Washington Post Article Vouches for EB-5 Program

  • Home
  • Newsroom
  • Washington Post Article Vouches for EB-5 Program
Washington Post Article Vouches for EB-5 Program

In "Letters to the Editor", Ali Noorani, Executive Director of the National Immigration Forum, had to say this about the EB-5 program: "The EB-5 visa program brings foreign capital into the United States to help public-private partnerships finance myriad development projects across the nation. The program puts Americans to work. It has helped to fund infrastructure, real estate development, energy production, health-care facilities, charter schools, ski resorts, hotels and manufacturing plants, among others."

"EB-5 visas have generated $5.2 billion over the eight-year period from 2005 to 2013. In 2013 alone, its $1.6 billion in investments generated a potential 31,000 jobs based on minimum program requirements. To put that into perspective, 12 states have seen fewer than 31,000 new jobs created in the past 12 months."

September 30th, 2015 will mark the EB-5 Regional Center Program's sunset date. It is of utmost importance to sign the support letter to permanently authorize it. Click here for the IIUSA sign-on web form.