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 [...]
Mexican businessman uses EB-5 visa to excape violent times country
A businessman in Mexico decided that the EB-5 visa immigration program was the right one for him and his family after his family was robbed at gunpoint in the country. The current violent situation in Mexico has many wealthy businessmen in the area trying to find ways to keep their families safe. The 47-year-old man [...]
Job growth seen from EB-5 visas
Although it has taken time, the job growth has grown in the U.S. especially in areas where unemployment was at its lowest. Some say that the job growth is largely because of EB-5 visa cards that are allowing foreign investors to contribute to American business. Foreign investors can gain permanent residency if they invest at [...]
Sacramento region to use EB5 visas to generate jobs
In recent years, the McClellan Air Force Base and other bases in California have lost thousands of jobs. Today, the Sacramento region is using EB5 visas in order to generate jobs in the area. The EB5 program grants green cards to immigrants that can invest half a million dollars into American enterprises. This investment has [...]
Senator announces plan to make EB5 immigration permanent
Sen. Patrick Leahy announced a plan to make the EB5 Investor Regional Centers permanent. The new legislation was proposed last week after the pilot program generated over one billion in capital investments and created 1,000 jobs. The purpose of EB5 centers are to allow foreign investors to give a sum of money, usually a minimum [...]
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