According to the U.S. Department of State, the number of foreign nationals who received EB-5 immigrant visas in FY 2009 was 4,218, close to triple the number in FY 2008. The EB-5 investor program grants conditional permanent residence to foreign nationals who invest $1 million in a U.S. business, or $500,000 if the investment is made in a U.S. Citizenship and Immigration Services pre-approved economic regional center. The total number of such centers have jumped to 74 and that, in combination with substantial backlogs in other immigrant visa preference categories and the streamlining of EB-5 adjudication procedures, have resulted in a welcome financial injection into the U.S. economy and green cards for thousands of immigrant families. More details on this development can be located at washingtonpost.com. 

Those interested in learning more about this pathway to permanent residence should contact us at 202-785-1960 and request a consultation with Attorneys Jan Pederson and Jessica Marks.