Many of our investors are getting frustrated due to the uncertainty around the Regional Center EB-5 Program. Do you have any suggestions for them while they are waiting for the re-authorization of it?
Answers
They could consider the Direct EB-5 Program. Direct EB-5 requires direct jobs, and the size of the projects is substantially smaller. Each investor will need to weigh the pros and cons of their specific situation before jumping into a potentially high-risk direct EB-5 project. There is also talk about a new program.
Congress is in the process of launching the LIKE Act. The program, designed to Let Immigrants Kickstart Employment and hence the name LIKE Act, if passed, encourages the establishment of startup companies in the U.S. to spur economic growth and create jobs.
There are two articles on the program that both give a comprehensive overview. One is by Anayat Durrani entitled, "LIKE bill may be an alternative to EB-5 visa", and the other is by Lubna Kably entitled, "New US Bill provides for visas for founders of startups and pathway for green cards." The articles are published by EB5 Investors Magazine and The Times of India, respectively.
Upcoming Events
Top Contributors
Marko Issever
Philip Cohen
Raymond Lahoud
Gregory Finkelson
Mark Ivener
Ismael Fernandez
Fredrick Voigtmann
A. Olusanjo Omoniyi
Gerald Cipolla
Russell C. Weigel, IIILatest Questions
Subscribe for News
Securities Disclaimer
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.
