Many state officials are pleased to welcome the three-year extension of the EB-5 Immigrant Investor Regional Center program, acknowledging the program will provide a further boost to the country’s economy. The program will be extended via a Congressional bill, which passed the senate and awaits House approval. Introduced to Congress by Vermont Senator...
New York City real estate developments that were shelved after the 2008 financial crisis are now switching back on, and include high-end markets across the city. Developers who remained patient over the past four years are now seeing the payoff, as Manhattan has once again become the first-choice destination for...
On Thursday, August 2, 2012, the United States Senate agreed to a three-year reauthorization of the EB-5 Regional Center Program, as well as three other programs included in S.3245, with unanimous consent. The bill, presented by Patrick Leahy (D-VT) and Charles Grassley (R-IA) on May 24, 2012, now waits on the House, which is...
Home values in South Florida rose 6.4 percent during the second quarter of 2012, compared to the same quarter last year, according to a Zillow report released July 24, 2012. Prices are expected to rise another six percent by mid 2013, states the same report. The combined increases make South Florida...
Construction of single-family homes in South Florida is on the rise, despite the hindrance of foreclosures that continue to roll through the court system. Jupiter, Florida, where the Florida Regional Center is working on the completion of Harbourside Place, a mixed-use complex on U.S.1, is expected to be an area...
As EB-5 Investor Visa Programs use foreign investments to build economically- stable and sustainable developments within the United States, the program requires a lower investment for projects in areas that most need it in order to gain visas. For example, an individual investor is typically required to contribute at least $1 million toward a...
Asian Americans comprise the highest-income, best-educated and fastest-growing racial group in the United States, according to a recent report released by Pew Research Group. The report, “The Rise of Asian Americans,” also found that Asians now make up the largest share of recent immigrants, surpassing Hispanics as the predominant U.S....
While the June job report did not bear as positive results as hoped, South Florida’s economy seems to show no fear. According to economic reports, South Florida is navigating toward an upswing that puts it at a better position than it was seated at this time last year. Housing, job...
Real estate in Miami, Florida is topping the American market, as stated by the Case-Shiller housing index. According to the recent reports, South Florida (Broward, Miami-Dade and Palm Beach) as a whole is experiencing a more productive rebound in the real estate market than other major cities. And according to...
On Friday, June 15, 2012, the Obama administration announced the Department of Homeland Security (DHS) will stop deporting and begin granting work permits to to individuals who were brought to the United States as children. According to the memorandum, Exercising Prosecutorial Discretion with Respect to Individuals Who Came to the...