Foreign investors drive Real Estate

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Foreign investment drives commercial realty September 23, 2012 Among the many trends impacting commercial real estate in South Florida is the highly successful foreign investment program called EB-5.The program allows foreign investors to gain permanent U.S. residency by investing a minimum of $500,000 of capital in a commercial enterprise, whereby 10 direct and indirect jobs are created and last for a period of at least 2 years. This program was rightfully extended by Congress earlier this month and will likely be signed by President Obama, as it will increase the value that it brings to South Florida… via Foreign investment drives commercial realty – Sun Sentinel.

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