EB-5 Investment Coalition Resources
The EB-5IC team closely monitors, analyzes and responds to the various legislative and regulatory issues impacting the EB-5 Regional Center Program. To help our members stay up to date and informed on the latest industry developments, we provide a range of resources and materials including legislative texts and summaries, Dear Colleague letters, fact sheets and other relevant background papers and documents.
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Full Text of H.R. 4530
Full text of H.R. 4530, a bill to implement integrity measures to strengthen the EB–5 Regional Center Program in order to promote and reform foreign capital investment and job creation in American communities. February 15, 2016
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Bill Comparison Chart
A full comparison of S. 1501, H.R. 616, H.R. 3370, S. 2122, S. 2115, and the SKILLS Act. October 5, 2015
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Full text of S. 1501, American Job Creation and Investment Promotion Reform Act of 2015
Full text of bipartisan legislation introduced in the Senate by Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) and Senate Judiciary Committee Ranking Member Patrick Leahy (D-Vermont) to extend the EB-5 Regional Center Program for five years and add measures to improve the program’s integrity. June 3, 2015
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S. 1501: American Job Creation and Investment Promotion Reform Act of 2015, Section-by-Section Analysis
Section by section analysis of bipartisan legislation introduced in the Senate by Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) and Senate Judiciary Committee Ranking Member Patrick Leahy (D-Vermont) to extend the EB-5 Regional Center Program for five years and add measures to improve the program’s integrity. June 25, 2015
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Full text of H.R. 616, the American Entrepreneurship and Investment Act of 2015
Full text of bipartisan legislation introduced in the House of Representatives by Congressmen Mark Amodei (R-NV) and Jared Polis (D-CO) to strengthen and reform the EB-5 program. January 28, 2015
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Summary of H.R. 616, the American Entrepreneurship and Investment Act of 2015
Summary of bipartisan legislation introduced in the House of Representatives by Congressmen Mark Amodei (R-NV) and Jared Polis (D-CO) to strengthen and reform the EB-5 program. January 28, 2015
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Letter to Congress: Reform and Reauthorize the EB-5 Regional Center Program
Letter sent to Judiciary Committee Chairmen and Ranking Members. May 17, 2019
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Joint Industry Extension Letter
Letter sent to Lori S. MacKenzie of the Immigrant Investor Program. March 17, 2017
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Prepared Statement by Senator Chuck Grassley
Hearing on The Department of Homeland Security’s Proposed Regulations Reforming the Investor Visa Program. March 8, 2016
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Statement Of Senator Patrick Leahy
At House Judiciary Committee Hearing On The Department Of Homeland Security’s
Proposed Regulations Reforming The Investor Visa Program. March 8, 2016
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Testimony of Rebecca Gambler
The Department of Homeland Security’s Proposed Regulations Reforming the Investor Visa Program. March 8, 2016
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Testimony of Mr. Sam Walls III
The Department of Homeland Security’s Proposed Regulations Reforming the Investor Visa Program. March 8, 2016
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Written Testimony of Angelique Brunner
The Department of Homeland Security’s Proposed Regulations Reforming the Investor Visa Program. March 8, 2016
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Testimony of Dekonti Mends-Cole
Hearing on proposed “EB-5 Immigrant Investor Program Modernization” regulations. March 8, 2016
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Statement of David S. North
The Department of Homeland Security’s Proposed Regulations Reforming
The EB-5 (Immigrant Investor) Program. March 8, 2016
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Letter to Members of Congress from the EB-5 Industry
Letter sent to Members of Congress supporting the reauthorization and reform of the EB-5 Program. November 15, 2016
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Joint Industry Letter
Letter sent to the House Judiciary Committee. September 14, 2016
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Letter to Members of Congress from the EB-5 Industry (September 2016)
Letter sent to members of Congress from members of the EB-5 Industry recommending changes to the policy. September 9, 2016
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Letter to Members of Congress from the EB-5 Industry
Letter sent to members of Congress from members of the EB-5 Industry recommending changes to the policy. July 5, 2016
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Letter Supporting One-Year EB-5 Extension With “Integrity Measures”
Letter sent to Congressional leadership from Coalition members including the U.S. Conference of Mayors, the Real Estate Roundtable, and the U.S. Chamber of Commerce recommending a one-year extension of the EB-5 job creation program with “integrity measures.” November 19, 2015
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S. 1501’s TEA Proposal: The Economic Consequences Made Clear
Some maintain that urban and suburban areas unfairly benefit from foreign investment dollars pooled by EB-5 regional centers. Unfortunately, in an effort to “punish” the success of the program in major urban gateway markets, S.1501 risks significant economic downside for hundreds of mid-sized cities and suburbs across the country. October 26, 2015
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S. 1501’s TEA Proposal – Cities Impacted
Supplemental document to S. 1501’s TEA Proposal: The Economic Consequences Made ClearOctober 26, 2015
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Support Letter for S. 2115
Letter to United States Senator Jeff Flake showing support for S. 2115. October 1, 2015
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Letter to U.S. Representatives from U.S. Conference of Mayors
Letter to United States Representatives from the U.S. Conference of Mayors encouraging the continuation of the EB-5 program. September 24, 2015
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Letter to U.S. Senators from U.S. Conference of Mayors
Letter to United States Senators from the U.S. Conference of Mayors encouraging the continuation of the EB-5 program. September 24, 2015
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EB-5 Stakeholder Letter
Letter to Congressional Leaders, Judiciary Committee Chairmen and Ranking Members encouraging their continued efforts to find consensus on strengthening the EB-5 program, and, most critically, preventing its expiration on September 30, 2015. August 7, 2015
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Representative Lofgren Introduces EB-5 Related Bill
