The USCIS controls and regulates the EB-5 visa program. As part of the EB-5 visa program, entrepreneurs, including and their spouses and unmarried children less than twenty one years of age, are eligible to apply for permanent residency in USA, which is commonly known as a “Green card”. Entrepreneurs can qualify only if they make the required amount of investment in a commercial business venture in the United States; and also plan to generate or retain 10 permanent full-time jobs for qualified workers in USA. This visa program is known as EB-5 which stands for the name ‘employment based fifth preference’. It was first created in 1990 to boost the economic growth of USA through job creation and capital investment by foreign businessmen.
In 1992, the Immigrant Investor Program also known as the Regional Center Program was first formed. This sets aside EB-5 visas for those participants who plan to invest in commercial ventures which are USCIS approved EB-5 Regional Center Projects.
The Regional Centres which are approved by the USCIS form a long list, out of which Golden Opportunity Regional Center is also one. Golden Opportunity Regional Center provides immigration services to USA. It was certified and approved on 19th September 2014. Currently this regional centre is approved for Los Angeles, Riverside, San Bernardino, Ventura, San Diego and some other counties of California. USCIS approved EB-5 Regional Center Projects focus mainly on promoting economic growth in USA by Buildings construction (NAICS – 236), nursing and residential care facilities (NAICS – 623) and hotels construction which does not include casino hotels, and motels (NAICS – 72111). The most unique thing about Golden Opportunity Regional Center is that with their help foreign investors can apply for permanent residency or Green Card for an investment amount of 3.5 crore INR with guarantee of best infrastructure and best quality construction.
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