tea opportunity in NEW YORK
Based on the latest annual data from the Bureau of Labor Statistics, the majority of the census tracts in New York metropolitan area now qualify as a targeted employment area (TEA), enjoying the ability to attract EB-5 capital at the lower required investment amount.
However, THIS OPPORTUNITY WILL BE GONE, if the EB-5 Reform and Integrity Act of 2021 (S.831/H.R.2901) is not passed by Congress before June 30th.
Unless you take action right now,
the EB-5 economic development program will expire in:
ACT NOW BY contactING Sen. Schumer's & REP. Nadler's
key staff members following the steps below
Simply copy and paste our drafted language below on your email to
Sen. Schumer's and Rep. Nadler's staff members:
(Make sure you update the fields highlighted in YELLOW accordingly on your email.)
use our suggested language in your email
Dear Ms. Lawrence/Mr. Petrella/Ms.Taira:
On behalf of the Coalition to Save and Create Jobs and Invest In the USA, I am
requesting your boss to support EB-5 Reform and Integrity Act of 2021 (S.831 was introduced by Sen. Chuck Grassley (R-IA) and Sen. Patrick Leahy (D-VT) in the Senate, and H.R. 2901 was introduced by Rep. Greg Stanton (D-AZ) and Rep. Brian Fitzpatrick (R-PA) in the House).
The EB-5 Regional Center Program is set to expire on June 30, 2021.
The EB-5 Reform and Integrity Act of 2021 will provide the stability of a 5-year reauthorization and enable the Department of Homeland Security (DHS) to better guard against abuse and promote program integrity, providing all stakeholders critical safeguards against fraud. You can find a section-by-section summary of the bill HERE.
Since its inception, the EB-5 Regional Center Program has drawn in more than $41
billion in capital investment from across the globe to support American businesses and
created more than 820,000 job opportunities for U.S. workers.
Since 2008, the EB-5 Program has brought more than $6.5 billion in funding and
more than 205,000+ jobs to New York. If the program expires on June 30, the
opportunity for future investment and job creation through the Regional Center Program
will be eliminated. You can find a one-page data sheet on the economic impact to the
state – HERE.
PLEASE SUPPORT S.831/H.R.2901!
Use the following contact information to email these key staff members in Congress:
Senator Schumer's office:
Representative Nadler's office:
senator schumer's & rEPRESENTATIVE nADLER'S KEY STAFF membERS
Download our one-pager and attach it to your email to Sen. Schumer's staff members.
The one-pager illustrates how much economic impact the EB-5 Program has generated for the State of New York.