A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications.
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This bill amends the Immigration and Nationality Act to eliminate the EB-5 visa category.
The number of fiscal year immigrant visas available for the following employment categories is increased: (1) priority workers; (2) members of the professions with advanced degrees or persons of exceptional ability; (3) skilled workers, professionals, and certain unskilled workers; and (4) certain special immigrants.
The Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 is amended to terminate the EB-5 regional center pilot program.
The EB-5 visa provides lawful permanent residence to foreign nationals who invest (directly or through a regional center) a specified amount of capital in a new commercial enterprise in the United States and create at least 10 jobs.
Read twice and referred to the Committee on the Judiciary.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 232: A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications.. 115th Congress. Open America. https://openamerica.io/bill/115-S-232/
"S. 232: A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-232/.
S. 232, 115th Cong. (2026), https://openamerica.io/bill/115-S-232/.
[S. 232: A bill to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications.](https://openamerica.io/bill/115-S-232/)