Representative Lofgren, Ranking Member of the House Judiciary Committee, Subcommittee on Immigration and Border Security, and Representative Gutiérrez introduced H.R.3370, the Entrepreneurial Business Creating Jobs Act of 2015 to permanently reauthorize and reform the EB-5 Regional Center Program. August 3, 2015
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Dear Colleague Letter from Congressmen Mark Amodei (R-NV) and Jared Polis (D-CO)
Letter urging their fellow House members to support their bipartisan bill, the American Entrepreneurship and Investment Act of 2015, H.R. 616. March 19, 2015
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Letter supporting H.R. 616, the American Entrepreneurship and Investment Act of 2015
Letter signed by a broad range of industry leaders including the American Gaming Association, the America Hotel and Lodging Association, the National Association of Homebuilders, the National Association of REALTORS and The Real Estate Roundtable. March 19, 2015
Letter supporting H.R. 4178, the American Entrepreneurship and Investment Act of 2014
Letter signed by a broad range of industry leaders including the American Gaming Association, the America Hotel and Lodging Association, the National Association of Homebuilders, the National Association of REALTORS and The Real Estate Roundtable. May 19, 2014
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What They’re Saying about EB-5
Prominent politicians & immigration leaders weigh in on the current state of the EB-5 Program. June 1, 2018
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EB-5 Regional Center Investments: Congress Must Act Before This Job Creation Program Expires on September 30
A letter to Congress from the EB-5 Investment Coalition on the importance of reauthorizing the EB-5 Regional Center program. September 16, 2015
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What They’re Saying: We Need EB-5 To Continue Putting Americans To Work
As we rapidly approach the expiration of the EB-5 Regional Center Program, a broad array of business leaders and elected officials are weighing in to stress the importance of reauthorizing this vital job-creating program, which has put Americans to work in all 50 states and across a broad range of industries. These are a few of those voices. September 2015
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EB-5 Program: Successes, Challenges, and Opportunities for States and Localities
This bipartisan report addresses the challenges and opportunities with continuing the EB-5 Program. September 2015
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Pending EB-5 Legislation Provides a Comprehensive Response to the GAO
In its report published on August 12, 2015, the Government Accountability Office (GAO) identified three areas for improvement and provided recommendations to U.S. Citizenship and Immigration Services (USCIS) in relation to its administration of the EB-5 Immigrant Investor Program. This article will examine the way in which three pending bills in Congress address the GAO’s recommendations. August 2015
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GAO Report: “Additional Actions Needed to Better Assess Fraud Risks and Report Economic Benefits”
This report addresses several challenges related to the EB-5 program that have been highlighted in recent years, and which are addressed in legislation currently pending in Congress. August 2015
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NACo Adopts Resolution Supporting Permanent Authorization of the EB-5 Program
This report features a proposed resolution in support of permanent authorization for the EB-5 Regional Center Program. July 2015
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Modernizing & Streamlining our Legal Immigration System for the 21st Century
The White House has just released a new Report titled “Modernizing & Streamlining our Legal Immigration System for the 21st Century,” which builds on the President’s executive actions of November 21, 2014. This report provides for plans to improve the immigration system to modernize and streamline the processes for certain visa categories and to address security issues. The Report also calls for plans to strengthen the United States’ humanitarian system by providing benefits for certain individuals. July 2015
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The 83rd U.S. Conference of Mayors in San Francisco Adopts EB-5 Related Resolution
The United States Conference of Mayors conference hosted their 83rd Annual Meeting on June 19-22, 2015 in San Francisco, California. The EB-5 immigration investor program was included in the adopted resolutions of the organization as listed in this report. July 2015
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EB-5 Impact Report
Impact investing holds significant promise for directing more resources to America’s distressed urban core. The purpose of this report is to stimulate a new dialogue by offering insights into the potential of the EB-5 program as a tool for impact investing in inner cities. June 2015
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Harnessing Private Capital For Job Creation: An Analysis Of The EB-5 Program
This U.S. Policy Metrics/Hamilton Place Strategies report highlights the EB-5 program’s impact as a net job creator and budget-neutral catalyst for efficiently bringing private investment into the U.S. at a time when other policy channels have fallen short. June 2015
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Worldwide Foreign Investment Programs
While the United States must maintain the edge to attract resources to spur jobs and economic development on our shores, the nations outlined in this report are also competing in the market for foreign investment capital. June 2015
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EB-5 Reform Fact Sheet
This fact sheet outlines the reforms endorsed by the EB-5 Investment Coalition towards creating a stronger, more effective EB-5 program. May 2015
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EB-5IC Fact Sheet
This fact sheet includes state-specific anecdotes and statistics illustrating the economic impact of the EB-5 program in communities across the country. April 2015
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Debunking Myths about the EB-5 Program
This fact sheet debunks some of the most common misconceptions about the EB-5 Regional Center program. March 13, 2015
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The U.S. Immigrant Investor Program: New American Investors Making a Difference in the Economy
This report by the American Immigration Council examines the EB-5 program’s impact on economic growth. September 2014
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Improving the EB-5 Investor Visa Program: International Financing for U.S. Regional Economic Development
This report by the Brookings-Rockefeller Project on State and Metropolitan Innovation looks at the job creation effects of the EB-5 program and discusses potential policy efforts for strengthening it further. February 2014
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EB-5 Visa Procurement Flowchart
This flowchart lays out the path to citizenship through investment in an EB-5 Regional Center. June 2013