H.R. 773 · 116th Congress
To terminate the EB-5 program.
- Stage
- In committee
- Sponsor
- Steve King
- Introduced
- 2019-01-24
- Latest action
- 2019-03-05 · Referred to the Subcommittee on Immigration and Citizenship.
Summary
This bill eliminates EB-5 visas and 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.