Karuna Chandani Simbeck

February 13, 2018 | The Legal Intelligencer

The EB-5 program was implemented in 1990 as a program to provide legal permanent residence status to investors who invest $500,000 or $1 million (depending on the geographical area) in a business that creates employment for 10 full-time U.S. citizen or permanent resident employees.

By Karuna Chandani Simbeck

6 minute read

August 19, 2015 | The Legal Intelligencer

Congress created the Immigrant Investor Program, more commonly known as EB-5, in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. At the time, the program granted U.S. permanent resident status only to immigrant investors who directly invested in and managed job-creating commercial enterprises. With the enactment of the regional center pilot program in 1992, foreign investors can also invest through EB-5 regional centers, which allow investors to create jobs both directly in the business they start, and also indirectly through the economic effect of their investments.

By Karuna Chandani-Simbeck

8 minute read

August 18, 2015 | The Legal Intelligencer

Congress created the Immigrant Investor Program, more commonly known as EB-5, in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. At the time, the program granted U.S. permanent resident status only to immigrant investors who directly invested in and managed job-creating commercial enterprises. With the enactment of the regional center pilot program in 1992, foreign investors can also invest through EB-5 regional centers, which allow investors to create jobs both directly in the business they start, and also indirectly through the economic effect of their investments.

By Karuna Chandani-Simbeck

8 minute read