In February 2016, a House committee heard testimony on needed improvements to the EB-5 immigrant investor program. Rebecca Gambler, a Director of the U.S. Government Accountability Office’s (GAO) Homeland Security and Justice Team, testified before the U.S. House of Representative’s Committee on the Judiciary on actions which USCIS has taken and plans it has to take to improve the assessment of fraud risks in the EB-5 visa program.<\/p>\n
The Employment-Based Fifth Preference Immigrant Investor Program, known as the EB-5 program, and administered by the Department of Homeland Security’s (DHS) U.S. Citizenship and Immigration Services (USCIS), permits immigrant investors who meet certain requirements to obtain lawful permanent resident status in the United States. To be eligible, an immigrant entrepreneur can directly invest $1 million in a business that will create 10 or more jobs, or invest half that amount in an area that is rural or has high unemployment while creating 10 or (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" In February 2016, a House committee heard testimony on needed improvements to the EB-5 immigrant investor program. Rebecca Gambler, a Director of the U.S. Government Accountability Office’s (GAO) Homeland Security and Justice Team, testified before the U.S. House of Representative’s…<\/span><\/p>\n