Invest in USA Act of 2007

The Invest in USA Act of 2007 (H.R.4890) was a bill in the 110th Congress "to modify the EB-5 regional center program." (Official title.)

Current status


A "Regional Center:"


 * Is an entity, organization or agency that has been approved as such by the Service;
 * Focuses on a specific geographic area within the United States; and ,
 * Seeks to promote economic growth through increased export sales, improved regional productivity, creation of new jobs, and increased domestic capital investment.


 * Amends the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 to: (1) make the alien investor (E-B5) regional center program permanent; and (2) establish a $2,500 regional center designation fee.


 * Amends the Immigration and Nationality Act to: (1) establish a $2,000 E-B5 premium processing fee; (2) permit concurrent filing for E-B5 petitions and status adjustment applications; and (3) establish in the Treasury the Immigrant Entrepreneur Regional Account Center.