Where the money came from

2019/11/24 10:51am

Investors from across the nation and around the world poured money into Georgia senior living facilities in recent years. Here’s how facilities have been financed.

INDIVIDUALS SEEKING EB-5 VISAS

Wealthy foreigners can receive permanent residency through the EB-5 visa program by investing in a U.S. business. This source helped boost financing for Silver Comet Village, Towne Club Windermere and Provident Village Creekside and Provident Village Canton. It also was used for Towne Club at Peachtree City, which has since changed hands. The investments reportedly allowed immigrants from at least a dozen nations to live in the U.S., including people from China, Burkina Faso, Iran, Egypt, India, Mexico, Taiwan and Canada.

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