NYC uses EB-5 program to fund projects
Real estate and other business development projects in New York City are looking to the EB-5 visa program for help in funding. The EB-5 visa program is quickly becoming a popular way to gain capital for business projects. The program gives foreign nationals an opportunity to gain residency in the U.S. in exchange for an [...]
Wealthy Mexican immigrants moving to Austin to escape dangerous environment
A Mexican man from Monterrey has recently moved his family to Austin in order to escape the dangerous environment in Mexico. He is part of the wealthy entrepreneurs that are moving to the country using the EB-5 visa program in order to start a new life. New arrivals are buying and opening businesses in Austin [...]
Grand Bear Resort to receive $6 million from EB-5 program
Grand Bear Investors, the managing corporation for Grizzly Jack’s Grand Bear Resort in Utica, has recently reached an agreement that they will receive $6 million in funding through the EB-5 program. The program is run by the Northern Illinois Foreign Investment and creates jobs in America by offering residency to foreign investors. The managing partners [...]
Proposed changes offered to enhance EB-5 processing
The U.S. Citizenship and Immigration Services has recently proposed many changes to enhance the Immigrant Investor Program, or EB-5 program. The EB-5 immigration program allows 10, 000 visas to investors that invest money into a commercial enterprise that creates at least 10 jobs. A foreign investor can either do this process independently or through a [...]
Federal authorities approve foreign investors for rural areas
Federal authorities have approved the use of foreign investors for projects in rural areas. The EB-5 immigration program is used to jump start economic development in areas in exchange for U.S. residency. In August 2010, the Plattsburgh-North Country Chamber of Commerce applied for this program and it was announced this week that it has been [...]
Dallas foreign investor program to fund new development
The Dallas foreign investor program, part of the City of Dallas Regional Center, is going to help partially fund a new development in North Oak Cliff. This new project is going to create 250 new jobs to the area with the construction of the Zang Triangle, a $30 million multifamily development. Officials in Dallas have [...]
Foreign investors travel to South Texas areas
Foreign investors are flocking to the South Texas region, Rio South Texas, in order to invest in project to receive residency in the U.S. through the EB-5 immigration program. In the 1990s, the North American Free Trade Agreement made the South Texas area boom in population. The government created the EB-5 immigration program in 1990 [...]
New EB-5 Immigration Center to open in Montana
A new investment center is to be opened in Missoula, Montana in order to help foreign investors gain visas by offering visas as incentives. The Employment-Based Regional Center has approved the Northern Rockies Regional Center. This new center will help to increase the private money that is available to use in American business projects. The [...]
Asian buyers attracted to bargains in Florida
Bargains In Florida are causing Asian buyers to flock to the area. At a recent trade show, 20 units in Florida were sold to buyers in Singapore. The property is not he only thing that the Asian buyers are interested in, they are also searching for citizenship in the country. Many are considering the EB-5 [...]
Buying a Green Card? Look before you Jump.
I find it puzzling and strange that so many foreign investors, when selecting a Regional Center, are prepared to invest $500,000 in the proverbial “pig in a poke.” These investors are usually smart, but when it comes to the EB-5 program, they attempt to analyze an overwhelming amount of legal and financial information on their [...]
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