During the Great Recession the EB-5 visa program funded businesses that couldn’t get funding from any other source, and it still provides much needed capital.
Because Congress is now considering renewing the EB-5 visa program, I would like to provide some additional information about the program. We have one of several EB-5 visa regional centers in Florida, and we have had eight businesses approved throughout the state, none of which is a luxury tower. These have included anassisted-living facility expansion with three investors, several ice-cream shops with one investor each and a lumber mill with 100 investors. These businesses have brought in tens of millions of dollars and created thousands of jobs.
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