Rural US EB-5 project in California for investors under the immigrant visa program
In its current form, the US EB-5 (green card for investors) program was restarted after a technical pause in 2022. When the United States Congress finally voted on a bill in March 2022 in favor of this mechanism to attract foreign capital. According to the amendments, the minimum investment amount is $800,000 (USD) for projects in a qualified area with high unemployment or rural areas, or for infrastructure projects. It is precisely in projects with the “Rural” characteristict that we will talk about in more detail.
The EB-5 Regional Center Program’s big revival has been announced
The new minimum investment level for the EB-5 program will be $1.05 million, which will be reduced to $800,000 if the project is located in a qualified area with high unemployment or in a rural area or is an infrastructure project.
EB-5 visa program is on a technical pause from July 1, 2021
Why do investors choose an EB-5 program? Because a visa like EB-5 is immigration. That is, subject to other conditions, you can ultimately obtain US citizenship.