Sponsored by RSR EB-5 Regional Center, the Fraser Centre, located in State College, Pennsylvania, was completed and in full operation thanks to the $15.5 million in EB-5 investments from foreign investors. Thanks to its appealing business climate and its role as a national leader in education, Pennsylvania has been an attractive state for immigrants, who make up more than 6% of the state’s population, according to the American Immigration Council. Ninety percent of the residents over 25 years old have a high school diploma or a higher degree. Pennsylvania has a population of 12.8 million, with more than 80% identifying themselves as white, 12% as African American and 7% as Hispanic or Latino, according to the U.S. The cost of living in Pennsylvania is below the national average. Key industries in Pennsylvania include natural gas, manufacturing, agribusinesses, life sciences and tourism. Pennsylvania is the world’s 19th largest economy with a GDP larger than Saudi Arabia and Switzerland, according to the state. With an inviting business climate, many Fortune 500 companies choose Pennsylvania as their headquarters. Located in the center of the East Coast and home to many globally recognized universities and research institutes, Pennsylvania boasts rich natural resources, abundant cultural heritage, innovative businesses and an educated workforce. As of September 2022, there are 53 approved regional centers in Pennsylvania as reported by USCIS. tax revenues, according to EB-5 Economic Impact Studies. This translates to a contribution of $1.37 billion to the nation's GDP and $250 million to U.S. From 2010 to 2015, the state of Pennsylvania had EB-5 investments of $820 million that created more than 15,500 American jobs. states in attracting EB-5 investments and foreign investors. International Immigrant Investor Programs.EB-5 Visa Cost: What You Need to Know Before Applying.
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