Congress created the EB-5 program in 1990 to benefit the U.S. economy by attracting investments from qualified foreign investors. Under the program, each investor is required to demonstrate that at least 10 new jobs were created or saved as a result of the EB-5 investment, which must be a minimum of $1 million, or $500,000 if the funds are invested in certain high-unemployment or rural areas.

Since the 2008 economic crisis, access to capital has been constricted and municipal budgets continue to face significant shortfalls. EB-5 investments have filled the funding gap, providing a new, vital source of capital for local economic development projects that revitalize communities, create and support jobs, infrastructure and services.

We invite you to scroll through the historical timeline, which contains links to original documents to explore the various events, government-issued memoranda and rulings that have shaped how the EB-5 Program is administered today.

Alternatively, using the links below you can view EB-5 historical events by year.

2008 & Before

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