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Washington, D.C. - October 13, 2011

Continuing the recent flow of good news surrounding the EB-5 program, Presdient Barack Obama's Jobs Council mentions efforts to 'improve and leverage' the EB-5 immigrant investor visa program as part of his initiative to create jobs across the United States.  Published by the President's Council on Jobs and Competitiveness, the report outlines ways in which the U.S. government can take action to bolster the economy and spur job creation within the United States.

The portion of the report that specifically talks about the EB5 program can be seen below:

"The Administration is working to improve and leverage the EB-5 immigrant investor visa program, another Council recommendation.  DHS' Citizen and Immigration Services (USCIS) is enhancing the program by creating specialized review teams with business expertise, engaging re-engineering experts to streamline the process, launching a premium processing service and evaluating additional options for maximizing the program's potential."

The report goes on to talk about serious efforts to promote foreign direct investment in the United States and other job creating initiatives that affect both foreign and domestic policy.

A full-text PDF of the Council's report can be found here:  http://files.jobs-council.com/jobscouncil/files/2011/10/JobsCouncil_InterimReport_Oct11.pdf

Published in GCF News