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Question:

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What are the issues with residential real estate EB-5 projects? I am considering an investment in a developer who will purchase land and construct 150 residential homes on the land over a two year period. and I want to know what are the issues that you've seen with such projects. Why aren't there many of these projects as opposed to hotel development?

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Answers:

January 17, 2014 11:12 Ed Beshara

Our law firm has experience with EB-5 real estate residential compliant projects. Our professional team will show that the required job creation will occur during the conditional permanent residency period of time.

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January 17, 2014 11:32 Sal Picataggio

In a word: jobs. Hotels can count construction jobs and operations jobs, while residential development would probably only be able to count construction jobs. However, with the right EB-5 attorney, like our law firm, a project would be reviewed for approvability and compliance with the regulations.

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