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Immigration Overhaul Could Be a Bright Star in Miami Real Estate Development

 

Although controversial, Barack Obama’s recent executive actions to overhaul the immigration system will further feed real estate development in Miami. The EB-5 visa can lead to citizenship if a foreigner invests a minimum $500,000 in US-approved real estate projects and creates jobs locally. Some developers are using the EB-5 to help fund residential and commercial projects.

EB5-VisaMiami is a prime focus of foreign investment from Latin Americans and important to Europeans too. The US has already reached its 10,000 EB-5 visas cap this past year, with many visas going to Chinese investors, so think about the Venezuelans, Brazilians, and other South Americans that have missed out! Local demand for EB-5 visas is so great that the City of Miami has created an EB-5 Regional Center for Foreign Investment!

By expanding the Miami program we could be expanding Miami!

USI Fund Newsletter - SOURCE

To learn more about real estate in South Miami, Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!