The EB-5 Investment Visa Program is the immigrant visa category for foreign entrepreneurs and investors. Through the EB-5 program, a foreign national can obtain lawful permanent resident (LPR) status in the United States for himself / herself, a spouse and unmarried children under age 21, in return for making a qualified investment in a U.S. enterprise. Key requirements of the EB-5 program are:
• The applicant must invest a minimum of either USD$1,000,000 or USD$500,000 in a commercial enterprise.
• The minimum investment is USD$500,000 for investments that are located in a Targeted Employment Area, or TEA, which refers to certain areas that have experienced high unemployment, as well as certain rural areas.
• The investment funds must be at risk in job creating activity in or through a "new commercial enterprise".
• The investment results in the creation or preservation of ten (10) full-time (at least 35 hours per week) jobs for U.S. workers, over a two year period.
Traditional EB-5 investments require that the investor demonstrate that the required 10 full-time jobs were created directly by the commercial enterprise in which the investment was made. In contrast, EB-5 investments made through a Designated Regional Center, such as the MMRC, receive credit for jobs created both directly and indirectly, which benefits the applicant by reducing the risk associated with job creation. About 90% of all EB-5 investments are made through a Designated Regional Center.