New Study on the Economic Impact of EB-5 Regional Center Program
Wednesday, March 27, 2019 – Last week, IIUSA and The EB-5 Investment Coalition (EB-5IC) released a new study on the economic impact of the EB-5 Regional Center Program. Their report details finding a total of $10.98 billion of capital investment in EB-5 projects throughout the U.S. supported more 355,000 U.S. jobs, roughly 6 percent of all job gains over a two-year period.
The study, prepared by Economic & Policy Resources, Inc. (EPR), estimated the economic benefits and job creation contributions of all EB-5 regional center projects that were active in federal fiscal years 2014 and 2015 using the most geographically robust methodology employed to date and a comprehensive EB-5 regional center project activity data set supplied by IIUSA. The study also showed that the regional center program contributed more than $23 billion in labor income to the U.S. economy and resulted in nearly $55 billion—or 3 percent—added to U.S. economic output.
You can read the full report here.