The largest user of the EB-5 immigrant investor program has a leg up on its competitors: speed.
The program lets foreigners acquire U.S. residence status by making an investment in the U.S. that creates jobs. Real-estate developer Related Cos., which is in the process of raising a total of $1.2 billion through the program for its Hudson Yards project in New York, jumped to the front of a lengthy line when it applied to raise money through EB-5, a substantial advantage in a process that can take more than a year.
Meanwhile, its brokers in China advertise to potential immigrant investors that they will get accelerated processing times that are nearly a year faster than average.
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