2012 may be the first time in 20 years that the EB-5 Visa Quota is reached. This means the Visa Program would create 40,000 new jobs and bring in over $2 Billion in International Investor funds to the USA in 2012 !
The EB-5 visa, the program administered by the U.S. Citizenship and Immigration Services (USCIS) under the Department of Homeland Security provides a permanent resident visa, or green card, to foreign investors if they invest $1 million in a U.S. project that creates or retains at least 10 jobs. 10,000 EB-5 visas become newly available every year. So far, the EB-5 program has resulted in the creation or retention of 65,000 jobs and $3.1 billion invested in the U.S. economy. The USCIS reported in March that 2,364 EB-5 visas had been issued up until that point in the first quarter of 2012. Which amounts to at least 10,000 new jobs for American workers. At this pace, the 2012 program will come close to using the 10,000 annual visa allocations for the first time since its inception in 1992 !! This would create an estimated 40,000 new jobs for U.S. workers in fiscal 2012. Compare this to fiscal 2011, in which the USCIS created approximately 25,000 new jobs.
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