California is the #1 FDI Recipient
California is the nation’s largest recipient of foreign direct investment (FDI), attracting $119 billion in investments. And since the United States is the largest recipient of foreign direct investment worldwide, that puts California at the top of the list worldwide. California is a huge consumer market, with 39 million people buying goods and services. California is home to the world’s leading trade and logistics infrastructures with sea and inland ports, rail systems, and the most active international cargo airport—Los Angeles International Airport.
Because California is such a substantial recipient of foreign direct investment, it is uniquely positioned with a number of economic advantages. FDI creates new jobs; boosts wages; increases U.S. exports; builds up U.S. manufacturing; brings in new skills, technology, and research; and contributes to U.S. productivity. It also creates new or increased needs for local suppliers and vendors.
Overseen by the U.S. Citizenship and Immigration Services (USCIS), the EB-5 Program provides foreign nationals the opportunity to become conditional residents for two years upon making an investment of $500,000 in a designated targeted employment area in a new commercial enterprise. Each unit of investment must create at least ten new direct or indirect jobs for U.S. workers. Once the job creation requirement is met, the conditions are removed and investors may obtain permanent residency in the United States.