Judiciary Committee, Immigration Integrity, Security, and Enforcement Subcommittee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
This bill amends the Immigration and Nationality Act to eliminate the EB-5 visa category. The Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 is amended to terminate the EB-5 regional center pilot program. The EB-5 visa provides lawful permanent residence to foreign nationals who invest (directly or through a regional center) a specified amount of capital in a new commercial enterprise in the United States and create at least 10 jobs.
Employee hiringFinancial services and investmentsForeign laborVisas and passports
To terminate the EB-5 program.
USA115th CongressHR-1502| House
| Updated: 3/31/2017
This bill amends the Immigration and Nationality Act to eliminate the EB-5 visa category. The Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 is amended to terminate the EB-5 regional center pilot program. The EB-5 visa provides lawful permanent residence to foreign nationals who invest (directly or through a regional center) a specified amount of capital in a new commercial enterprise in the United States and create at least 10 jobs.