Attorney Williams writes OpED on EB-5 Program, which was published by the Hill
March 7, 2019
Simone Williams moderated an International Trade and Business panel in Dakar, Senegal
July 4, 2018
Simone to appear on RealTalk with Dr. David Anderson on May 28th!
May 13, 2019
Benefits of the EB-5 Program Published by Department of Commerce
March 3, 2017
In January 2017, the Economics and Statistics Administration (“ESA”) of the U.S. Department of Commerce published a study to examine the EB-5 Immigrant Investor Program. The study assesed the economic impact of the EB-5 program on the U.S. economy in terms of capital invested and amount of jobs created.
Using the data from the FY2012 and FY2013 such as the number of EB-5 investors, amount of investment and job creation, the ESA determined the following:
562 EB-5 related projects were active in FY2012 and FY 2013;
Over 11,000 immigrant investors invested $5.8 billion in new commercial enterprises associated with projects in 25 states and the District of Columbia;
EB-5 immigrant investors provided $16.7 billion, which is roughly 35% of the total investment;
The projects were expected to create an estimated 174,039 jobs;
98% of the EB-5 investments were spent through the Regional Center Program (with USD 500,000 minimum investment amount required).