City of Oakland seeks to use foreign investor program to fund new business
An Oakland business man bought the Tribune Tower for $8 million and is now seeking to use the EB-5 visa program in order to help fund projects in the area and create job growth. The EB-5 visa program, also known as the foreign investor program, was created by Congress in 1990 in order help the [...]
Are you eligible for an EB-5 visa?
The EB-5 immigration program was created by Congress in the 1990s in order to help boost economic development in depressed areas. The program works to help foreign investors receive residency in the U.S. by investing money into a struggling or new American business. These projects are found by Regional Centers that are now located across [...]
EB-5 program considered for use in Saco
The city of Saco is now determining whether or not the EB-5 immigration program will be used to fund projects in the area in order to boost the economy and job market in the area. The EB-5 immigration program was created in 1990 by Congress in order to help jump start depressed areas of the [...]
Northern New York using EB-5 in future programs
The EB-5 program is scheduled to be used in multiple projects in Northern New York as officials begin to set them up. The program was created by Congress in order to create jobs for Americans and it is available to use in areas with high unemployment rates. Last spring, Northern New York was approved to [...]
EB-5 applicants quadrupled over past two years
The federal investor program called the EB-5 immigration visa program has gained a lot of popularity recently and the number of applicants has now quadrupled in the past two years to 3,800 applicants. This program allows a foreign investor to put money into an American business that creates at least 10 jobs. Projects that are [...]
EB-5 program being used to build new marina in Florida
A new marina will be built in Port Charlotte and the EB-5 visa program will be used in order to help fund the project. This new marina will help to jump start the economy in this depressed area by creating nearly 500 jobs. The unemployment rate in the area is 27.8 percent. The federal EB-5 [...]
EB-5 immigration suggested as way to fund hotel
The EB-5 immigration program has been suggested as a way to fund a new hotel in downtown Evansville. The commission for redevelopment in Evansville has voted to continue with plans for the hotel to be constructed. It was voted 3-1 that the Kunkel Group continue with the plans. Prime Lodging also submitted plans to build [...]
Gov. of Vermont attends seminars in Florida over benefits of EB-5 program
The governor of Vermont is in Miami, Florida at this time in order to attend seminars hosted by the state in order to discuss the benefits of the EB-5 program. The EB-5 program is a federal immigration program that allows non-U.S. citizens a chance to receive a green card if they invest at least $500,000 [...]
Franklin County receives EB-5 Regional Center
Franklin County in Maine will now be using the federal EB-5 immigration program, which allows foreign investors to put their money into an American business in exchange for a green card for residency in the U.S. The creation of the EB-5 immigration center comes from the U.S.Citizenship and Immigration Services. The new center, called USA [...]
September 30, 2012 – Countdown to Reauthorization
Nothing focuses one’s attention like a deadline – the day a paper is due for a student; the day a project must be completed for a businessman; and the day a worthwhile program is due to expire for Congress. Back in 2009, the EB-5 Regional Center program was set to expire on September 30, but [...]
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