Canny foreigners invest their way into green card with EB-5

Canny foreigners invest their way into green card with EB-5

Glades County is one of Florida’s sparsest locales, a rural expanse with 12,000 residents, two firefighters and no major grocery store. 

It’s there that Jeff Akerman is springing to life a religious Jewish community of 1,300 homes — the next Williamsburg, Brooklyn, but on Lake Okeechobee.

The novel project — planned with two synagogues and a pair of religious schools — is getting an assist from an improbable source: financiers from China and India, whose investment could mean a quick ticket to a US visa.

Incentives to encourage rural investment via the EB-5 program have extended nationwide. Mike Guillen/NY Post
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US corporations forced to spend up to borrow by way of credit card debt marketplaces

US corporations forced to spend up to borrow by way of credit card debt marketplaces

Raising funds on Wall Road is turning into ever more tough as current market gyrations shut the doorway on big preliminary public offerings and the Federal Reserve’s switch to a additional restrictive monetary policy forces corporations to pay up to borrow via debt marketplaces.

The extraordinary tightening of monetary ailments in excess of the past a few months has accompanied violent swings in stock, bond and Treasury securities. The price tag moves have inflicted losses on fund professionals and sapped some of the speculative electrical power from US financial marketplaces.

Borrowing costs for corporations and men and women have been

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