EB-5 Regional Center
EB-5 Regional Center
- Categories:
- Investors
The Immigrant Investor Program, also known as “EB-5”, is a job creation visa program. The program was created in 1990 by Congress and is administered by U.S. Citizenship and Immigration Services (USCIS). The purpose of an EB-5 regional center is to stimulate economic development, create jobs, and improve regional productivity through direct foreign investment, while providing eligible foreign investors an opportunity to become permanent U.S. residents.
The North Dakota/ Minnesota EB-5 Regional Center was approved by the USCIS in 2011—making it the first regional center to operate in either state. Today we remain one of the only non-profit regional center in America. The North Dakota/ Minnesota EB-5 Regional Center impact to date*:
• To date $80M in EB-5 investments have been committed to projects in North Dakota.
• Regional job creation is 2650 jobs from the two closed EB-5 projects that the North Dakota/ Minnesota EB-5 Regional Center has facilitated.