A series of bills including the "U.S. EB-5 Economic Zone Program Extension for Three Years" was passed by the U.S. Senate on October 20, 2009. Previously, the bill had been approved by the U.S. House of Representatives. It is reported that the bill will be submitted for presidential signature to take effect next week. The extension of the U.S. investment immigration EB-5 Economic Zone Program for three years starting from October 30, 2009 is now confirmed.
It is understood that in the past five years, nearly 500 Chinese families have successfully obtained U.S. green cards through the U.S. EB-5 Economic Zone Program, attracting hundreds of millions of dollars in funding to the U.S. and creating nearly 5,000 job opportunities, bringing significant economic and social benefits to the U.S. This holds positive significance for the reconstruction of the U.S. economy and the improvement of employment rates.
According to news from the U.S., the U.S. Department of State issued 1,099 investment immigration green cards last year, of which 293 were given to Chinese applicants. While South Korean applicants, who ranked first, received over 500 green cards, the number of green cards obtained by Chinese applicants has quadrupled compared to 2006. This not only exceeds the growth rate of the overall issuance of investment immigration green cards but also doubles the growth rate of South Korea. Judging by the growth speed of visa approval numbers, China has surpassed other countries, ranking at the top.