3 ms·
EB5 stuff is quite common down here in Miami, mostly for construction projects. Lots of chinese, colombian, brazilian, and venezuelan moneys going into pools fo
by brianbreslin 12y ago
EB5 stuff is quite common down here in Miami, mostly for construction projects. Lots of chinese, colombian, brazilian, and venezuelan moneys going into pools for high rise developments. There has been talks of creating an EB5 pool for startup investment, but not sure if it has gone anywhere.
Here there has been some crackdown on this, as lots of it was fluff businesses where they had no intention of keeping the business beyond the 3 year or whatever requirement.
Makes perfect sense for a former politician to get involved in this kind of stuff.