EB-5 regional center in Massachusetts aims to develop investment opportunities for foreigners
EB-5 Jobs for Massachusetts, Inc., an EB-5 regional center that covers the entire state, works to benefit foreign nationals and the local economy by creating low-risk investment opportunities for foreigners seeking U.S. green card eligibility.
Through the EB-5 visa program, foreigners can obtain such eligibility by making an investment of $1 million (or $500,000 in some areas) in an American project or company that either creates or maintains at least 10 full-time jobs.
According to the U.S. Citizenship and Immigration Services (USCIS), an EB-5 regional center is designed to assist this process, as it is defined as "any economic unit, public or private, which is involved with the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment."
The EB-5 regional center in Massachusetts specializes in a variety of industries, including mixed-use real estate, health services, technological development, manufacturing and hospitality, according to its website.
The EB-5 regional center in Massachusetts is one of more than 135 such centers across the U.S., according to the USCIS.