On May 15, 2018, USCIS revised its guidance on immigrant investor (EB-5) cases involving tenant occupancy models used for real estate development.
The EB-5 immigrant investor program began in 1990 as an initiative for immigrant entrepreneurs to invest into business in the United States. The EB-5 remains as a pathway for permanent residency for foreign investors and entrepreneurs.
USCIS administers the immigration program by facilitating permanent residency in the United States for entrepreneurs, as well as their spouses and unmarried children under the age of 21.
The Organisation for Economic Co-operation and Development (OECD), recently reported data showing a pick up in entrepreneurial activity on a global scale.
The fact that we have more innovation and business creation in the world cannot be ignored. So, what does entrepreneurship mean for the U.S. economy? It widely means economic growth, job creation, and global competitiveness.