Mailing Address:
400 Tenafly Road, #1057
Tenafly, NJ 07670
Tel: (646) 770-2095
Fax: (646) 365-1522
a/k/a Not Putting All Your Eggs in One Basket. I’ve been asked some variation of the following question from investors looking to create a Direct EB-5 venture a number of times: “Can I create two companies, for example, a trucking company and a software company, invest $1 million or $500,000 depending on the location of [...]
I had said in last month’s newsletter that I would discuss the BEA (Bureau of Economic Analysis)’s announcement that it would be discontinuing RIMS II at the end of this year. But I don’t think we can discuss that without discussing how exactly “indirect” jobs are counted. Please remember that the only difference between a [...]
(Background information for EB-5 beginners: In many EB-5 deals the investors’ funds are placed into an escrow account until the I-526s are approved. With I-526 approvals taking well over a year this is causing a big gap in project financing schedules. As a result, many EB-5 project developers take out interim financing (or bridge loans) [...]