Aaron Grau, Executive Director of Invest In the USA (IIUSA), the national not-for-profit industry trade association for the EB-5 Regional Center Industry, issued the following statement in response to the launch of the Trump Card website:
“IIUSA applauds President Trump’s continued focus on investment-based immigration, which has a long record of success.
For over 35 years, the EB-5 Immigrant Investor Program has delivered billions in foreign direct investment and created millions of American jobs — all at no cost to taxpayers. A recent IIUSA economic impact study found that from 2016 to 2019 alone, the program generated $184 billion in economic activity and supported 7 million jobs across the country. The EB-5 Visa is a proven model demonstrating how immigration policy can strengthen the U.S. economy.
We appreciate the leadership of President Trump and Secretary Lutnick on this important issue and look forward to continued engagement with the Trump Administration and Congress to enhance the Gold Card’s effectiveness and value to the U.S. economy.”
NOTE: Other key highlights from IIUSA’s new economic impact study on the EB-5 Immigrant Investor Program include:
- $75 billion in total project investment generated from 2016 to 2019
- 7 million U.S. jobs created or supported during that period
- $184 billion added to U.S. GDP
- $14.5 billion in federal, state, and local tax revenues
- Average wage of $74,000 for EB-5-supported jobs—48% higher than national private sector average
IIUSA’s press release on the report can be read here, and the full study is here.
