Richard Biegel: EB-5 Construction Financing and Student Housing

By the numbers, $16.9 billion worth of foreign direct investment in the U.S. has been through the EB-5 program since 2008, according to Invest In the USA (IIUSA). Consider that this activity is generated by less than 1 percent of total legal U.S. immigration, all at no cost to U.S. taxpayers. China accounts for the majority of that investment. In 2014, China accounted for 84 percent of EB-5 activity, according to the DHS Yearbook of Immigration Statistics and State Department preliminary data.

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