The EB-5 Economic Impact Map (below) demonstrates economic impacts generated by EB-5 investments at the state and Congressional district levels from FY2010 to FY2013.

Data Source: Peer-Reviewed EB-5 Economic Impacts Studies

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Economic Impact and Contribution of the EB-5 Immigration Program 2013

In fiscal year (FY) 2013, the EB-5 Regional Center Program (“the Program”) contributed $2.0 billion in foreign direct investment (FDI) to various projects throughout the U.S. that promote regional economic development. In addition, the Program contributed $3.58 billion to U.S. GDP and supported over 41,000 jobs at no cost to the public purse.

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Economic Impact of the EB-5 Immigration Program 2012

During 2012, spending by EB-5 investors also contributed $447 million to federal tax revenues and $265 million to state and local tax revenues. This is more than a 2-fold increase from the average annual impact result reported in 2011.

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Economic Impact of the EB-5 Immigration Program 2010-2011

This is the first peer-reviewed economic impact report commissioned by IIUSA based on comprehensive government data including I-526 and I-829 approval and denial statistics for each Regional Center in the country and subsequent analysis of I-924A filings. The analysis articulates that spending associated with EB-5 investors contributed $2.65 billion to U.S. GDP and supported over 33,000 U.S. jobs during 2010-2011

Click the “View” button below to download the full EB-5 economic impact report for 2010-2011.

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Methodology

The economic impact studies use a comprehensive dataset of EB-5 investor petitions and EB-5 Regional Center investments along with well-established economic modeling methods to determine overall positive impacts on GDP and job growth as well as federal, state, and local tax revenue from EB-5 investments, household spending by immigrant investors, and other EB-5 related spending. Economic benefits are measured by state, congressional district, and by impacted industry sector.

The study was conducted by David Kay of Alward Institute for Collaborative Science and peer-reviewed by Professors Eric Thompson and Hart Hodges, Past Presidents of Association for University Business Economic Research (AUBER).

These are three economic impact reports commissioned by IIUSA based on comprehensive government data including I-526 and I-829 approval and denial statistics for each Regional Center in the country and subsequent analysis of I-924A filings to track the impacts down to both geography and industry sector.

A breakdown of the physical location of the investments in “new commercial enterprises” and “job creating enterprises” that Regional Centers fund throughout the year, along with North American Industry Classification System (NAICS) codes to track industry sector impacts adds further context to the data.