What does EB-5 stand for?
The term EB-5 is a United States Citizenship and Immigration Services (USCIS) designation that stands for Employment-Based 5th Category. Under the U.S. immigration law, there are five different categories of immigrating through employment-based avenues, and since EB-5 deals with employment-creation, it’s been designated as the 5th category of Employment-Based methods of immigrating. EB-5 is also commonly referred to as Investor Green Card or Investment Green Card.
What is an EB-5 Regional Center?
An EB-5 Regional Center is defined as a government approved entity, public or private, which is involved with the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment. In practical terms, a regional center serves as an entity that companies/project developers affiliate with in order to raise EB-5 capital.
The designation “EB-5 Regional Center” is similar to the concept of licensing; the regional center designation allows projects, which meet specific job creation advantages, to legally access EB-5 capital (foreign capital investment).
The EB-5 Program’s capital is created by foreign investors who invest in an approved company/project developer’s project. The capital investment must create a minimum of 10 jobs for US workers. The investor is NOT personally responsible for creating these jobs, but rather the money invested will allow a company/project developer’s business to create jobs.
Investors are given the opportunity to analyze the business or project itself prior to investment.
The professionals at the Nevada State EB-5 Regional Center are here to provide guidance through the steps of the EB-5 process and are responsible for directing investors to regional projects that are in compliance with the state and federal regulations.
It’s a win-win-win!
- The Foreign Capital Investors gain legal entry to the US
- The Domestic businesses receive capital to start or grow their business
- The local economy gains local jobs
For additional information about this outstanding program, please contact the Nevada State EB-5 Regional Center:
Toll free: 855.498.6360