EB-5 AND PRESIDENT TRUMP'S JUNE 22ND EXECUTIVE ORDER SUSPENDING OTHER IMMIGRATION VISAS UNTIL THE END OF 2020
The President has taken unprecedented action to block issuance of new business visas, long relied upon by foreign corporations and individuals doing business in the United States. The ban includes employment-based immigrant visas, L-1 transfers for managers and executives and H-1Bs, among other categories. The details are many and complex.
However, one thing is crystal clear. This Administration will not block and will actually favor visas for foreign investors who create jobs for Americans. The EB-5 Green Card Program does that. To learn more about how you can apply and how the EB-5 can help you and your family emigrate to the United States by making an investment in a qualifying real estate or other development project, please watch our One Minute Briefing on EB-5 Basics. For many, the EB-5 is now the best choice for an investor, his or her spouse, and their children to permanently reside in the United States.
Eliot Norman, Esq.