The EB-5 Immigrant Investor Program is an exciting opportunity for foreign nationals looking for a clear path to US permanent residency (green card). The program offers legal residency in exchange for a qualifying investment in an American business, mutually benefiting investors and the US economy. Successful applicants gain a green card for themselves, their spouse, and any children under age 21, allowing investors and their immediate families to live, work, and study in the US.
The program is appealing for individuals and families from all around the world, because it provides a unique pathway to establish a life in the United States while catering to diverse motives for immigration—from educational aspirations to career advancement to finding a secure environment for asset growth. Let’s take a look at who the EB-5 program’s top applicants are, exploring the common profiles of investors and the unique goals they pursue through this program.
EB-5 Visa Applicant Demographics
According to the Department of State’s latest data for FY2024, applicants from China, Vietnam, India, and Taiwan continue to represent the largest investor groups receiving EB-5 visas, collectively accounting for nearly 92% of all EB-5 visas issued in the first half of the current fiscal year. Nearly 55% of these visas were obtained by Chinese applicants, further underscoring the program’s strong appeal among investors from China.
Here are the percentages of visas issued this year to each of the top applicant countries:
- China: 54.58%
- Vietnam: 26.15%
- India: 8.68%
- Taiwan: 2.23%
- Hong Kong: 0.85%
- South Africa: 0.69%
- South Korea: 0.67%
- Venezuela: 0.67%
- Russia: 0.45%
- Great Britain: 0.43%
These statistics reflect the EB-5 program’s significant appeal across diverse regions of the world, with a particularly high interest in Asian countries.
Common Motivations for EB-5 Applicants
EB-5 investors may be drawn to the United States for a variety of reasons, from educational and career growth to the promise of new opportunities for themselves and their families. Although applicants come from diverse backgrounds, certain motivations are common across the EB-5 applicant pool.
Below are some of the most common profiles of individuals who pursue a green card by investment, the EB-5 visa, highlighting the unique motivations that drive their journey to US residency.
1. Parents of Children Aspiring to Study in the US
For many parents, the EB-5 visa is a way to secure high-quality educational opportunities in the United States for their children. Through this visa, parents gain green cards for their families, giving their children access to public education, the potential for lower in-state tuition, and easier enrollment in prestigious universities. This pathway is popular among families who value both the stability of US residency and the wide array of educational and career prospects for their children.
2. Young Professionals and Entrepreneurs
The United States is a magnet for ambitious professionals and entrepreneurs who seek to grow their careers and businesses in a dynamic economy. With an EB-5 visa, young professionals can bypass the restrictions of temporary work visas, gaining more freedom to work, innovate, and establish roots in the United States. For entrepreneurs, the visa also offers an environment that supports business growth and access to funding, making it a solid investment for career-focused applicants.
3. Current US Visa Holders Seeking Permanent Residency
Another common applicant persona is individuals already in the United States on valid visas, like the H-1B, the F-1, or the L-1, who are looking to transition from temporary status to permanent residency. Work visa restrictions can be very limiting, and renewals can be tedious, so many visa holders eventually look to the EB-5 visa for more stability and security. With the EB-5 visa, they gain the flexibility of a green card, eliminating the need for visa renewals and allowing for long-term career planning and stability.
The EB-5 Program’s Global Appeal
As the EB-5 program continues to attract applicants from around the globe, it highlights the United States as a sought-after destination for those pursuing stability, opportunity, and growth.
Whether it’s parents seeking educational opportunities for their children, ambitious professionals building their careers, or current visa holders seeking permanent status, the EB-5 visa meets diverse aspirations and offers a clear path to US residency. The program’s ongoing appeal underscores its value in welcoming a wide range of talented individuals who contribute to the US economy and enrich American communities.