Good morning, dear reader, today we discuss the existing immigration EB-5 Investor program and the impending Trump Gold Card.

What is the EB-5 progam, Big Red Car?

The EB-5 Immigrant Investor Program (administered by the USCIS — US Citizenship and Immigration Service) was created in 1990 as a pathway for investors to attain a green card as a result of an investment in the United States that created at least 10 new jobs.

Since the inception of the program, it appears:

 1. that as many as 240,000 visas (including the families of the foreign immigrant investor) have been granted;

 2. that more than $50B has been invested;

 3. that the US Treasury has generated approximately $20B in tax revenue; and,

 4. that 1.0MM jobs have been created as a direct result of the investment.

The jobs are estimated using the formula of “direct jobs” X 1.5 indirect jobs to arrive at the final tally. Seems a bit tenuous to Big Red Cars. Continue reading →