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Expert: On Balance, EB-5 Investor Visa "A Good Program"

January 30, 2024 (1 min read)

Sheelah Kolhatkar, New Yorker, Jan. 29, 2024

"For five hundred thousand dollars (the amount has since risen to nine hundred thousand), foreign investors and their families became eligible for green cards, so long as that money succeeded in creating at least ten jobs. “On balance, it’s a good program,” Stephen Yale-Loehr, a law professor at Cornell, said, “in that projects that couldn’t find traditional bank financing have been able to use EB-5 money to get their projects off the ground.”