“SELECT USA PROGRAM” USA INVESTMENT ENVIRONMENT MEETING, 02.02.2018

Select USA & US Investor Visa Programs were introduced in a meeting on Feb 2, 2018 at DEIK office. US Commercial Counsel John Coronado and Outbound Investments Business Council Chairman Volkan Kara hosted the meeting with the participation of US officials and council members.

The United States offers the largest consumer market on earth with a GDP of $18 trillion and 325 million people. Household spending is the highest in the world, accounting for nearly a third of global household consumption. At the same time, free trade agreements with20 other countriesprovide enhanced access to hundreds of millions of additional consumers –and the United States continues to work with foreign partners to increase opportunities for U.S. exporters.

Examples of Federal Support Programs and Incentives

EB-5 Visa for Immigrant Investors –EB-5 is a visa preference category that is available to immigrants seeking to enter the United States in order to invest in a new commercial enterprise that will benefit the US economy and create at least 10 full-time jobs.

Business Tax Credits in Renewal Communities (RCs) and Empowerment Zones (EZs) –Special federal tax incentives exist for businesses that hire local residents, upgrade their equipment needs, and build or rehabilitate commercial property in specially-designated areas.

Renewable Energy Investment Tax Credit –This credit reduces federal income taxes for qualified tax-paying owners based on capital investment in renewable energy projects.