The EB-5 visa program is an investment-based immigrant visa available to people across the globe. Since its inception, the EB-5 visa program has brought over $15 billion in low-cost financing and investments into the United States for projects involving airports, apartment and office towers, infrastructure, housing and industrial park developments, and more. The program allows foreign individuals to invest either $500,000 or $1,000,000, depending on the location of the development. Funds are pooled together from various investors through regional centers, which then lend the pooled money to selected projects. For each investor, 10 direct and/or indirect jobs must be created. In exchange, the investor and the investor’s spouse and unmarried children under age 21 are able to secure Lawful Permanent Residence.
Kushner’s companies–like hundreds across the United States–have raised tens of millions of dollars for projects in New Jersey and New York.
Please contact Ray Lahoud if you have any questions about the EB-5 Program or other immigration law needs at rglahoud@nmmlaw.com.