Understanding the economic benefit and opportunity that the EB-5 program has to our nation’s future, Nevada Congressman, Mark Amodei and Colorado Congressman, Jared Polis, have introduced legislation to make the program permanent and allow for job creation through foreign capital investment. Additionally, the bill titled American Entrepreneurship and Investment Act of 2015, would address Target Employment Areas, transparency and streamline processing times.
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For more information about the EB-5 Program and the benefits to both new and expanding companies/project developers thru foreign capital investment, contact The Nevada State EB-5 Regional Center.
With the regional center program set to expire in September 2015, the EB-5 industry has been given new life in the form of the American Entrepreneurship and Investment Act of 2015. The Act was introduced today by Congressmen Jared Polis (CO-02) and Mark Amodei (NV-02), and is a follow-up to last year’s bill of the same name. The bill would make the regional center program permanent and allow for continued job creation and a more reliable stream of foreign capital.
“Our nation has always been at its strongest when we attracted the best and brightest minds to help build and invest in our economy,” said Rep. Polis. “The EB-5 visa program is an important tool that brings innovation and investment to the United States, and this bipartisan bill will improve and make permanent the program so that foreign investment and talent will continue to flow into our businesses, and strengthen our economy.”