EB-5: Proven Funding Outlet for the Hospitality Industry
Our team at Hotel AG was privileged to have a representative from an EB-5 regional center in our office on Monday. Mr. Bruce Nicely adequately laid out an overview of EB-5 and how it can help those developers looking for equity funding. The main EB-5 website
states that "the USCIS administers the Immigrant Investor Program, also known as 'EB-5,' as created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors." Many foreigners are anxiously trying to come into our great country. The average time to obtain visa is 8 years; by participating in EB-5, these foreign investors can shorten the process to 30 months or less.
These sophisticated and successful business men and women are given the opportunity to invest in projects on US soil ranging from hotel builds to call centers. Every $500,000 investment made by an EB-5 investor must create or preserve 10 US jobs. We were able to immediately identify some of the projects we are currently working on as potential opportunities for EB-5 funding. If you want to talk more about Eb-5, give us a call at 770-692-1605.published: 02-08-2012