Benefits of the EB-5 Program Published by Department of Commerce
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).
To read the full report, please follow the link to the Department of Commerce.
