EB-5 is a program run by the United States Citizenship and Immigration Services (USCIS) that encourages foreign investment into approved projects that create American jobs. For each investor a minimum of 10 jobs must be created. The minimum investment is $1 million USD, except in some targeted areas where the investment is reduced to $500,000 USD. This investment must be “at risk” and cannot be guaranteed.
Regional Centers must be approved by USCIS. In Vermont, the entire state has been approved and designated as a regional center. Vermont is the only regional center operated, owned and run by a state government. Additionally because of the rural nature of the state, nearly the entire state is designated as a Target Employment Area or TEA, which means projects are eligible for the reduced investment of $500,000 USD.
Once an investor has made the minimum investment and their application has been approved by USCIS, the investor and their family including children under the age of 21 will receive conditional green cards. After approximately two years the investor and family members will receive permanent green cards if the investment requirements have been met and the required number of jobs have been created.
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