Regional Center for EB5 Visas

Item 9B on the agenda for the regular Pflugerville City Council meeting this evening (November 22) was

“9B. Approving a resolution supporting the proposed creation of a regional center for EB5 visas in the City of Pflugerville and its Extra Territorial Jurisdiction (ETJ).”

The resolution was approved.

More information about EB-5 visas:

EB-5 Visa from Wikipedia.

The possibility that Chinese nationals might want to invest in Pflugerville was mentioned in the council meeting.

There is information about EB-5 visas for Chinese nationals at this Integrity Legal website.

Two Questions:

1. Will city taxpayers be expected to subsidize Chinese investments in Pflugerville?

2. Isn’t the U.S.A. sending enough money to China already?

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