EB-5 visa program reform

EB-5 visa program reform

EB-5 Visa, EB5 Visa, EB5 Investments

The Nov. 16 editorial about the EB-5 visa program, “Visas for Sale,” is unfortunate for its misunderstanding of how this program works and who benefits from it and for its narrow view, missing the promising path for Pittsburgh as the EB-5 industry matures.

In reality, investors receive a “conditional green card” only after careful screening; that same in-depth review of the project and the investor is repeated two years after conditional status is granted to ensure continued visa eligibility.

At a time when inefficiencies in EB-5’s administration have caused overwhelming processing delays resulting in more than 10-year waits for some families, there’s also no risk of anyone jumping to the front of the immigration line through this program.

Pennsylvania’s 85 regional centers represent a great source of foreign direct investment for the state. Nearly $50 million in EB-5 capital flooded into the Pittsburgh regional center between 2010 and 2015, often filling gaps when federal funding and traditional investment streams are otherwise impossible to secure, as it did for the Pennsylvania Turnpike Commission to connect the turnpike to I-95.

The few bad actors who have abused EB-5 should not stand in the way of its promise. The EB-5 Investment Coalition, including support from the U.S. Chamber of Commerce, has long argued for legislative reform to include integrity measures to combat fraud and safeguard national security.

There is enormous potential for EB-5 to provide capital that can transform communities like Pittsburgh. Real reform of EB-5 is possible; we should not throw that opportunity away.




  • New York
  • Pennsylvania

Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.