Changes to U.S’s EB-5 Program Could Shift Money to Rural Areas

This article was published by Mansion Global and Barron’s on July 24, 2019 and features commentary from Reaz Jafri. 

The next four months could be hectic for developers and foreign investors in the U.S. as they rush to beat the newly announced changes coming to the EB-5 immigration visa program in November.

The Department of Homeland Security published a final rule Wednesday, making changes to the EB-5 program that finances a number of high-end condo developments. The changes will likely result in some developments moving from wealthy hubs into more rural and distressed areas, according to experts.

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