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EB-5 Investor Visa Program Maxed Out by Chinese Demand

August 31, 2014 (1 min read)

"Steven Yale-Loehr, an immigration professor at Cornell University, said he expects the EB-5 investment boom to now slow down considerably.  "It's been like a four-lane expressway and now it's going back down to two," he said.  Because the visa program serves as a funding mechanism for local development projects, the prospect of longer waits for visas could reduce EB-5's usefulness for developers on tight deadlines to complete their projects, Yale-Loehr said.  "For businesses that rely on EB-5 money to finance their projects, it will become difficult to start and finish their work," Yale-Loehr said." - L.A. Times, Aug. 30, 2014.