An Idaho-based company has just been approved by USCIS to be a new
regional center for foreign investment. Invest Idaho LLC is one of 70
centers throughout the U.S. that is authorized by the federal
government to provide funds from qualified foreign investors, in the
U.S. under the EB-5 immigrant investor program, to local companies and
organizations.
Invest Idaho’s goal is to generate up to $50
million in funds from foreign investors in its initial stage. These
funds will then be used to subsidize various projects located in the
state of Idaho.
The EB-5 program, which was just extended by recent legislation,
provides permanent residency status to foreign nationals who invest
either $500,000 or $1 million in the U.S. and, through their
investment, create a minimum of 10 jobs within a two-year period.
