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The United States EB-5 visa, employment-based fifth preference category [1] or EB-5 Immigrant Investor Visa Program was created in 1990 by the Immigration Act of 1990.It provides a method for eligible immigrant investors to become lawful permanent residents—informally known as "green card" holders—by investing substantial capital to finance a U.S. business (known as a "new commercial ...
The New York City Regional Center (NYCRC) secures capital for real estate and infrastructure projects throughout New York City. Established in 2008, NYCRC has provided over $1.5 billion of capital to help fund a broad spectrum of economic development projects in Brooklyn, Queens, Manhattan, and the Bronx. These projects have successfully ...
The capital stack included $170,000,000 in EB-5 investment through SolarReserve/ACS Cobra partner CMB Regional Centers. [23] [24] [16] Under a power purchase agreement between SolarReserve and NV Energy, all power generated by the Crescent Dunes project in the next 25 years would have been sold to NV Energy for $0.135 per kilowatt-hour. [9]
State Auditor Doug Hoffer found the state of Vermont was too trusting and made poor decisions in its oversight of Jay Peak's fraudulent EB-5 projects.
A Targeted Employment Area (TEA) is a region of the United States for which the threshold for investment for an investor to be eligible for the EB-5 visa is $500,000 or $900,000 (as opposed to the usual $1,800,000 threshold for the US as a whole), with a judge striking down the increase of the amount from $500,000 to $900,000 but USCIS website continuing to state it as $900,000.
Strange holds a 16% share of Sunbelt EB-5 Regional Center, LLC, which helps broker deals between investors and U.S. projects that need capital. The company uses the EB-5 visa program which allows foreigners to earn permanent residency for themselves and their children, if they invest $500,000 or $1 million in an American business venture that ...
The Pennsylvania Turnpike Commission is borrowing money from foreign investors in order to provide funding for the project. The remaining stages of the project are unfunded, with a projected total cost of $1.1 billion for the entire project. [18] The I-95 project, funded by an amalgam of federal and state entities, created over 5,000 jobs. [23 ...
In 2012 Thompson served as a regional campaign manager for Mitt Romney and was a 3rd time delegate at the 2012 Republican National Convention. Since 2011 Thompson has served as President of Regional Centers Holding Group, one of the most successful and unique EB-5 business operations in the US.