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 [...]
Indiana receives new EB-5 Regional Center
A new EB-5 Regional Center that is now forming in Madison County is bringing new business to the area and could potentially create hundreds of new jobs. The new building will give foreign investors the opportunity to receive residency in the U.S. if they invest money into an American business. Since talk of the center [...]
Developers seek use of EB-5 program to revitalize are near University
A group of Cincinnati developers are seeking help from Chinese investors to boost the economy in a neighborhood near the University of Cincinnati. Sources have said that the developers recently traveled to China to promote the idea and they are seeking to use the EB-5 program in order to do this. The EB-5 program allows [...]
Pabst brewery to be converted into apartments for senior citizens
The former mill house and grain warehouse for Pabst Brewery will be converted to an apartment complex for senior citizens under a $22.5 million proposal that is being discussed by officials. The firm is seeking a federal guarantee for $12.3 million. Additional funds are being raised from investors involved in the EB-5 investor program. This [...]
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 [...]
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