USCIS administers the EB-5 Program. Under this program, entrepreneurs are eligible o apply for a green card if they make the necessary investment in a commercial enterprise in the United States and plan to create or preserve 10 permanent full-time jobs for qualified U.S workers.
Congress created the EB-5 Program in 1990 to stimulate the U.S economy through job creation and capital investment by foreign investors. In 1992, Congress created the Immigrant Investor Program, also known as the Regional Center Program. This sets aside EB-5 visa for participants who invest in commercial enterprises associated with regional centers approved by USCIS based on proposals for promoting economic growth.
On Sept 7th, 2016, The USCIS Immigrant Investor Program announced the approval of a statewide territorial expansion for Renewable Texas Energy Regional Center managed by Texas EB-5 RC. This enables Texas EB-5 RC to sponsor EB-5 projects in all 254 counties in Texas, as well as certain parts of New Mexico, and file I-526 petitions under the expanded Regional Center territory.
Originally approved by the USCIS in 2014, Texas EB-5 RC has commercial real estate projects and energy infrastructure projects underway. Texas EB-5 RC offers cost efficient financing through the EB-5 Investor Visa Program to all of the state's major markets and surrounding cities to create jobs and stimulate economic development.