Following a number of enquiries for information on Immigration through investment, I am supplying the basic overview as provided by U.S.C.I.S.
Immigration through Investment

Overview
Under section 203(b)(5) of the Immigration and Nationality Act (INA), 8 U.S.C. § 1153(b)(5), 10,000 immigrant visas per year are available to qualified individuals seeking permanent resident status on the basis of their engagement in a new commercial enterprise.

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 a CIS-designated “Regional Center.”

A “Regional Center:”
• Is an entity, organization or agency that has been approved as such by the Service;
• Focuses on a specific geographic area within the United States; and ,
• Seeks to promote economic growth through increased export sales, improved regional productivity, creation of new jobs, and increased domestic capital investment.
“Alien investors” must:
• Demonstrate that a “qualified investment” (see below) is being made in a new commercial enterprise located within an approved Regional Center; and,
• Show, using reasonable methodologies, that 10 or more jobs are actually created either directly or indirectly by the new commercial enterprise through revenues generated from increased exports, improved regional productivity, job creation, or increased domestic capital investment resulting from the pilot program.

Eligibility
Permanent resident status based on EB-5 eligibility is available to investors, either alone or coming with their spouse and unmarried children. Eligible aliens are those who have invested—or are actively in the process of investing—the required amount of capital into a new commercial enterprise that they have established. They must further demonstrate that this investment will benefit the United States economy and create the requisite number of full-time jobs for qualified persons within the United States.

In general, “eligible individuals” include those:
1. Who establish a new commercial enterprise by:
· creating an original business;
· purchasing an existing business and simultaneously or subsequently restructuring or reorganizing the business such that a new commercial enterprise results; or
· expanding an existing business by 140 percent of the pre-investment number of jobs or net worth, or retaining all existing jobs in a troubled business that has lost 20 percent of its net worth over the past 12 to 24 months; and
2. Who have invested—or who are actively in the process of investing—in a new commercial enterprise:
· at least $1,000,000, or
· at least $500,000 where the investment is being made in a “targeted employment area,” which is an area that has experienced unemployment of at least 150 per cent of the national average rate or a rural area as designated by OMB; and
3. Whose engagement in a new commercial enterprise will benefit the United States economy and:
· create full-time employment for not fewer than 10 qualified individuals; or
· maintain the number of existing employees at no less than the pre-investment level for a period of at least two years, where the capital investment is being made in a “troubled business,” which is a business that has been in existence for at least two years and that has lost 20 percent of its net worth over the past 12 to 24 months.

As always, should you need any further information please contact the office.

New Board Member
Chicago Irish Immigrant Support is happy to announce the addition of a new board member. She is Ms. Fiona McEntee and hails from Dublin. Fiona is an immigration attorney and will in future be available to our office, providing help and assistance on a pro bono basis. We are delighted that Fiona has joined our center and very grateful to her for providing advise on a wide range of issues.

Wait For the Brick
A young and successful executive was traveling down a neighborhood street, going a bit too fast in his new Jaguar. He was watching for kids darting out from between parked cars and slowed down when he thought he saw something. As his car passed, no children appeared. Instead, a brick smashed into the Jag’s side door! He slammed on the brakes and drove the Jag back to the spot where the brick had been thrown. The angry driver then jumped out of the car, grabbed the nearest kid and pushed him up against a parked car, shouting, “What was that all about and who are you?

Just what the heck are you doing?

That’s a new car and that brick you threw is going to cost a lot of money.

Why did you do it?”

The young boy was apologetic. “Please mister …please, I’m sorry… I didn’t know what else to do,” he pleaded.

“I threw the brick because no one else would stop…”

With tears dripping down his face and off his chin, the youth pointed to a spot just around a parked car.

“It’s my brother,” he said.

“He rolled off the curb and fell out of his wheelchair and I can’t lift him up.”

Now sobbing, the boy asked the stunned executive, “Would you please help me get him back into his wheelchair? He’s hurt and he’s too heavy for me.”

Moved beyond words, the driver tried to swallow the rapidly swelling lump in his throat. He hurriedly lifted the handicapped boy back into the wheelchair, then took out his fancy handkerchief and dabbed at the fresh scrapes and cuts. A quick look told him everything was going to be okay.
“Thank you and May God bless you,” the grateful child told the stranger.

Too shook up for words, the man simply watched the little boy push his wheelchair-bound brother down the sidewalk toward their home. It was a long, slow walk back to the Jaguar. The damage was very noticeable, but the driver never bothered to repair the dented side door. He kept the dent there to remind him of this message: Don’t go through life so fast that someone has to throw a brick at you to get your attention!

Should you have any comments, questions or suggestions, please feel free to contact me @ sliabhanoir@yahoo.com. Or 312-337-8445.