The EB-5 program is not the only visa program that may be impacted by sweeping reforms in the near future (see our recent article on the Grassley-Leahy EB-5 bill here). Specifically, on April 9th, 2015, Florida Congressman David Jolly (R) introduced a bill that could...
In a previous blog post, we discussed the benefits of public-private partnerships between Regional Centers and municipal or state governments. Such partnerships—including governmental ownership of Regional Centers—help both developers and governments develop large-scale projects that serve the public good. On a smaller scale, governmental support...
Earlier this month, the Greater Boca Raton Chamber of Commerce welcomed e-Council Inc. to its Trustee program in a move that will bring e-Council Inc. together with over 180 other businesses dedicated to the improvement and continued development of South Palm Beach County. High-profile companies...
Foreign investment is a powerful tool to grow a nation’s economy while benefiting investors funding projects beyond their own borders. Savvy governments provide incentives to encourage foreign investment in U.S. enterprises, especially those that create jobs and grow local economies. Enhancing positive economic impact was...
Some EB-5 projects involve public-private partnerships between Regional Centers and municipal or state governments. These partnerships appear to be a mutually beneficial way for developers and governments to work together on large-scale, landscape-altering projects that concurrently serve consumers and the public good. Governmental involvement in...
As previously reported, the EB-5 Regional Center Program is not a permanent institution; instead, in its current iteration, it requires Congressional re-authorization every few years. Thus far, Congress has reauthorized the program five times since its inception in 1993. The current authorization is set to...
Some E-2 visa applicants make their investments with the intention of eventually transitioning to an EB-5 visa. This article will explore the reasons for converting from E-2 to EB-5 and the important factors that petitioners must contemplate when doing so. Let us first consider the difference...
Developers have increasingly looked to the EB-5 program as a less expensive, more easily obtainable source of capital compared to traditional financing. However, one drawback of the EB-5 program is the lengthy processing time of I-526 applications. As a result of the ballooned number of...
Brazilian nationals seeking admission to the United States are not eligible to apply for the E-2 Treaty investor visa[1]. Brazil is not a Treaty Country,[2] so potential Brazilian investors must find alternate options for coming to the U.S. to invest in and manage a business. Fortunately,...
Historically, film studios and producers have used many different types of financing to cover the costs of film production, including government grants, pre-sales, debt financing, and private equity. In recent years, the film industry has sought funding through the EB-5 program. Since 2009, international media conglomerates...