Sunday, April 2, 2017

Three things Congress should know about reforming the EB-5 program

(Source: The Hill) Amid the strident calls for reform or termination of the EB-5 investor visa program, there are some essential facts about EB-5 investors and the EB-5 investment market that should be considered, but have not been part of the debate.  These are facts that help explain why most EB-5 investors select large projects in big cities over small projects in urban areas, and what kind of reforms might change those incentives.  In addition, there are reforms that can and should be adopted to prevent the types of fraud that have tainted the EB-5 program, that are not included in the pending DHS regulations, but should be included in any EB-5 reform legislation. Read the blog at http://thehill.com/blogs/congress-blog/

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