Monday 30 March 2020

EB-5 is back in the doghouse

EB-5 was left out of Congress’s $2 trillion federal stimulus package bill, crushing developers’ hopes of getting cheap financing as real estate deals come to a halt. The federal program that allows foreign investors the ability to obtain a U.S. green card in exchange for an investment in a U.S. business was not mentioned in the stimulus package that passed Congress on Friday. Politico previously reported that Congress was considering making changes to the EB-5



source https://therealdeal.com/2020/03/30/eb-5-is-back-in-the-doghouse/

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