The media is still full of EB-5 stories, but many reports struggle to explain EB-5. Are we selling citizenship? Is this a cash-for-visas program? Why would a luxury project by celebrity New York developers get to benefit from immigrant investment?
Strictly speaking, EB-5 is not a visa-for-cash program but a visa-for-employment program. The “EB” in EB-5 stands for Employment Based. While some countries do sell citizenship, Congress took care to set up the US program differently.
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