The opportunity to do business and secure permanent residence in the U.S. is an attractive proposition for many investors. So why do so few people take advantage of the opportunity? Since the beginning of the EB-5 program and the passage of the Immigration Act of 1990,...
Given the EB-5 Regional Center Program’s pending expiration on September 30, 2015, the EB-5 community is anxiously waiting to see what changes and reforms will be made to the Program in order to ensure its re-authorization. One bill—the bi-partisan American Job Creation and Investment Promotion...
In our previous blog post we introduced Mike Xenick, CEO and President of InvestAmerica Capital Advisors, a broker-dealer affiliated, full-service EB-5 Investment Bank, and strategic partner of e-Council Inc. Mike shared tips on the ways in which investors, business owners, and project developers can vet...
Recent SEC allegations against EB-5 broker-dealers highlight the extreme importance of vetting these professionals to make sure that they are licensed, reputable, and trustworthy. In late June, two companies—Boca Raton-based Ireeco LLC and its successor, Hong Kong-based Ireeco Ltd.—were the first to be charged with...
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...
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...
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...
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...