President Obama recently signed a bill to extend the EB-5 regional center investment program, which was set to expire at the end of September this year. The regional center investment program allows individuals to invest $500,000 in a program that has been approved by U.S. Citizenship and Immigration Services, and use that investment as the basis for a permanent residence application. The regional center program obviates the need for investors to create their own business enterprise that directly creates 10 jobs for American workers, and instead allows them to meet the requirements by investing in an ongoing enterprise and indirectly creating 10 jobs for American workers.
