EB-5 Program Is 500% More Efficient at Job Creation than 2009 -Stimulus- Bill

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A report released in June by U.S. Policy Metrics, commissioned by the EB-5 Investment Coalition has revealed that the EB-5 investment visa program has been 500% more efficient at creating new jobs than the Obama administration’s 2009 economic stimulus package, citing the real value of the program as, not being the number of immigrants, but “how their investments leverage job creation.”

The report – “Harnessing Private Capital for Job Creation: An Analysis of the EB-5 Program” –   calculated that, “Given a typical investment of $500,000 and a minimum requirement of 10 jobs, the EB-5 program uses roughly $50,000 in private capital per job.” Any jobs created under the ARRA came at costs ranging from $100,000 to $400,000 per job.

From a subjective perspective, the ARRA was funded by taxpayers, whilst the jobs created through the EB-5 program are all funded by private capital investments. What makes this particularly important is that the EB-5 program can effectively reduce the U.S. federal deficit, whilst the administration’s ARRA actually increased the deficit.

– See more at: http://www.datsyn.com/article/4224/2015/07/05/EB-5-Program-Is-500-More-Efficient-at-Job-Creation-than-2009-Stimulus-Bill#sthash.utUtLjOD.dpuf