Pan-African American Economic Exchange

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 visaemployment-based fifth preference category[1] 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.”[2] Most immigrant investors who use the EB-5 program invest in a targeted employment area (TEA)[3]:8 — a rural area or area with high unemployment — which lowers the investment threshold to $500,000.[4] The EB-5 program is intended to encourage both “foreign investments and economic growth.”[5] The EB-5 Immigrant Investor Visa Program is one of five employment-based (EB) preference programs in the United States.[6]:4

Applicants have the choice of investing individually or they can choose to work through a “larger investor pool via regional centers (RC)”,[6]:2 which are federally approved third-party intermediaries that “connect foreign investors with developers in need of funding, and take a commission.”[7][8][9][6] 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.[9][10]By May 1, 2017, there were 883 USCIS-approved regional centers[11] and by 2014 the “vast majority” of EB-5 visas were “granted through regional center[s]”.[3]:4 By 2015 the EB-5 program had become an “important source of capital for developers”[6] and for the regional centers.[9] 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.[3]: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”.[12][13] 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.[14]

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

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