New EB-5 rules targeting abuse may be eased

New EB-5 rules targeting abuse may be eased

EB-5, EB-5 Visa, EB-5 Investment

Sen. Lindsey Graham and the Hudson Yards development

Senators Lindsey Graham and Chuck Schumer are co-sponsoring the bill, only two months after the new rules took effect, and which were meant to curb fraud

EB-5, the federal visa program that helped fund development projects like the massive Hudson Yards in New York, has been fading recently and on the ropes, a result of fraud and its own popularity. 


https://therealdeal.com/2020/01/14/new-eb-5-rules-targeting-abuse-may-be-eased/

Mentions

States

  • New York


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