Invest in USA Act of 2007 - OpenCongress Wiki
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Invest in USA Act of 2007
View Invest in USA Act of 2007 on OpenCongress.org
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The Invest in USA Act of 2007 (H.R.4890) was a bill in the 110th Congress "to modify the EB-5 regional center program." (Official title.)[1]
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Of the 10,000 investor visas (i.e., EB-5 visas) available annually, 5,000 are set aside for those who apply under a pilot program involving an CIS-designated “Regional Center.” [2]
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Contents |
Current status
| H.R.4890 (110th Congress) - Invest in USA Act of 2007 | Status: Introduced |
To modify the EB-5 regional center program.
Sponsor: Sen. Jeff Flake [R, AZ]Committees: House Judiciary, House Judiciary - Crime, Terrorism, and Homeland Security
A "Regional Center:"
- Is an entity, organization or agency that has been approved as such by the Service;[3]
- Focuses on a specific geographic area within the United States; and ,[4]
- Seeks to promote economic growth through increased export sales, improved regional productivity, creation of new jobs, and increased domestic capital investment.[5]
- Amends the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 to: (1) make the alien investor (E-B5) regional center program permanent; and (2) establish a $2,500 regional center designation fee. [6]
- Amends the Immigration and Nationality Act to: (1) establish a $2,000 E-B5 premium processing fee; (2) permit concurrent filing for E-B5 petitions and status adjustment applications; and (3) establish in the Treasury the Immigrant Entrepreneur Regional Account Center.[6]
Key votes
Articles and resources
See also
References
- ↑ OpenCongress’ info page on Invest in USA Act of 2007 (H.R.4890).
- ↑ U.S. Citizenship and Immigration Service's page on Immigration Through Investment.
- ↑ U.S. Citizenship and Immigration Service's page on Immigration Through Investment.
- ↑ U.S. Citizenship and Immigration Service's page on Immigration Through Investment.
- ↑ U.S. Citizenship and Immigration Service's page on Immigration Through Investment.
- ↑ 6.0 6.1 "Invest in USA Act of 2007"
