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Nov. 4, 2014
EB-5 popularity spurs calls for updates
After relying on a once-obscure immigrant-investor visa program to finance dozens of towers and hotels across the state, California developers and their lawyers fear the spigot could run dry.
Daily Journal Staff Writer
After relying on a once-obscure immigrant-investor visa program to finance dozens of towers and hotels across the state, California developers and their lawyers fear the spigot could run dry if legislators don't lift some of the program's limitations. Unless modifications are made - and soon - experts say the system will be bogged down with delays and foreign investors will look for other places...
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