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Regional Community and Economic Development Forum The EB-5 Immigrant Investor Program

Date:
Friday, October 9, 2015 - 8:30am - 11:00am Location:
DVRPC, 190 N. Independence Mall West, 8th Floor, Philadelphia, PA 19106
United States
See map: Google Maps
Website:
http://www.dvrpc.org The program will focus on the U.S. Citizenship and Immigration Services’ EB-5 Immigrant Investor Program, and will include an overview of the program and a discussion of how it has been used to fund various projects in Greater Philadelphia.
This RCEDF is one of several events that will be held across the region as a part of Global Philly 2015. There is no charge for the event, but for planning and logistics purposes please RSVP by emailing [email protected] no later than Wednesday, October 7th if you are planning to attend.
The Immigrant Investor Program, also known as the EB-5 Visa Program, was created by Congress in 1990 to help stimulate the economy through job creation and capital investment by foreign investors. The EB-5 program establishes a path to permanent residency for up to 10,000 immigrants annually (plus their immediate family members) who invest a minimum of $500,000 in an existing or new business in the United States and create or preserve at least 10 jobs.
Between 2005 and 2014, the program accounted for over $9 billion in capital investment and supported over 181,000 jobs nationally, and its popularity and use have increased exponentially in recent years.
Learn how EB-5 funding is being used in the Greater Philadelphia region to help finance infrastructure, support real estate development, and create jobs.