Economic Impacts of the U.S. EB-5 Immigration Program (2010-2012)

Presented by:  David Kay, Regional Economist, Alward Institute for Collaboration

February 18, 2015; Charlotte Economics Club, Charlotte, NC

The EB-5 immigration program is a federal immigration path that allows foreign investors to make targeted investments in the U.S. economy in exchange for an opportunity to apply for permanent residency. In recent years participation rates have increased dramatically, and in 2014 the program hit its annual visa allocation limit for the first time. Because of this growth there has been renewed interest in understanding the economic impacts associated with this program. Using the IMPLAN input-output modeling system, we estimate economic impacts associated with the EB-5 immigration program across all 50 states and 435 congressional districts. From 2010-2012 we estimate that spending associated with the program supported over 76,000 U.S. jobs and contributed over $6 billion to the U.S. economy.

Follow this link for David Kay's presentation:  Slide Presentation: Economic Impacts of U.S. EB-5 Immigration Program