Listen to Jeff and Mona discuss the study as well as the implications of the EB-5 Regional Center Program reform discussion in Washington, DC:
Jeff Carr was recently invited to participate on a podcast hosted by prominent EB-5 immigration attorney Mona Shah of Mona Shah & Associates Global (“MSA Global”) to discuss EPR’s newly released study on the economic impact of the EB-5 Regional Center Program’s capital investment activities during federal fiscal years 2014-15. The study, developed through a collaboration of the EB-5 Investment Coalition (EB-5IC) and Invest in the USA (IIUSA), comes at a crucial time in the reform discussions regarding the EB-5 Regional Center Program. The study found that capital investment under the regional center program resulted in significant and geographically broad-based economic impacts for the U.S. economy during the most recent period when the regional center program was operating near its unconstrained potential. The study also shows the regional center program’s potential to support on-going economic growth across the U.S. economy, as long as the regional center program is allocated a sufficient number of Visas and without unreasonable restrictions on its economic development activities.