As the dust settles on one of the most contentious elections in U.S. history, there is significant uncertainty in terms of what to expect moving forward as President-elect Trump transitions to the White House. We are hearing from clients and colleagues, and observing in social...
As a Commonwealth of the United States, Puerto Rico uses the U.S. Dollar as its currency, is defended by the U.S. armed forces, and is subject to the American Federal Court System and Laws. However, one little-known fact that is highly useful to prospective EB-5...
When Congress established the EB-5 Visa Category in 1990, its goal was to to ensure that the funds committed by immigrant investors were obtained lawfully and not as a result of any illegal activity. Therefore, lawmakers passed a “lawful source of funds” requirement for both...
On September 30th, just as the Program was facing expiration, Congress extended the EB-5 Regional Center Program through December 11th as part of a temporary spending bill that will keep the government running through that date. While it is probable that the House and Senate...
In June, two United States senators—Republican Senator Chuck Grassley of Iowa and Democratic Senator Patrick Leahy of Vermont—introduced legislation to reauthorize and reform the EB-5 Regional Center Program, which is set to expire on September 30th. The Leahy-Grassley bill was actually the third bill to...
This post is part of e-Council Inc.’s new “Spotlight” series, in which we feature successful EB-5 projects across different industries and business types; some of the spotlighted businesses may be our clients whereas others are not, but all have one theme in common: SUCCESS using...
High-rent cities across the U.S. have been leveraging EB-5 funds to finance development projects involving low-income housing. In fact, some cities have formed their own Regional Centers with a particular focus on sponsoring affordable housing projects. (Though the precise definition of “affordable housing” varies across...
Welcome to e-Council Inc.’s new “Spotlight” series, where we feature successful EB-5 projects across different industries and business types. Franchises may be an ideal option for foreign investors looking to participate actively in the EB-5 program. Franchise chains offer an established business model with a proven...
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...