The United States Congress passed a continuing resolution extending the Regional Center Immigrant Investor Program, better known as EB-5.
The program has strong bipartisan support and has been universally extended since enactment.
Under the EB-5 Regional Center program, 10,000 green cards are available each year to applicants investing $500,000 in Targeted Employment Areas, which create 10 permanent full-time jobs for U.S. workers. Investors qualify for Permanent Residence alongside their spouse and any unmarried children under 21.
To many, the EB-5 program is unfamiliar, but as the Middle East gains awareness, demand has surged. According to Tamer Awad, CEO of Prosper America, one of Dubai’s leading investment immigration advisories, ‘’the program is expanding in the Middle East, due to current events in the region. People are exploring other options to diversify their investments and more importantly – to secure their families.”