McAllen hoping to enhance investment opportunities with Houston
The city of McAllen is partnering with the city of Houston in hopes of enhancing investment opportunities in the Rio Grande Valley.
The McAllen EB-5 Regional Center Hosting a ceremony at the Cambria Hotel making the partnership official. The EB-5 program was created by congress in 1990 and allows foreign investors who create new job opportunities in the U.S. a pathway to permanent residency for them and their families.
The Cambria Hotel is the first project to be completed under the McAllen EB-5 program.
Roy Rodriguez, President EB-5 McAllen Regional Center, “This is the only project we’ve done and if we want to keep our EB-5 alive we need projects. By coupling our efforts with Houston, which obviously is a very large city, it gives us an opportunity to reach hopefully a lot more people that would be interested in this program.”
To qualify for the program foreign investors must create at least 10 full-time jobs.
https://www.kveo.com/news/mcallen-hoping-to-enhance-investment-opportunities-with-houston/
Mentions
- Houston EB 5 Regional Center (former name DC Partners Regional Center)
- City of McAllen EB-5 Regional Center
States
- Texas
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.
