John Park is the founding principal, president, and CEO of RCI Capital Group, a private financial firm that provides asset and fund management as well as investment banking services. His responsibilities include guiding the company by designing and implementing strategies, developing marketing plans, and directing projects. In his line of work, John Park supports various programs, such as the EB-5 Immigrant Investor initiative.
U.S. Congress launched the EB-5 Immigrant Investors program in 1990 as a means of boosting the country's economy. The program achieves its goal by creating jobs and giving foreign investors the opportunity to make capital investments. The EB-5 program sets aside visas for investors in specified regional centers.
Under EB-5, foreign investors can make capital investments according to a prescribed set of rules. First, EB-5 investors must invest in a new commercial enterprise founded after November 29, 1990. In certain circumstances, foreign investors may invest in enterprises formed on or before that date. The EB-5 program defines "new commercial enterprise" as a for-profit company. That company can be one of many types such as a sole proprietorship, corporation, or a joint venture.
Once a foreign investor invests in a new commercial enterprise, they must adhere to certain job creation requirements. Requirements include generating or preserving a minimum of 10 full-time positions for U.S. workers within 2 years. In the case of ailing businesses, defined as an enterprise in operation for at least two years and suffering from a net loss over a period of time, investors can only preserve jobs.
USCIS.gov provides more detailed information on EB-5.
2. John Park is the founding principal, president,
and CEO of RCI Capital Group, a private financial
firm that provides asset and fund management
as well as investment banking services. His
responsibilities include guiding the company by
designing and implementing strategies,
developing marketing plans, and directing
projects. In his line of work, John Park supports
various programs, such as the EB-5 Immigrant
Investor initiative.
3. U.S. Congress launched the EB-5 Immigrant Investors
program in 1990 as a means of boosting the country's
economy. The program achieves its goal by creating jobs
and giving foreign investors the opportunity to make
capital investments. The EB-5 program sets aside visas for
investors in specified regional centers.
Under EB-5, foreign investors can make capital
investments according to a prescribed set of rules. First,
EB-5 investors must invest in a new commercial
enterprise founded after November 29, 1990. In certain
circumstances, foreign investors may invest in enterprises
formed on or before that date. The EB-5 program defines
"new commercial enterprise" as a for-profit company.
That company can be one of many types such as a sole
proprietorship, corporation, or a joint venture.
4. Once a foreign investor invests in a new commercial
enterprise, they must adhere to certain job creation
requirements. Requirements include generating or
preserving a minimum of 10 full-time positions for
U.S. workers within 2 years. In the case of ailing
businesses, defined as an enterprise in operation
for at least two years and suffering from a net loss
over a period of time, investors can only preserve
jobs.
• USCIS.gov provides more detailed information on
EB-5.
