EB-5 Immigrant Investor Leahy Bill Approved by Senate

Digital Journal
August 7, 2012

The EB-5 Visa program has already created literally thousands of jobs across the United States since the program inception in 1993. The newly passed “Leahy Bill” insures its continuation.

Last week, the United States Senate approved the “Leahy Bill” which continued the U.S. Immigration’s EB-5 Visa Program providing a means for foreign investors to legally obtain a United States Green Card by investing in a U.S. business that creates at least 10 jobs for U.S. citizens.

The EB-5 Visa program has already created literally thousands of jobs across the United States since the program inception in 1993. The newly passed legislation was authorized by Vermont Senator Patrick Leahy and provides a three year extension to the EB-5 program which was to expire at the end of September.

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New American Economy is a bipartisan research and advocacy organization fighting for smart federal, state, and local immigration policies that help grow our economy and create jobs for all Americans. More…