American businesses rely on the investments and jobs created by the EB-5 program. The program has helped significantly revitalize the post-recession economy. Making it permanent would allow for a continued stream of investments to qualified domestic projects.
The EB-5 program, rife with fraud, fails to benefit struggling regions and companies and instead grants rich foreigners green cards. Foreign investments don’t actually reach areas in need as states manipulate the boundaries to include wealthy areas more attractive to investors.