Proposed EB-5 Changes Likely to Affect High-End Real Estate Projects in USA

With growing lobby for an increase in the minimum investment requirement under the EB-5 program and a bar on gerrymandering, real estate developers have intensified lobbying efforts to ensure high-end projects not cut off from this affordable source of funding. The EB-5 visa offers fast-track permanent residence to immigrants investing at least $500,000 in targeted…

EB-5 Investors File Temporary Extensions to Apply before Investment Limit is Raised

With the US Congress preferring a temporary extension of the EB-5 program until December 2015, wealthy investors are rushing to apply for the US Green Card under the existing rules. With the controversial program coming under fire from critics for low investment requirements, widespread gerrymandering, and lack of oversight, immigration experts anticipate lawmakers to introduce…