Here is a great article from the South Florida Business Journal on the EB – 5 and EB 2 programs. These have been incredibly popular in Florida and have been used mainly for economic and real estate development and immigration. It is fascinating, a creative way to get money from these same countries with repressive governments into commercial developments here. Their money is safe (so they think, and in truth it is probably much safer here no matter what happens than where it was), they have a chance to make money and perhaps most important, they get a visa to come here. This program has fueled some interesting projects here including the Margaritaville Hotel project in Hollywood and the Harbourside project in Jupiter.
While this seems great, there are mixed messages here. Still, good news and let’s hope it continues!
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