EB-5 industry trade group provides unprecedented amount of information to stakeholders and public
Washington, D.C. (PRWEB) February 25, 2016
Invest in the USA (IIUSA), the national not-for-profit industry trade association for the EB-5 Regional Center Program (the “Program”), recently redesigned and launched its website at IIUSA.org. The new website offers streamlined access to EB-5 industry information, data, advocacy tools, best practices, and events.
“Our redesigned website contains a wealth of important information for IIUSA members, EB-5 stakeholders and the public at-large, “said IIUSA Director Peter D. Joseph. “As the trade association of the EB-5 Regional Center industry, we are proud to provide such a comprehensive and user-friendly web experience to demonstrate the Program’s profound impact on the U.S. economy – creating American jobs at no cost to the U.S. taxpayer.”
Under EB-5, a program created by Congress with broad bipartisan support, foreign nationals who invest at least $500,000 or $1,000,000 in approved U.S. businesses are eligible for permanent residency if the U.S. government confirms that their investment created or sustained at least 10 American jobs within two years of the investment.
Since 2008, EB-5 has generated $13 billion in foreign direct investment. From 2010-2013, the Program contributed $9.62 billion to gross domestic product while supporting an average of 29,300 jobs per year. More than 40,000 jobs were supported through EB-5 in 2012 and 2013 alone.
The redesigned website includes new interactive content including a historical timeline of the EB-5 Program, GIS maps illustrating local economic impacts and investor origin, media coverage archive and grassroots advocacy tools to enable users send letters quickly and easily to members of Congress in support of EB-5 reauthorization.
Founded in 2005, IIUSA is the national not-for-profit trade association for the EB-5 Regional Center industry with a mission of advocacy, education, industry development, and research. The organization represents more than 290 Regional Centers and 230 associated members, collectively representing big and small projects, urban and rural economic development, and industry sectors ranging from real estate and manufacturing to energy and infrastructure. IIUSA’s members are engines of economic growth and job creation, accounting for over 95 percent of capital flowing through the Program.