What’s right with EB-5

To close a week of complaining about what’s wrong with the EB-5 program, I’d like to conclude with pointing out that the EB-5 program has been functioning, despite the challenges.  Even in 2012, when many of the processing problems that we complain about came to a head, USCIS still approved 3,677 new EB-5 immigrant petitions and verified successful job creation and granted permanent residence to 736 investors. (See my FY2012 stats post for detail.)  Those numbers represent half a million to a million dollars per investor going into US businesses and 10+ verified jobs created per investor. Those numbers are not small, despite all the problems. You’ll recall that the US Department of State issued a record total of 7,641 EB-5 visas to investors and their families in FY2012, prompting fears that EB-5 visa usage might approach its limit for the first time ever. Plenty of complaints are possible, yet the numbers demonstrate that there are still businesses successfully raising funds and creating jobs, and there are still investors successfully navigating the immigration process. The media has jumped on reports of problems and abuses, but it has also featured many positive stories about the EB-5 program. Celebrate Friday by going over to the IIUSA blog and reading the linked news stories from major media outlets profiling some of the businesses (and investors) who report that they have used and benefited from the EB-5 program. You can sober up on Monday with the Feb 2013 Newsletter from EB5Info.com, which includes excellent articles on what’s working and not in the world of EB-5.

About Suzanne (www.lucidtext.com)
Suzanne Lazicki is a business plan writer, EB-5 expert, and founder of Lucid Professional Writing.

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