Investor Visas Rebound as Immigrants Seek Green Card Fast Track

December 5, 2024, 10:10 AM UTC

An accelerated path to green cards for immigrant investors has quickly rebounded two years after its revival, with capital investments on track this year to surpass those made in the last year before the program was frozen.

Investors have filed more than 6,500 immigrant petitions for EB-5 visas since lawmakers in 2022 restored an option for them to pool their funds in US businesses to qualify for permanent residency. And more than $5.2 billion in foreign capital has been raised for 400 new EB-5 projects since the restart.

Those numbers are still far below the industry’s peak a decade ago. ...

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