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As conservatives, we champion secure borders, the rule of law, and an America First
agenda that prioritizes our citizens. But putting America first isn’t just about policy, it’s
also about investment and capital.
This may surprise you, but foreign investment can help us secure our nation. The right
type of foreign investment. The EB-5 Immigrant Investor Program is working and
working very well. It’s a system that channels foreign wealth into U.S. businesses:
creating jobs and boosting our economy without costing taxpayers anything. Like most
programs in D.C. the program is now the center of controversy. Fake news,
misinformation, and sensationalistic rhetoric is now being spread about the EB-5 visas.
It may come as no surprise, but do NOT believe what you hear. The system is a win for
Americans. We get wealthy, freedom-loving foreigners who are willing to invest in
American businesses in return for the ability to come and live here. Which means
instead of importing poverty to America, like the previous administration, we import
entrepreneurs who will help America grow and prosper.
Congress established the EB-5 visa program in 1990. It’s designed as a fast track to
permanent residency for foreigners who invest significant capital in U.S. businesses.
Those businesses must create at least 10 full-time jobs for American workers. The EB-
5 program fuels the growth of small business in America. And small business is at the
heart of our economy.
I have seen firsthand, EB-5 investment in poor rural areas in America as well as inner
city areas that are both plagued with unemployment. The investors often put up at least
$800,000 dollars or more often in places few Americans are willing to invest in. The
entrepreneur seeking a residency in America gets no guarantees except the shot at
receiving a green card, provided they meet the strict requirements.
What critics refuse to tell you is that this program has already pumped billions into our
economy, generating tens of thousands of jobs, all while maintaining a pristine record of
investor integrity.
As a business owner I see how the program turns foreign capital into American
opportunity. Between 2008 and 2021, EB-5 generated $37.4 billion in foreign direct
investment, funding projects like hotels, infrastructure, and real estate developments.
These aren’t pie-in-the-sky schemes; they’re concrete contributions to American
communities that need it most.
The EB-5 program employs a rigorous application process because we want to ensure
we are only inviting in pro-America, pro-freedom investors. Applicants must follow strict
protocol: proving their funds are lawful, undergoing extensive background checks, and

sustaining their investment for years. If EB-5 visa holders don’t live up to requirements,
their visas are revoked.
The program’s track record speaks for itself. I can’t find any evidence of EB-5 visa
holders being convicted of crimes or causing problems in America. In 2005, government
investigators found fraud on behalf of program operators not the investors. Those
responsible were arrested and prosecuted. In 2022, Congress refined the EB-5 visa
system leading to better oversight and vetting of potential investors. As a result,
program compliance rates are now reaching all time highs.
This isn’t a wide-open floodgate to America either. The EB-5 program has an annual
allocation of fewer than 10,000 visas. In 2024 we saw that many foreigners use the
Biden era CBP One app to enter America each day! Unlike other visa programs, it
doesn’t displace American workers; it creates jobs for them—over 1.7 million between
2016-2019 alone. These are American jobs created with foreign money, that could have
been spent elsewhere.
The EB-5 visa program is self-funded, with zero cost to the taxpayer. It’s a model of
what immigration policy should be: selective, merit-based, and America-first. Under
President Trump’s leadership, the program was strengthened, with investment
thresholds raised in 2019 to ensure only serious investors qualify. The 2022 reforms
added more transparency and accountability. The program proves, we can have secure
borders and economic growth. We don’t have to choose.
EB-5 visa holders are investors, not freeloaders. They don’t drain our government
services, they create a tax base to help pay for those services. These are America-
loving investors who want to build America with us.
The EB-5 program proves it’s possible to uphold conservative principles while
harnessing global wealth for American prosperity. Congress should expand this
program, maximize its potential, and send a clear message: America is open for
business, not for open borders.