The EB-5 visa, or employment-based fifth preference visa, is a type of visa that provides a method of obtaining a green card for foreign nationals who invest in a "new commercial enterprise" in the United States. The EB-5 program was created by the Immigration Act of 1990 to encourage foreign investments and economic growth in the United States. The program is intended to create jobs for U.S. workers and to infuse new capital into the U.S. economy.

To be eligible for the EB-5 visa, investors must make the necessary investment in a commercial enterprise in the United States and plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers. The minimum investment required is $1 million, or $500,000 if the investment is in a rural or targeted high unemployment area where unemployment is 150% of the national average. The business must be for-profit and must be a corporation, joint venture, business trust, or sole proprietorship.

The EB-5 program is administered by the United States Citizenship and Immigration Services (USCIS). Participants in the program have developed their own best practices as well as educational initiatives to promote better understanding of legal parameters in immigration, financial matters, and securities. The EB-5 program is currently the only visa program designed to allow foreign investors to gain permanent residence in the United States.

Overall, the EB-5 visa program is a way for foreign investors to invest in the United States and, in return, receive the opportunity to permanently reside in the country and contribute to its economic growth.