The EB-5 program is a U.S. government program that allows foreign investors to obtain a green card by investing in a commercial enterprise in the United States that will create or preserve at least 10 full-time jobs for U.S. workers. The EB-5 program is administered by the U.S. Citizenship and Immigration Services (USCIS).
An EB-5 investment must be at least $800,000 unless it is made in a Targeted Employment Area (TEA). A TEA is an area that has been designated by the U.S. government as having high unemployment or low economic growth. In a TEA, the EB-5 investment minimum is lowered to $800,000, but if the investor invests in a non-TEA, the minimum investment is $1.05 million.
A TEA can be a rural area or an area that has experienced high unemployment of at least 150% of the national average rate. The designation of a TEA is done by the State government or the U.S. government. The EB-5 program is a way for foreign investors to obtain a green card, but also to provide funding for projects that would generate jobs and economic growth in high-unemployment or rural areas of the U.S.