Pan-African American Economic Exchange
America is a Country of immigrants from all over the world and through this conglomerate of many nations, all nations are and can be represented through participation.
The 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 United States that will employ at least 10 American workers.” Most immigrant investors who use the EB-5 program invest in a targeted employment area (TEA):8 — a rural area or area with high unemployment — which lowers the investment threshold to $500,000. 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.:4
Applicants have the choice of investing individually or they can choose to work through a “larger investor pool via regional centers (RC)”,:2 which are federally approved third-party intermediaries that “connect foreign investors with developers in need of funding, and take a commission.” Regional centers are usually private, for-profit businesses that are approved by the U. S. Citizenship and Immigration Services (USCIS) which is part of the Department of Homeland Security.By May 1, 2017, there were 883 USCIS-approved regional centers and by 2014 the “vast majority” of EB-5 visas were “granted through regional center[s]”.:4 By 2015 the EB-5 program had become an “important source of capital for developers” and for the regional centers. If an EB-5 investment is made in a regional center, the jobs may be created indirectly through economic activity, as opposed to a direct investment, where the investment vehicle must directly employ the 10 U.S. workers.
Most investors — about 80 percent — come from five countries — China, South Korea, Taiwan, United Kingdom, and Hong Kong. Others have come from Canada, India, Mexico, Iran, and Japan.:8 In 2014 85% of the 10,692 EB-5 visas issued were for Chinese nationals according to a study by Savills Studley, a “real estate services firm”. On May 5 President Trump approved a renewal of the EB-5 Visa program as part of the first major piece of legislation of his administration, Bill H.R.244, which extended the spending bill—and Immigrant Investor Visa Program—through September 30, 2017.
Trubian Village represents the Native American Negro Nation interest and would like to reach out to our Pan-African family, to all on the continent and in the diaspora who have $500,000 to $1,000,000 dollars to help building our economic infrastructure as a future trade partner