U.S. Foreign Investor Program Funding Luxury Projects, Provisions Set to Expire December 9

The federal EB-5 immigration program meant to encourage investment in the United States from wealthy foreigners is increasingly supporting large luxury real estate projects, not the development in the rural and downtrodden districts that some say were the original targets of the program. Portions of the EB-5 program are set to expire December 9. Read more here.