Perspective
Sep. 11, 2014
Immigrant investor visas threatened
The increasingly popular Immigrant Investor Program has hit a speed bump, potentially derailing momentum built up over the last five years. By Jim Butler
The increasingly popular Immigrant Investor Program has hit a speed bump, potentially derailing momentum built up over the last five years and jeopardizing a reliable source of capital for large, job-creating real estate developments throughout the country. The program (often referred to as EB-5), has reached its maximum number of Chinese visas available for this fiscal year, freezing applications until Oct. 1 this year. As the quota on Chinese visa...
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