• Attorneys
    • Ira J. Kurzban
    • Jed Kurzban
    • Helena Tetzeli
    • John Patrick Pratt
    • Edward Ramos
    • Lauren Olivia Gallagher
    • Kevin A. Gregg
    • Dominique Pando Bucci
    • David Calles Smith
    • Ryan Patterson
    • Elizabeth Montano
    • Martha Rodriguez
  • Practice Areas
    • Immigration
    • Serious Personal Injury
    • Medical Malpractice
    • Kidney Disease
    • Motor Vehicle Accidents
    • Business Corporate Law
    • Civil Litigation
  • Resources
    • In The News
    • Articles
    • Newsletters & Press Releases
    • Seminars
    • Immigration Review Podcast
    • Immigration Review Case Summaries
    • Immigration Review Blog
  • Results
    • Immigration Results
    • Kidney Disease Results
    • Medical Malpractice Results
    • Personal Injury Results
    • Civil Litigation Results
    • Appellate Decisions
  • Blog
  • Contact

Consult With An Attorney Today:
786-401-4706

En Español

Call : 786-401-4706

  • Attorneys
    • Ira J. Kurzban
    • Jed Kurzban
    • Helena Tetzeli
    • John Patrick Pratt
    • Edward Ramos
    • Lauren Olivia Gallagher
    • Kevin A. Gregg
    • Dominique Pando Bucci
    • David Calles Smith
    • Ryan Patterson
    • Elizabeth Montano
    • Martha Rodriguez
  • Practice Areas
    • Immigration
    • Serious Personal Injury
    • Medical Malpractice
    • Kidney Disease
    • Motor Vehicle Accidents
    • Business Corporate Law
    • Civil Litigation
  • Resources
    • In The News
    • Articles
    • Newsletters & Press Releases
    • Seminars
    • Immigration Review Podcast
    • Immigration Review Case Summaries
    • Immigration Review Blog
  • Results
    • Immigration Results
    • Kidney Disease Results
    • Medical Malpractice Results
    • Personal Injury Results
    • Civil Litigation Results
    • Appellate Decisions
  • Blog
  • Contact

Can EB-5 visa program help to recapitalize distressed community banks?

On behalf of Kurzban Kurzban Tetzeli and Pratt P.A. | Mar 14, 2012 | US Permanent Residency

An entrepreneur is looking to federal immigration law to help some weak community banks to revitalize communities. The woman looked long and hard for an area to apply her concept. She looked at areas in Florida and on the West Coast, but later decided to try her concept close to the nation’s capitol to test out her idea.

This blog has reported a number of stories regarding the EB-5 visa program under federal immigration law. Foreign investors can gain a pathway to permanent residency under the EB-5 visa program by investing at least $1 million in a business that creates jobs in the United States.

In some situations, the investment can be a $500,000 deal if the business is located in a regional development zone, officially called a “regional center.” Florida currently has 20 recognized regional centers for the purposes of the EB-5 visa program.

The entrepreneur came up with the idea that EB-5 investors could be a good source of capital to revitalize distressed community banks. Federal regulators say that the EB-5 program has never been tapped before for investment in community banks. The entrepreneur chose the area around the nation’s capitol city to test out her new idea. She reportedly has lined up five foreign investors to help recapitalize a distressed community bank in an effort to benefit the community and create American jobs.

She believes that the EB-5 program can be a source of revenue that will exponentially benefit the community by increasing available cash for lending to revitalize other areas of the economy. The recapitalization will allow the community banks to make loans for housing, as well as other small businesses to help “achieve the goal of reinvestment and generation of jobs on an even larger scale.”

The EB-5 program has been around since 1990 and limited to 10,000 visa applications each year. In fiscal 2011, immigration officials issued 3,500 EB-5 visas, according to the State Department. U.S. Citizenship and Immigration Services says that the EB-5 program has created roughly 43,28o jobs in the United States in its history and is responsible for generating $2.2 billion in investments in the American economy.

Source: Washington Post, “Visa program could help bank recapitalize,” Danielle Douglas, Feb. 26, 2012

Categories

  • Accidents
  • Birth Injuries
  • Brain Injuries
  • Car Accidents
  • child citizenship
  • citizenship
  • Cruise Ship Injuries
  • Deportation and Removal
  • Employment Immigration
  • Failure to Diagnose
  • Family Immigration
  • Family Visas
  • Fiancée Visas
  • Firm News
  • Hospital Negligence
  • Immigration
  • Immigration Review
  • Medical Malpractice
  • Motorcycle Accidents
  • Personal Injury
  • premises liability
  • Products Liability
  • Truck Accidents
  • Uncategorized
  • US Immigration Law
  • US Permanent Residency
  • Wrongful Death

Recent Posts

  • Federal judge gives reprieve to H-1B visas, overturns Trump rules
  • Unjust Florida law allows legal recoveries for some, but not for all
  • What are signs of acute renal failure?
  • Dealing with the aftermath of a car accident
  • Eleventh Circuit Court of Appeals rules that noncitizens in immigration court are bound by the statements of their attorneys

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010

RSS Feed

Subscribe To This Blog’s Feed

Medical Malpractice

Serious Personal Injury

Immigration

Kidney Disease

Motor Vehicle Accidents

Business/ Corporate Law

Complex Civil Litigation

Contact An Attorney

Let us know how we can help you.

Miami Office

131 Madeira Ave.
Coral Gables, FL 33134

Phone: 786-401-4706
Fax: 305-444-3503

Map & Directions

Honolulu Office

1003 Bishop Street
Suite 1600
Honolulu, HI 96813

Phone: 786-401-4706
Honolulu Office

Map & Directions

© 2021 Kurzban Kurzban Tetzeli and Pratt P.A.. All Rights Reserved.

Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters

  • Follow
  • Follow
  • Follow
Review Us