Immigration Law

Are promoters pushing envelope on NY-area EB-5 Regional Centers?

"An examination of the program by The New York Times suggests that in New York, developers and state officials are stretching the rules to qualify projects for this foreign financing.  These developers are often relying on gerrymandering techniques to create development zones that are supposedly in areas of high unemployment — and thus eligible for special concessions — but actually are in prosperous ones, according to federal and state records." - New York Times, Dec. 19, 2011.