The collective power of the EB-5 program will be on display next week with the grand opening of a new airport hotel almost completely financed by foreign individuals seeking U.S. residency.
The new Atlanta Airport Hilton Homewood Suites on Bobby Brown Parkway in East Point cost $18 million to build, with $15 million coming from 30 investors who should receive green cards within two years through the long-established government program exchanging residency for capital investments of at least a half-million dollars that create 10 jobs or more. The program reached its 10,000-visa quota for the first time last year, largely on rising demand from its biggest user: China.
Investments were channels through the American Life Atlanta EB-5 Regional Center….Read the full story on our Airport City portal.
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