The EB-5 Program - Financing CRE
By
Jack Murray on October 13, 2016
On December 15, 2015, Congress passed an Omnibus appropriations bill containing, among other things, an extension of all current EB-5 rules (with no modification) until September 30, 2016 (“2016 Extension Period”). Congress recognized the need for reform ...
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Topics: EB-5 Program
Foreign Investments in U.S. Real Estate – Congress Extends the EB-5 Program*
By
Jack Murray on June 8, 2016
The EB-5 program was established in 1990 by the Immigration and Nationality Act, 8 u.s.c. § 1153(b)(5) (“INA”). Section 203(b)(5) of the INA allocates 10,000 EB-5 immigrant visas per year to qualified individuals seeking “Lawful Permanent Resident” ...
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Topics: Foreign Investment EB-5 Program