When eager Chinese citizens invested in the Times Square Edition Hotel through the EB-5 visa program roughly four years ago, they expected to secure green cards within five years. But the controversial program, which has brought billions into New York City real estate projects, is facing a major backlog in applications that has driven up wait times. Some Chinese investors, now facing waits as long as 15 years, have enlisted American attorneys to help them […]
source https://therealdeal.com/2018/06/13/chinese-eb-5-investors-in-major-new-york-developments-want-their-millions-back/
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