Hotel Development Lawyers: 10 things you can do to win the "race" for EB-5 capital for your hotel development project
By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
19 August 2011
Hotel Lawyer with more information on how to take advantage of EB-5 investment capital
Our recent blog on why Asian investors are targeting U.S. hotels for investment has generated a lot of interest -- and a flurry of questions -- from the hotel development community.
The EB-5 Immigrant Investment Visa program offers an alternative means of raising capital for hotel development projects in the U.S., and JMBM's Chinese Investment Group™ is available to help hotel developers access this source of financing.
As explained in an earlier article on how to use the EB-5 Immigrant Investor Visa Program for hotel financing, the EB-5 program is an immigrant investor visa category created in 1990 for foreign nationals who invest in a new commercial enterprise that will benefit the U.S. economy and create at least 10 full-time jobs.
In another article on the topic, Cathy Holmes detailed why hotel developers need to seek EB-5 financing through "regional centers", how to find a regional center for a hotel project, how to negotiate with a regional center, and whether a developer can establish its own regional center for a hotel development.