EB5 Immigrant Investor Visa Program Job Creation

The EB-5 immigrant investor visa has quickly become one of the most positive and popular visa programs the United States has ever conceived.Since its creation as part of the Immigration Act of 1990, the visa has risen from obscurity to become a darling of pro-immigration discourse.Responsible for the creation of thousands of full-time jobs for American workers and the influx of well over a billion dollars into the United States economy, the reasons for its popularity are quite clear.Despite this popularity, there exists some confusion about the details of the Eb5 Green Card.In this article we will examine one of the lesser understood facets of the EB-5 investor program, the availability to invest in government certified Regional Centers.Regional Centers provide a viable and attractive option for investors looking to take part in the Eb5 Investor Visa program.These centers provide the investor with an increased chance at successfully fulfilling the requirements of the program and obtaining a Green Card Visa by allowing for both direct and indirect job creation.A Regional Center is described by the governments website as any economic unit, public or private, which is involved with the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment.The organizers of a Regional Center seeking the Regional Center designation from USCIS must submit a proposal showing:1)       How the Regional Center plans to focus on a geographical region within the U.S., and must explain how the Regional Center will achieve the required economic growth within this regional area 2)       That the Regional Centers business plan can be relied upon as a viable business model grounded in reasonable and credible estimates and assumptions for market conditions, project costs, and activity timelines 3)       How in verifiable detail (using economic models in some instances) jobs will be created directly or indirectly through capital investments made in accordance with the Regional Centers business plan  4)       The amount and source of capital committed to the project and the promotional efforts made and planned for the business project. As noted above, Regional Center investments allow for both the direct and indirect creation of jobs for satisfying the job creation portion of the visa.Those terms are described as follows: Direct Job Creation These are those jobs that establish an employer-employee relationship between the newly established commercial enterprise and the persons that they employ.Indirect Job Creation These are the jobs held by persons who work outside the newly established commercial enterprise.For example, indirect jobs include employees of the producers of materials, equipment, and services that are used by the commercial enterprise.There is also a sub-set of indirect jobs that are calculated using economic models that are known as induced jobs.Induced jobs are those jobs created when direct and indirect employees go out and spend their increased incomes on consumer goods and services.We see that properly structured investments in a government certified EB-5 Regional Center offer the advantage of having more flexibility and a greater likelihood for satisfying the job creation requirements of the visa.