EB-5 On The Rise In Retail, Mixed-Use Projects

Law360, New York (May 2, 2014, 8:28 PM EDT) -- The EB-5 immigration program that allows foreign investors to make equity commitments in real estate developments in exchange for visas has grown in popularity for retail and mixed-use projects, but experts say the complex requirements can limit the types of deals that benefit from it.

With EB-5, foreign investors can make commitments of $500,000 or $1 million, depending on where the project is located and how many jobs it needs to create to meet U.S. Citizenship and Immigration Services guidelines. In return, the investors receive so-called green cards.

The program has grown in popularity in recent years as a way to...

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