San Francisco Lawyer Explains How EB-5 Visa Program Helps US Economy

Chinese banks invested more than $1 billion in real estate loans in the United States in 2011, with a particular focus on New York City. The Chinese government is looking to diversify foreign-exchange holdings and has been investing in several countries. However, in the United States, the EB-5 visa program has been particularly advantageous; US companies arrange for loans from Chinese investors for commercial and residential properties, including hotels.

San Francisco green card lawyer explains how the EB-5 visa program is helping the dire US economy.

When the United States’ credit markets are in tough financial condition, this impacts the state of the national economy, including hotel financing and developing. Regional centers link developers with foreign investors, which is important during these difficult economic times. Currently, in 2011, there are 191 regional centers, while in 2007 there were only 11. The EB-5 visa program has helped the country’s economy by:

• Acquiring capital funding
• Creating new jobs
• Bringing in highly-skilled and specialized immigrants into the country for employment

Further, as a benefit for Chinese investors and their families who come to the United States through an EB-5 visa, once they become legal residents, the children can attend private high schools and universities in the United States while paying significantly less tuition than when entering as a foreign student. Contact a San Francisco attorney for green card assistance if you are looking to become a legal resident.

The EB-5 visa program is a quick way for wealthy individuals to immigrate to the United States. If you are an individual or a corporation and have questions about the EB-5 visa program, contact an experienced San Francisco green card attorney at the Law Offices of Vaughan de Kirby. Read our complimentary guide, The Investor’s Path to a Green Card, available through our website, and call our law office today at (415) 221-2345.