What is the EB-5 Visa Program?

The United States EB-5 Visa, Employment-Based Fifth Preference Category or EB-5 Immigrant Investor Visa Program, created in 1990 by the Immigration Act of 1990, provides a method for eligible Immigrant Investors to become lawful permanent residents - informally known as "green card" holders - by investing at least $1,000,000 to finance a business in the City of Seat Pleasant that will employ at least 10 American workers.

Most immigrant investors who use the EB-5 program can invest in a targeted employment area (TEA) such as the City of Seat Pleasant an area of high unemployment. The investment threshold has been lowered to $500,000. The EB-5 program is intended to encourage both "foreign investments and economic growth. The EB-5 program is intended to encourage both "foreign investments and economic growth.

The EB-5 Immigrant Investor Visa Program is one of five employment-based (EB) preference programs in the United States. Immigrant investors have the choice of investing individually in target areas such as City of Seat Pleasant or they can choose to work through a larger investor pool via regional centers. Regional centers are federally approved third-party intermediaries that "connect foreign investors with developers in need of funding, and channel these investment into target areas such as the City of Seat Pleasant.

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1. What is the General Income Tax Credit for hiring new employees?
2. What is the Large State Income Tax Credit for hiring economically disadvantaged employees?
3. What is the New Job Creation Tax Credit for hiring economically disadvantaged employees?
4. What is a Business Personal Property Tax Credit?
5. What are Real Estate Tax Credits for new construction?
6. What are Opportunity Zones Tax Deferrals or Abatements?
7. What is a New Market Tax Credit (NMTC) and how does the Tax Credit Work in the City of Seat Pleasant?
8. What is the purpose of Health Enterprise Zone (HEZ) Investment Initiative?
9. How does a Sustainable Community Designation receive funding?
10. What is a Qualified Opportunity Fund?
11. Does an investor need to live in Seat Pleasant to take advantage of the tax benefits of an Opportunity Zone?
12. Is the City of Seat Pleasant a qualified HUB Zone?
13. What are the guidelines for federal level tax incentives?
14. How do I apply for a business license?
15. What is the Economic Development Revolving Loan Fund (ED-RLF)?
16. What is the EB-5 Visa Program?
17. What's the difference between an Opportunity Zone investment versus a Non-Opportunity Zone investment?