The EB-5 visa was originally intended to spur job creation in the manufacturing industry — in fact, a 2003 ruling said that real estate construction jobs couldn’t count toward the job creation figures required under the program.
How, then, has real estate development come to dominate the use of EB-5 capital in this decade?
In this week’s featured article, attorney Mona Shah gives a bit of history on how EB-5 funding became a mainstream source of real estate investment capital. She also outlines various ways in which, despite real estate’s dominance, EB-5 funds continue to be deployed in other industries — and explains why these alternative markets are a benefit to EB-5 at large.
Read the article: “How EB-5 Funding Is and Can Be Used”
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