USCIS sees record number of EB-5 visa applications - New York News | NYC Breaking News

USCIS sees record number of EB-5 visa applications

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New changes to a popular visa among Mexican immigrants and the continuing violence in the country are resulting in record number applications for the program.

Some are calling it a visa for sale, but good for the economy.

U.S. Citizenship and Immigration Services' Immigrant Investor Program, also known as "EB-5," allows wealthy foreigners a chance to move their families to the United States, as long as they invest in a business that creates at least 10 new jobs here.

The cheapest option comes with a $500,000 price tag.

Online: http://1.usa.gov/U3nZfI

 

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