Much has been written lately about the importance of having a broker dealer involved in your EB-5 project if you are a developer or regional center, or both. The importance of this is both compliance, and to ensure that the investors can confidently invest knowing that someone with a license has reviewed the documents and…
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Independent Due Diligence in the EB-5 Industry For Regional Centers & Immigrant Investors Many in the EB-5 industry and those who follow investment news closely have heard about the SEC’s investigation and civil complaint against Jay Peak, a Vermont ski resort. Jay Peak relied heavily on EB-5 immigrant investors to finance its development. The allegations are simply…
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Today, the Wall Street Journal published a cover story seemingly designed (especially if one only read the front page and early analysis on page A12) to leave a bad taste in readers’ mouths concerning the EB-5 Visa program. http://www.wsj.com/articles/how-immigrants-cash-funds-luxury-towers-in-the-u-s-1441848965#livefyre-comment The author seemed to mistakenly draw the conclusion that a program designed to help the poor and…
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