Oakland looking to use EB-5 program in order to fund new ball park
The building of the new ballpark for the Oakland A’s has been put on hold because state lawmakers are now allowed to seize money that was meant for redevelopment. Now, officials with the ballpark are looking to use the EB-5 program in order to finance the project. The EB-5 program is an immigration program that [...]
Retail shopping center looks to use EB-5 visas
A Coral Gables retail shopping center has now secured permission to proceed with building plans. The developers are looking into the EB-5 program in order to fund it. The EB-5 visa program gives foreign nationals a chance to gain U.S. residency by allowing them to invest into American business. The development group has spent nearly [...]
USCIS approves South Florida EB-5 Steel HQ project
This month, the United States Citizenship & Immigration Services approved an EB-5 project with Steel HQ in South Florida. The project is expected to bring hundreds of construction jobs to Broward County and Miami-Dade County. Steel HQ manufactures steel-framed homes and structures in China. Their South Florida facility will open in 2012 and is expected [...]
Who is eligible for an EB-5 immigration green card?
There are a few requirements that must be done in order for a person to be eligible to receive a permanent resident card through EB-5 immigration. An immigrant must establish some type of commercial enterprise either by creating a new business, purchasing a new one, or expanding a business that exists by 140 percent. Also, [...]
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