[Q] What does EB5 or EB-5 stand for?
EB5 or more accurately EB-5 stands for Employment Based 5th category. Basically, it's a 5th (and last) category of all employment-based immigration categories.
More accurately, it is often referred to "employment creation category" or "investor immigrant category", rather than "employment based 5th category", because this category is supposed to create jobs not be employed by a U.S. employer.
We believe if run properly, the EB-5 category can truly help the U.S. economy and U.S. workers by creating much-needed jobs for American workers. Anyway, we do not like hazy and confusing ways to count the jobs created; we believe USCIS has to require a simpler and more transparent job counting methodologies to maintain the integrity of the EB-5 Program.