirements of the EB-5 visa program.

According to the USCIS, China produced the most successful investors in the EB-5 visa program with 1,979. South Korea had 903 people who earned U.S. green cards through the program, the second most."

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